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A new mint format is in town.
Open editions rolled out on Sound this week, leading to a full roster of top-tier artists experimenting with time-based drops.
Looking at the top open editions from this past week, we saw:
This comes alongside drops from Oshi, San Holo, LATASHÁ, Bloody White and Mija - all in the first batch of artists to experiment with open editions.
Thankfully, today that feature opens to all artists on Sound, creating an interesting next chapter for Music NFTs.
Open editions remove the pressure to “sell out”. They create a great way to feel out an artist’s collector base, but still make sure the early adopters are seen over the long term.
Still - there’s a constant question out there.
Where are new collectors going to come from?
And in many ways, everyone is still trying to figure out the answer.
In my view, this year has to be about the music. Not the tech.
For web3 music to really have a life of its own, we need to see more songs cross the chasm and make a cultural statement outside of the niche pocket of Music NFTs.
In the same way that Soundcloud became a cultural inflection point for college kids (like me), we need that same energy with web3.
My guess is we’re still 1-2 years out - but for those reading this today, it gives you an opportunity to place your bets.
Thankfully, the tables are in our favor.
So this note goes out to everyone showing up every day. To those getting in the trenches.
To those having the tough conversations and never giving up.
There’s an ocean of opportunity on the other side of this bear market - and I can’t wait to get there with all of you.
Listen to Freshly Minted on Spinamp
Hume teams up with Gino the Ghost by acquiring Blocktones
Showtime debuts a new way to earn NFTs for pre-saving a song on Spotify.
After a one-week beta, Sound unlocks open editions for all artists on the platform.
Decent shares a new way to lend and borrow Music NFTs
Kits shares details on their upcoming season with a Spearmint allowlist campaign
Nvak shares their plans for 2023 with an updated whitepaper.
Heds releases a limited edition played featuring 25 stems from 15 artists.
Two emerging web3 artists link up for a 4-track EP created in 72 hours.
This Week in Music NFTs is free to subscribe. Follow me to stay up with the latest!
Disclosure: I am an investor in Hume, Showtime, Sound, Decent, Arpeggi and Heds. I have also collected most of the songs mentioned in Freshly Minted.
A new mint format is in town.
Open editions rolled out on Sound this week, leading to a full roster of top-tier artists experimenting with time-based drops.
Looking at the top open editions from this past week, we saw:
This comes alongside drops from Oshi, San Holo, LATASHÁ, Bloody White and Mija - all in the first batch of artists to experiment with open editions.
Thankfully, today that feature opens to all artists on Sound, creating an interesting next chapter for Music NFTs.
Open editions remove the pressure to “sell out”. They create a great way to feel out an artist’s collector base, but still make sure the early adopters are seen over the long term.
Still - there’s a constant question out there.
Where are new collectors going to come from?
And in many ways, everyone is still trying to figure out the answer.
In my view, this year has to be about the music. Not the tech.
For web3 music to really have a life of its own, we need to see more songs cross the chasm and make a cultural statement outside of the niche pocket of Music NFTs.
In the same way that Soundcloud became a cultural inflection point for college kids (like me), we need that same energy with web3.
My guess is we’re still 1-2 years out - but for those reading this today, it gives you an opportunity to place your bets.
Thankfully, the tables are in our favor.
So this note goes out to everyone showing up every day. To those getting in the trenches.
To those having the tough conversations and never giving up.
There’s an ocean of opportunity on the other side of this bear market - and I can’t wait to get there with all of you.
Listen to Freshly Minted on Spinamp
Hume teams up with Gino the Ghost by acquiring Blocktones
Showtime debuts a new way to earn NFTs for pre-saving a song on Spotify.
After a one-week beta, Sound unlocks open editions for all artists on the platform.
Decent shares a new way to lend and borrow Music NFTs
Kits shares details on their upcoming season with a Spearmint allowlist campaign
Nvak shares their plans for 2023 with an updated whitepaper.
Heds releases a limited edition played featuring 25 stems from 15 artists.
Two emerging web3 artists link up for a 4-track EP created in 72 hours.
This Week in Music NFTs is free to subscribe. Follow me to stay up with the latest!
Disclosure: I am an investor in Hume, Showtime, Sound, Decent, Arpeggi and Heds. I have also collected most of the songs mentioned in Freshly Minted.
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