# This Week in Music NFTs - August 29

**Published by:** [Invest in Music](https://paragraph.com/@investinmusic-2/)
**Published on:** 2022-08-30
**URL:** https://paragraph.com/@investinmusic-2/this-week-in-music-nfts-august-29

## Content

Something felt different this week. The tides are turning and the music industry is waking up to web3. Fresh off a major Billboard article, I sat down with Daniel Allan live in LA to talk through what it means to be a web3 artist. You can read about it here. We kicked off the Music NFT Launchpad this week - starting the first of four weeks for the first cohort of artists gearing up to release their first Music NFT. Last week’s drops were some of the most impactful in weeks - with dozens of returning acts penning sellouts and secondary sales. All I can say is that I’ve never felt more confident in the role web3 will play in the evolution of music distribution and consumption. Think about it - when’s the last time releasing music has really changed? We’re conditioned to find a label or distribution deal, schedule a release 5 weeks in advance, market the pre-save link on TikTok, pray for an editorial playlist and then what? Coop 💿 @Cooopahtroopa Music NFTs exist so artists don’t have to make TikToks. 312 1:47 AM • Aug 26, 2022 What happened to just putting out good music and not being so fixated on the results. Talk all the smack you want, but Music NFTs are giving artists that opportunity. It’s not about the impressions, it’s not about the streams. It’s about the connection. For many leading web3 artists, they’re starting to show that this world is not only full of opportunity, but it’s a new mental model for how put music into the world. There’s a lot to unpack there - but you’re on the cutting edge. And it’s only going to get more exciting from here. Here’s what to watch this week.Upcoming DropsMilky Chance - Synchronize (RAC Mix)Dot - BounceKarmaVioletta - BounceHENO. - NEYBORSScolla - AffirmationsFreshly MintedDaniel Allan - HoneyGrady - SunlightClear Eyes & Reo Cragun - VoicemailsAlec King - Peanut Butter Cherry heds @hedsdotworld Introducing the collabTAPE On Saturday, 8/27 @ 12P PT, we'll be releasing a collaboration with @goodsocietyla to bring their recent compilation, 'Good Society Vol. 3' to web3. 38 2:52 PM • Aug 24, 2022 Shae District - I Found GodDabow - Chase 808Top StoriesDaniel Allan Gets Billboard CoverageBillboard suggest Daniel Allan might be web3's first breakout artist in their latest coverage. Daniel Allan @imdanielallan Humbled to be in @billboard billboard.com Is NFT Star Daniel Allan Web3’s First Breakout Music Act? 14-hour days on Discord, failures and huge risks: what it takes to be successful in Web3. 409 1:12 PM • Aug 23, 2022 Sound Launches Artist & Collector ProfilesSound showcases a new way to display and curator collections. sound.xyz (🎧,🎧) @soundxyz_ Introducing New Profiles We’re excited to release new Artist and Collector Profiles! Here’s how it works 119 12:37 PM • Aug 29, 2022 HiFi Labs Unveils Web3 Artist CohortHiFi shares a new program to help artist with their web3 journey. hifilabs @hifilabs Today we are excited to announce the web3 Artist Cohort program It’s a free, online 3-week workshop w/ the core mission to connect musicians w/ the resources they need to launch their next project using web3 tools. Apply | Info: hifilabs.co Who’s it for? 309 2:02 PM • Aug 22, 2022 0xSplits Shares New SDK0xSplits makes it easy to integrate spilts into platforms. Splits @0xSplits The SDK makes it easy to integrate Splits into other apps. Get started at docs.0xsplits.xyz/sdk We're already using it to generate dynamic images for each Split. Like this one with @Soulection on @soundxyz_ app.0xsplits.xyz/accounts/0x251… 56 11:42 AM • Aug 23, 2022 Web3 Music Panel at AfterpartyArjan Timmerman recaps an electric night at the Afterparty house in LA.Warner UK Starts a Web3 Label with Probably NothingWarner Records UK and Probably Nothing tease an upcoming label. Probably A Label 💽 @probablyalabel the internet’s mixtape 5,759 2:00 PM • Aug 26, 2022 Royal Celebrates One Year AnniversaryThe royalty-backed NFT project celebrates one year in business! Bond @joinbond 1 year ago we announced Royal. We're honored to have all of you + amazing artists like @nas, @thechainsmokers, @diplo, @Verite, @bigboi and more on this journey with us. Year 2 will be even bigger. 256 11:21 AM • Aug 26, 2022 Afterparty Artist ContestAfterparty announces a new contest for artists in LA Robert Graham @RobertGraham24 VERY excited to launch our first ever Afterparty Artist Contest: The opportunity to apply to be one of the 15 new artists on Afterparty’s direct artist-fan platform. & win an all-expense paid “Unplugged” performance at the Afterparty House. Link for artists to apply below 26 1:33 PM • Aug 23, 2022 Bonus Reads toly 🇺🇸 @aeyakovenko Idea for Music NFTs. Bet on sharing and copying. Albums as 1/1 ‘s with editions. Let any edition holder create more editions. The early editions are going to end up as the collectibles, but only after the album is viral. 208 4:59 PM • Aug 27, 2022 musicben 🎧 @musicben_eth Music NFTs will count towards the official UK chart this week. Huge. Congrats @max_shand and @sebbsimone for getting this over the line 126 1:43 PM • Aug 26, 2022 Lilou @iamlilou5 Music NFTs Many of us are really excited to see the Music NFTs develop and I will explain why (You can find the article I wrote at the end of the thread) 1/16 76 12:21 PM • Aug 23, 2022 Rob Abelow @AbelowRob This chart is used to say streaming saved the music industry & we have hit all time highs. It shows a thriving industry with few reasons to push for change. But this is the wrong chart to look at. 93 1:55 PM • Aug 22, 2022 Sistine Research @sistineresearch Music NFTs How much time do you spend looking at art each day? How much time do you spend listening to music? For 99% of people the second number is way higher. Yet, there has been a large speculative market for visual NFTs, but virtually no market yet for music NFTs. 22 1:12 PM • Aug 23, 2022 Jimmy Edgar on Music NFTs sio2 @_______sio2 89 12:29 AM • Aug 24, 2022 This Week in Music NFTs is free to subscribe. 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