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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 distinguishes Music NFTs and web3 artists from one another?
The answer is simple - who shows up for others.
The sector is small enough that you can make a meaningful statement with a couple small actions.
There’s a snowball effect happening. More and more artists are waking up to the new revenue stream that is Music NFTs.
Collectors are starting to make ETH on secondary markets.
Quietly - we’re starting to see the early outline of what will become the genesis of web3 music.
So where does that leave us?
It’s time to ship. Time to stop overthinking and time to plant a flag in the sand.
Time to get our hands dirty and move the ball forward. We’ve had enough high-level convos. We all know that web3 is next up. Everyone says “we’re early”.
But the truth is - we need to prove that this space is built on something more than hopes and dreams.
And that starts this week.
It starts by minting a song. Collecting a Music NFT. Making a playlist. The smallest actions matter the most.
It’s time for the next inflection point. And if you’re reading this - you’re part of it.
Here’s what to watch for.
New section featuring artists dropping for the first time on Sound.
Listen to Freshly Minted tracks on Spinamp.
Artists claim a new wave of domains ending in .records.
Leading web3 artist Daniel Allan signs to CAA.
Musician and web3 artist Daniel Allan has signed with CAA.
Hume Genesis Holders vote on the track and supply for the next Angelbaby single.
Mike’s debut ETH collection sells out in partnership with Secret Garden.
More than 4,000 unique addresses have collected a Music NFT on Sound.
This Week in Music NFTs is free to subscribe. Follow me on Twitter to stay up with the latest!
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 distinguishes Music NFTs and web3 artists from one another?
The answer is simple - who shows up for others.
The sector is small enough that you can make a meaningful statement with a couple small actions.
There’s a snowball effect happening. More and more artists are waking up to the new revenue stream that is Music NFTs.
Collectors are starting to make ETH on secondary markets.
Quietly - we’re starting to see the early outline of what will become the genesis of web3 music.
So where does that leave us?
It’s time to ship. Time to stop overthinking and time to plant a flag in the sand.
Time to get our hands dirty and move the ball forward. We’ve had enough high-level convos. We all know that web3 is next up. Everyone says “we’re early”.
But the truth is - we need to prove that this space is built on something more than hopes and dreams.
And that starts this week.
It starts by minting a song. Collecting a Music NFT. Making a playlist. The smallest actions matter the most.
It’s time for the next inflection point. And if you’re reading this - you’re part of it.
Here’s what to watch for.
New section featuring artists dropping for the first time on Sound.
Listen to Freshly Minted tracks on Spinamp.
Artists claim a new wave of domains ending in .records.
Leading web3 artist Daniel Allan signs to CAA.
Musician and web3 artist Daniel Allan has signed with CAA.
Hume Genesis Holders vote on the track and supply for the next Angelbaby single.
Mike’s debut ETH collection sells out in partnership with Secret Garden.
More than 4,000 unique addresses have collected a Music NFT on Sound.
This Week in Music NFTs is free to subscribe. Follow me on Twitter to stay up with the latest!
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