There were two main topics driving this week’s conversations.Using NFTs to drive Spotify playsShould Music NFTs contain music?We saw both Showtime and Kids of the Apocalypse launch novel ways to engage collectors to drive Spotify presaves. One gave you a free NFT, the other entered you into a raffle to get a free NFT. Regardless - the thesis is that collectors will presave a song to receive something of value. I’ve seen a few teams exploring this integration, and it seems likely that more and...

There were two main topics driving this week’s conversations.Using NFTs to drive Spotify playsShould Music NFTs contain music?We saw both Showtime and Kids of the Apocalypse launch novel ways to engage collectors to drive Spotify presaves. One gave you a free NFT, the other entered you into a raffle to get a free NFT. Regardless - the thesis is that collectors will presave a song to receive something of value. I’ve seen a few teams exploring this integration, and it seems likely that more and...

I spent the past week in Bogota - talking with devs, founders and DAO contributors about Music NFTs at Devcon. Surprisingly, there was more excitement than expected. Most had heard of Sound, and most wanted to know what was happening on the ground floor. I make this point to highlight that this is exactly what’s happening with the traditional music industry. Directional interest, high-level knowledge of key players and a curiosity to see how it plays out. Everyone is asking - what distinguish...

I spent the past week in Bogota - talking with devs, founders and DAO contributors about Music NFTs at Devcon. Surprisingly, there was more excitement than expected. Most had heard of Sound, and most wanted to know what was happening on the ground floor. I make this point to highlight that this is exactly what’s happening with the traditional music industry. Directional interest, high-level knowledge of key players and a curiosity to see how it plays out. Everyone is asking - what distinguish...

Coop Records is live. Coop 💿 @Cooopahtroopa Proud to announce Coop Records Fund I A $10M early-stage fund investing in the next generation of music. Here's what you need to know 2,500 11:46 AM • Sep 8, 2022 It’s something I’ve been working on for the better half of the last 6 months, and on this week’s edition - I’m excited to unpack what this means. First and foremost - Coop Records is not a record label. At least in the traditional sense. It’s a venture fund paired and incubator focused on...

Coop Records is live. Coop 💿 @Cooopahtroopa Proud to announce Coop Records Fund I A $10M early-stage fund investing in the next generation of music. Here's what you need to know 2,500 11:46 AM • Sep 8, 2022 It’s something I’ve been working on for the better half of the last 6 months, and on this week’s edition - I’m excited to unpack what this means. First and foremost - Coop Records is not a record label. At least in the traditional sense. It’s a venture fund paired and incubator focused on...

We’re starting to reach a tipping point. This last week on Sound saw 32 drops - combining both new artists and seasoned vets for the most drops in one week to date. Many artists are starting to show consistent release schedules, dropping once every week or two weeks. While this is a fantastic direction - I wanted to give some quick commentary as a collector of these drops. With more drops means more options. Collectors only have a finite amount of ETH and as the drop calendar starts to scale ...

We’re starting to reach a tipping point. This last week on Sound saw 32 drops - combining both new artists and seasoned vets for the most drops in one week to date. Many artists are starting to show consistent release schedules, dropping once every week or two weeks. While this is a fantastic direction - I wanted to give some quick commentary as a collector of these drops. With more drops means more options. Collectors only have a finite amount of ETH and as the drop calendar starts to scale ...

It’s time for the new class of artists to shine. This week saw sold-out drops from a wide variety of web3 artists - further cementing the developing pocket of up-and-coming acts. We saw major labels making major moves as Warner announced a partnership with OpenSea. While everyone loves to guess how Kanye or Drake might one day release NFTs, there’s a very real culture developing acts minting every day. It’s gotten to the point where it’s basically all I think about - how do we empower the nex...

It’s time for the new class of artists to shine. This week saw sold-out drops from a wide variety of web3 artists - further cementing the developing pocket of up-and-coming acts. We saw major labels making major moves as Warner announced a partnership with OpenSea. While everyone loves to guess how Kanye or Drake might one day release NFTs, there’s a very real culture developing acts minting every day. It’s gotten to the point where it’s basically all I think about - how do we empower the nex...

The best music will win. I received a lot of merited feedback about the way I run this newsletter last week - here’s a few items I’d like to remind everyone.This newsletter does not cover everything happening in web3 music.These are my personal recommendations.I’m a collector, investor or advisor to just about every project (and most artists) mentioned every week.My intent is to guide someone who has very little time to the most important news and events of the past week. When I recommend dro...

The best music will win. I received a lot of merited feedback about the way I run this newsletter last week - here’s a few items I’d like to remind everyone.This newsletter does not cover everything happening in web3 music.These are my personal recommendations.I’m a collector, investor or advisor to just about every project (and most artists) mentioned every week.My intent is to guide someone who has very little time to the most important news and events of the past week. When I recommend dro...

We’ve reached a point where collectors can pick up anywhere from 25-50 new tracks a week. This week we saw a strong trend of free and low priced (0.01 or 0.02 ETH) mints - all bringing in new collectors an encouraging secondary market activity. If I’ve learned one thing - it’s that people don’t like the financialization of music. But honestly - I think it’s an extremely exciting era for that exact reason. Giving fans and curators the capacity to make money off their taste has never really hap...

We’ve reached a point where collectors can pick up anywhere from 25-50 new tracks a week. This week we saw a strong trend of free and low priced (0.01 or 0.02 ETH) mints - all bringing in new collectors an encouraging secondary market activity. If I’ve learned one thing - it’s that people don’t like the financialization of music. But honestly - I think it’s an extremely exciting era for that exact reason. Giving fans and curators the capacity to make money off their taste has never really hap...

Markets are crashing. Music NFTs are ripping. Despite what many people are calling the worst week in crypto, Music NFTs are quietly chugging along. Coop 💿 @Cooopahtroopa If you're still here, you're exactly where you need to be. 210 4:26 PM • Nov 10, 2022 The continued pace and progresses of the niche sector suggests that maybe this pocket of web3 is uncorrelated from the FTX meltdown. It’s my belief that over the next two years, we will continue to see consumer-facing crypto products differ...

Markets are crashing. Music NFTs are ripping. Despite what many people are calling the worst week in crypto, Music NFTs are quietly chugging along. Coop 💿 @Cooopahtroopa If you're still here, you're exactly where you need to be. 210 4:26 PM • Nov 10, 2022 The continued pace and progresses of the niche sector suggests that maybe this pocket of web3 is uncorrelated from the FTX meltdown. It’s my belief that over the next two years, we will continue to see consumer-facing crypto products differ...

Hallmark Music NFT collections are starting to stand out. Alongside a jam-packed week of sellouts - we saw Reo Cragun’s Frameworks and Daniel Allan’s Glass House see strong support on the secondary market. This came alongside an impressive sellout from Probably a Label, adding to what feels like an energizing next chapter for Music NFTs. Coop 💿 @Cooopahtroopa Feels like we’re one push away from Music NFTs having their moment. 222 5:36 PM • Oct 8, 2022 With the launch of Sound Season 4 - expe...

Hallmark Music NFT collections are starting to stand out. Alongside a jam-packed week of sellouts - we saw Reo Cragun’s Frameworks and Daniel Allan’s Glass House see strong support on the secondary market. This came alongside an impressive sellout from Probably a Label, adding to what feels like an energizing next chapter for Music NFTs. Coop 💿 @Cooopahtroopa Feels like we’re one push away from Music NFTs having their moment. 222 5:36 PM • Oct 8, 2022 With the launch of Sound Season 4 - expe...

New funding is flowing into web3 music. Arpeggi and RELICS announced rounds this week - both of which I was lucky to be involved as an angel (Arpeggi) and as Coop Records (RELICS). Coop Records Fund @cooprecsfund Proud to announce Coop Records first investment. We're excited to back @RELICSxyz as they create a home for Metaverse Music. Every virtual world needs music - and RELICS is here to lead that charge! 84 4:52 PM • Sep 14, 2022 While it’s a small signal, we’re moving away from the exper...

New funding is flowing into web3 music. Arpeggi and RELICS announced rounds this week - both of which I was lucky to be involved as an angel (Arpeggi) and as Coop Records (RELICS). Coop Records Fund @cooprecsfund Proud to announce Coop Records first investment. We're excited to back @RELICSxyz as they create a home for Metaverse Music. Every virtual world needs music - and RELICS is here to lead that charge! 84 4:52 PM • Sep 14, 2022 While it’s a small signal, we’re moving away from the exper...

The writing is on the all for a Music NFT tipping point. With the launch of Sound Protocol, composability is about to see a bump as anyone can deploy a Music NFT song contract for less than $10. While it’s not quite open to the public, artists like Reo Cragun are demonstrating the potential with his new EP Frameworks - a 5-track project that lives on Sound and reocragun.xyz at the same time. This comes on the back of Hume announcing a whopping $11.7M Series A - a very strong signal for metast...

The writing is on the all for a Music NFT tipping point. With the launch of Sound Protocol, composability is about to see a bump as anyone can deploy a Music NFT song contract for less than $10. While it’s not quite open to the public, artists like Reo Cragun are demonstrating the potential with his new EP Frameworks - a 5-track project that lives on Sound and reocragun.xyz at the same time. This comes on the back of Hume announcing a whopping $11.7M Series A - a very strong signal for metast...

Web3 music is a positive sum game. The more you give, the more you get. In today’s game - the more you show up for others, the more people show up for you. This week saw a number of collaborations amongst leading voices in the space. Whether it was platforms, artists or collectors - the community banded together to highlight the power of the growing movement. We saw dozens of artists showcase their new Sound.xyz profile, tagging their leading collectors and creating a strong bond among top su...

Web3 music is a positive sum game. The more you give, the more you get. In today’s game - the more you show up for others, the more people show up for you. This week saw a number of collaborations amongst leading voices in the space. Whether it was platforms, artists or collectors - the community banded together to highlight the power of the growing movement. We saw dozens of artists showcase their new Sound.xyz profile, tagging their leading collectors and creating a strong bond among top su...