# This Week in Music NFTs - Nov 28

**Published by:** [Invest in Music](https://paragraph.com/@investinmusic-2/)
**Published on:** 2022-11-28
**URL:** https://paragraph.com/@investinmusic-2/this-week-in-music-nfts-nov-28

## Content

What do all the top artists in web3 have in common? They make collectors money. As we head into a major week at Art Basel - I’ve been wondering what the recipe for a breakout artist in web3 looks like. I don’t think it has to do with play count. With sold out shows. Or TikTok followers. What makes the artist “breakout” - specifically in web3 - is something much different from what exists today. This week - a collector named hemaaanth ran some quick numbers of Daniel Allan’s Music NFTs. According to this breakdown, his collectors have made more than $330k by trading Daniel’s NFTs. What’s more interesting is that this is across only ~600 unique minters. The reason I highlight this is not to flex the numbers - it’s to show metrics completely new to music. And that they take a fraction of the amount of people to move the needle. Coop 💿 @Cooopahtroopa Artists in web3 make fans money. Huge paradigm shift. 134 5:02 PM • Nov 26, 2022 Think about it - when’s the last time you’ve heard of an artist making their fans money? Let alone by simply supporting their music? Now, I know the financilization of music is a very touchy subject. But - let me poke the bear. How many artists:Know how to pay their taxes?Know who owns all their masters and publishing?Incorporated their own company?Have a basic understanding of what a cap table is?Pay themselves a salary?We’ve let artists exist so much as artists, that the industry has (intentionally) hidden the underlying business mechanics behind riddles. It’s going to be a bumpy road, but artists becoming financially literate is - in my opinion - net positive. So - what do I think a breakout artist in web3 looks like? If I had to guess, it’s probably the first artist to make 10,000 collectors $10,000 each. It’s the first artist to have a true hit that started by being minted as Music NFTs. It’s the first artist to have the proper corporate structures in place to hire a team and run their project as a full-fledged business. But - this hasn’t happened yet. At least not in web3. And so the fight continues. If you find this topic interesting, you’ll love my podcast with Trapital. We broke down what funding artists can look like, and why it might present a new path forward from what’s offered today. All that goes to say - the momentum is bubbling. Here’s what to watch for this week.Upcoming DropsTK - Eternal GardenMija - Acoustic Album Lol Part #1Jon Waltz x Tate Tucker - SafeguardKevin George - So LongVioletta Zirona - Your MotherMark Evans - Pass the TimeBloody White - ApathyFelly - Song of a Gun Rae Isla, a traveling bard 🧳 @rae_isla Rae Isla's Rocks, a 1000 piece Music + Art NFTs NEW DATES Pre Sale - NOV 28 - .045 ETH Public - NOV 30 - .05 ETH niftymusic.app/rae-isla/rae-i… Allow list closed. Public sale only! 111 rocks 4 songs 25+ traits rare 1/1s Join us x.com/i/spaces/1jMJg… 165 11:40 AM • Nov 23, 2022 RŌHKI Origins - Chapter IIISloejack - ParadeAbjoinian Suite Vol. IIIGenesis Sound DropsMILES - Hold OnVaarwell - The Balance I CraveRo Marsalis - ParmountGreydient - Lost in the LightLilspirit - evilFreshly MintedDaniel Allan x Reo Cragun - StarsMija - GrooveSan Holo - All the Highs (Acoustic)Contradash - Save Yourself FirstHigh Tropics - ChangesTWERL - TrustX&ND - Beg For ItHvdson - Skies (Demo)Daz Merchant - Fever CrowdfundDLG - Wishful ThinkingTop StoriesTK Kicks off Eternal GardenTK debuts his web3 album Eternal Garden with a strong presale. TK @TKtheLegend Pre-sale access to mint Eternal Garden starts Friday. November 25th at 12pm PT 700 Editions 0.05 ETH Exclusively at: eternal-garden.xyz 93 6:55 PM • Nov 23, 2022 Mija Announces Acoustic AlbumAfter topping the Sound 30D charts -Mija announces an acoustic album to encourage collaboration. Mija @hi_mija I’m Mija - an international superstar DJ, Music NFT dealer, wannabe degen This Tuesday I’m releasing Part #1 of my Acoustic Album lol Presale starts Monday at 11AM PST on mint.madebymija.com 99 9:16 PM • Nov 26, 2022 Sound Introduces the Activity FeedSound adds an activity feed to encourage better discovery and engagement. sound.xyz (🎧,🎧) @soundxyz_ Introducing the Activity Feed View real-time activity of everything happening on Sound. See a global feed for all users, or curate your own personalized feed based on who you follow. sound.xyz/feed 130 11:05 AM • Nov 22, 2022 Ocean Floor Music Launches New PlatformOcean Floor debuts its new marketplace with a launch party in Australia massive.fan @MassiveFanHQ TOMORROW Our NFT Marketplace is LIVE To launch, we're set to pack out @Oshi_Gallery to bring collectors, musicians and industry leaders together to kick-off @NFTFestAus Digital Art Gallery Live Performance From @KavTemperley DJs @DJMzRizk & Falo Who's coming? 19 5:09 AM • Nov 21, 2022 MetaJAX Album Nominated for a GrammyDAORecords gets its first grammy nomination courtesy of Arturo Sandoval MetaJAX We never, ever DM @MetaJAX Proud to announce that our first MetaJAX NFT Album project “Rhythm & Soul by @sandovalarturo1 has been nominated for @RecordingAcad’s Grammy Award in the Latin Jazz category. Check it out and listen at MetaJAX.DAOrecords.io 75 12:10 PM • Nov 15, 2022 402HQ Announces Livestream MintingCollectors can mint Music NFTs during a livestream using 402HQ. Hypeshot @HypeshotHQ We’re officially announcing the ability to mint NFTs directly from livestreams We’ve integrated with @decentxyz, @soundxyz_, @ourZORA, @manifoldxyz, and @mintplexnft to allow fans to instantly mint NFTs natively from creators’ streams 229 2:08 PM • Nov 22, 2022 Spottie WiFi Drops with Tower RecordsSpottie Wifi gives collectors an NFT-backed vinyl in partnership with Tower Records. https://towerrecords.com/products/spottieBonus Reads BlockchainBrett @web3brett 'The Crypto Creator Economy' Crypto is laying down the foundation for the future of the Creator Economy. The Crypto Creator Economy shifts the principles and industry value back to the creator. This is the first writing of the @CreatorsGMI newsletter and a Writing NFT. 373 10:42 AM • Nov 22, 2022 Coop 💿 @Cooopahtroopa If you were on Soundcloud - you probably remember collectives. Artists came together to create community labels around sub-genres. They spotlighted emerging talent and amplified songs from the core group. Now - it's time for the rise of collectives in web3 262 5:01 PM • Nov 21, 2022 Mija @hi_mija I made 13.79 ETH this month selling music NFTs AMA 2,128 9:14 PM • Nov 22, 2022 carl @Carlgmi Why would you listen to music for free when you can buy it? Music NFTs 120 9:45 PM • Nov 24, 2022 brokeinvstr @brokeinvstr Discovery and curation are key as we move forward with the Music NFTs movement. They highlight quality, drive sales and build artist-collector relationships. Welcome to "FRESH MINTS" where I share my favorite Music NFTs every week. So, let's dive into: FRESH MINTS VOL. 2 ↓ 126 1:20 PM • Nov 27, 2022 ramie.eth رامي @ramiechaarani Why do I buy music NFTs? I want to directly support artists who make dope music. 212 10:19 AM • Nov 22, 2022 Reo Cragun @ReoCragun Extremely proud today. I now own 300+ music NFTs and have made it to the top 10 collector list on @soundxyz_ 196 12:43 PM • Nov 25, 2022 LA EQUIS ✨ @Xcelencia Today we are celebrating 40 million streams on Spotify and I just airdropped over 100 Xcelencia Rookie cards as dynamic NFTs powered entirely by @passageprotocol and their new NFT builder Airdrops to: Infinxte by Xcelencia backers 1/1 collectors music NFT holders 70 3:56 PM • Nov 25, 2022 Daniel Allan @imdanielallan Really interesting data here sent over from @hemaaanth about my collector ecosystem $330k in revenue for fans!! l.stckr.xyz/daniel-allan 14 9:43 PM • Nov 25, 2022 This Week in Music NFTs is free to subscribe. Follow me to stay up with the latest! Disclaimer: I own all the Sound NFTs mentioned in Freshly Minted. I am an investor in Sound a collector of TK and Mija.

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