# What is the value of music?

By [Invest in Music](https://paragraph.com/@investinmusic-2) · 2023-08-25

---

With market trends pushing most mints towards free - community members Iman Europe, TK and Bas shared their thoughts on how music should be valued.

We’ve reached an interested place with onchain music - as more enters the market, the average price per mint declines.

On one hand - this provides more accessibility to collectors. On the other, it moves closer towards the world we know today where every stream earns a fraction of a penny.

While there’s no one right answer - we’re keeping a close eye on how things progress.

In other news - more personalized experiences for collecting are coming online.

Spinamp rolled out a “Releases for you” feed. Bello teamed up with XMPT for mass wallet messaging. Guild released Verified Badges (including one for [Invest in Music](https://guild.xyz/invinmusic)!)

Seed Club announced a new demo day with one of their projects - Surreal - going live in the app store. This comes alongside Bonfire and LNRZ teaming up for Onchain Summer.

musiccurator entered the scene while the Green Room starts to review their first set of proposals.

Safe to say - the energy is bubbling for something new.

Here’s what happened this week.

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Top Stories
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[![User Avatar](https://storage.googleapis.com/papyrus_images/8075647f130f4db302582b10b2d8bc88fb15be8bc9a64f3d6938244dffcec5f3.jpg)](https://twitter.com/seedclubhq)

[SEED CLUB](https://twitter.com/seedclubhq)

[@seedclubhq](https://twitter.com/seedclubhq)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/seedclubhq/status/1694028281945956620)

༓☾ '/ ☽༓  
Announcing SC06: The Event  
  
An exotic demonstration of consumer crypto products, not another copy pasta demo day.  
  
Live & Online September 28  
  
.·:\*¨ ¨\*:·..·:\*¨¨\*:·..·:\*¨ ¨\*:·.  
• Are you on The List? •  
•❃•,¸,.·' '·.,¸,••,¸,.·' '·.,¸,••❃•

![](https://pbs.twimg.com/ext_tw_video_thumb/1694028217462747136/pu/img/I3yk7taUYkYiGZHn.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 200](https://twitter.com/seedclubhq/status/1694028281945956620)[

11:46 AM • Aug 22, 2023

](https://twitter.com/seedclubhq/status/1694028281945956620)

Seed Club is hosting a demonstration of consumer crypto products.

[![User Avatar](https://storage.googleapis.com/papyrus_images/72ae072a0c9b79a327fa7ceacbd25edd2e14f1649402630b7688ceb3d79d1f89.jpg)](https://twitter.com/bonfire_tweets)

[Bonfire](https://twitter.com/bonfire_tweets)

[@bonfire\_tweets](https://twitter.com/bonfire_tweets)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/bonfire_tweets/status/1694457435837124843)

Things are heating up ![🟡](https://abs-0.twimg.com/emoji/v2/72x72/1f7e1.png)  
  
As part of [@BuildOnBase](https://twitter.com/BuildOnBase)'s Onchain Summer, we’re partnering with [@lnrzxyz](https://twitter.com/lnrzxyz) and [@ufo\_\_club](https://twitter.com/ufo__club) on their upcoming drops.  
  
Keep an eye out for next Wednesday, August 30th at 12pm EST ![🔥](https://abs-0.twimg.com/emoji/v2/72x72/1f525.png)

![](https://storage.googleapis.com/papyrus_images/5a8c997ed724476b0604ff08e83936c33733c8bff603c6471cd5ab1f065efce3.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 33](https://twitter.com/bonfire_tweets/status/1694457435837124843)[

4:11 PM • Aug 23, 2023

](https://twitter.com/bonfire_tweets/status/1694457435837124843)

Bonfire and LNRZ team up for an Onchain Summer takeover next week.

[![User Avatar](https://storage.googleapis.com/papyrus_images/c2f21b7d14aa1da55d29adc55465cd207f644270b92f266aaa40267bea1231fc.jpg)](https://twitter.com/ImanEurope)

[Iman 🦋 Europe](https://twitter.com/ImanEurope)

[@ImanEurope](https://twitter.com/ImanEurope)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/ImanEurope/status/1692629170021339456)

we need to have a real conversation about free mints. this is long, but important.  
  
first of all, “free” mints aren’t free. aside from gas fees, certain platforms get paid every time a piece of art gets minted, regardless of if it’s “free” or not.  
  
this means that collectors

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 172](https://twitter.com/ImanEurope/status/1692629170021339456)[

3:06 PM • Aug 18, 2023

](https://twitter.com/ImanEurope/status/1692629170021339456)

Iman Europe sparks a discussion on the value of music

[![User Avatar](https://storage.googleapis.com/papyrus_images/019c019abbefb188e4ad42c2fc0b68fd8c9e6f9299fa48ea038014aa64504391.jpg)](https://twitter.com/spin_amp)

[spinamp](https://twitter.com/spin_amp)

[@spin\_amp](https://twitter.com/spin_amp)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/spin_amp/status/1694356487173554300)

Tired of checking X or Telegram to keep up with onchain music?  
  
Unsure if your music will really reach your fans?  
  
Introducing Releases for you, a personalized feed of tracks from artists you follow or collect, right on the Explore page  
  
Personalization is decentralization, ![🧵](https://abs-0.twimg.com/emoji/v2/72x72/1f9f5.png)![👇](https://abs-0.twimg.com/emoji/v2/72x72/1f447.png)

![](https://storage.googleapis.com/papyrus_images/1dcc59e7be888035eb4bc739b3396a88321117d4667c775f413236acb882443b.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 43](https://twitter.com/spin_amp/status/1694356487173554300)[

9:30 AM • Aug 23, 2023

](https://twitter.com/spin_amp/status/1694356487173554300)

A personalized feed of music onchain baed on your activity.

[![User Avatar](https://storage.googleapis.com/papyrus_images/4a0c6d26ca21582f3cc1e4719b4264f6c4fcec163edfffcf8d1d62da673a4de2.jpg)](https://twitter.com/bellosights)

[Bello 🍄](https://twitter.com/bellosights)

[@bellosights](https://twitter.com/bellosights)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/bellosights/status/1693673668294083009)

From the moment we launched Bello, the feedback was consistent:  
  
"Incredible insights! But how do I directly engage with these wallets?"  
  
We heard you. Loud and clear.  
  
Introducing Mass Messaging on Bello powered by [@xmtp\_](https://twitter.com/xmtp_).

![](https://pbs.twimg.com/ext_tw_video_thumb/1693673559800049664/pu/img/2D9bgeB4EOqkYxSP.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 88](https://twitter.com/bellosights/status/1693673668294083009)[

12:17 PM • Aug 21, 2023

](https://twitter.com/bellosights/status/1693673668294083009)

Engage with wallets and send them messages using Bello.

[![User Avatar](https://storage.googleapis.com/papyrus_images/b20781fc4a345e854376c90a7875515cee4c7808a906950e1194b0905754f41a.jpg)](https://twitter.com/guildxyz)

[Guild](https://twitter.com/guildxyz)

[@guildxyz](https://twitter.com/guildxyz)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/guildxyz/status/1692214781195825339)

Guild is free and permissionless. Anyone can come and create a Guild in under a few minutes, no questions asked.  
  
But how do we know which Guilds are authentic and made by the given project? The answer is 𝘃𝗲𝗿𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻.

![](https://pbs.twimg.com/ext_tw_video_thumb/1692214630779695111/pu/img/KYSw5InmvgV1uZ7X.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 101](https://twitter.com/guildxyz/status/1692214781195825339)[

11:40 AM • Aug 17, 2023

](https://twitter.com/guildxyz/status/1692214781195825339)

Now verified Guilds will display a blue checkmark.

[![User Avatar](https://storage.googleapis.com/papyrus_images/3a362655f7b606ec0b68c8de3f6c47300d296283583c5f9ff5147a60af7ec8d5.jpg)](https://twitter.com/surrealapp)

[Surreal](https://twitter.com/surrealapp)

[@surrealapp](https://twitter.com/surrealapp)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/surrealapp/status/1694393777400459402)

Surreal iOS app now available on the App Store.  
  
A place to listen, watch, share, and organize all your onchain things.  
  
Download now  
[apps.apple.com/us/app/surreal…](https://t.co/IZ6w1zd38H)

![](https://storage.googleapis.com/papyrus_images/e965339cb90bea5f2df5792d0ce350db574dc1959c151f14e5ddb3ada8dca7e8.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 114](https://twitter.com/surrealapp/status/1694393777400459402)[

11:58 AM • Aug 23, 2023

](https://twitter.com/surrealapp/status/1694393777400459402)

Listen to onchain music on the go with the Surreal app.

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![](https://storage.googleapis.com/papyrus_images/9779f26637053d4a59b847e4867cda7d887235b3b67bd47f75d566d6a373150d.jpg)

* * *

### Weekly Podcast

[![]({{DOMAIN}}/editor/youtube/play.png)](https://www.youtube.com/watch?v=4b7ez5HflrI)

Remember - Invest in Music Pass holders can mint at a discount.

Listen and collect [here](https://investinmusic.xyz/).

* * *

Music Monday
------------

Featuring WesGhost, San Holo, Annika Rose, DLG, Mykel, and other songs making waves onchain today.

IM Pass Discounts: [San Holo](https://www.sound.xyz/sanholobeats/no-place-is-too-far-feat-whethan-and-selah-sol?referral=0x86958a1219ab83c92779285efeb0d9dc186e24c0&referral_source=link), [bear bear & friends](https://www.sound.xyz/notanotherbearbear/solo?referral=0x86958a1219ab83c92779285efeb0d9dc186e24c0&referral_source=link), & [Sunny Suljic](https://www.sound.xyz/sunnysuljic/wishing-you-well?referral=0x86958a1219ab83c92779285efeb0d9dc186e24c0&referral_source=link).

See the thread [here](https://twitter.com/invinmusic/status/1693669349150835083).

* * *

Weekly Spotlight
----------------

*   [San Holo - NO PLACE IS TOO FAR](https://www.sound.xyz/sanholobeats/no-place-is-too-far-feat-whethan-and-selah-sol?referral=0x86958a1219ab83c92779285efeb0d9dc186e24c0&referral_source=link)
    
*   [Grey - 7-DS (ft. AWAY)](https://www.sound.xyz/greymusic/7ds?referral=0x86958a1219ab83c92779285efeb0d9dc186e24c0&referral_source=link)
    
*   [Clear Eyes & Lyrah - KEEP ME IN MIND](https://www.sound.xyz/cleareyes/keep-me-in-mind-with-lyrah?referral=0x86958a1219ab83c92779285efeb0d9dc186e24c0&referral_source=link)
    
*   [DLG - KUNG FU (final master)](https://www.sound.xyz/dlg/kung-fu-final-master?referral=0x86958a1219ab83c92779285efeb0d9dc186e24c0&referral_source=link)
    
*   [Beachcrimes - Fahrenheit](https://www.sound.xyz/beachcrimes/fahrenheit?referral=0x86958a1219ab83c92779285efeb0d9dc186e24c0&referral_source=link)
    

See the thread [here](https://twitter.com/invinmusic/status/1694404140401832242?s=20).

* * *

Bonus Reads
-----------

*   [![User Avatar](https://storage.googleapis.com/papyrus_images/1da76b527dab9396fb1ebdfefdbcc7a2da4ecab31f41126e59a1ad86951a5305.jpg)](https://twitter.com/musicurator_)
    
    [musicurator.eth](https://twitter.com/musicurator_)
    
    [@musicurator\_](https://twitter.com/musicurator_)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/musicurator_/status/1694423136572264499)
    
    Curation for onchain music is broken.  
      
    We have a chance to fix it now, while we are still early.  
      
    Introducing 𝗺𝘂𝘀𝗶𝗰𝘂𝗿𝗮𝘁𝗼𝗿: 𝗼𝗻𝗰𝗵𝗮𝗶𝗻 𝗺𝘂𝘀𝗶𝗰 𝗿𝗲𝘃𝗶𝗲𝘄𝘀 ![👇](https://abs-0.twimg.com/emoji/v2/72x72/1f447.png)
    
    ![](https://storage.googleapis.com/papyrus_images/055c9cf4597942cc4461adc5375a29c98a142a8d174c1b7d1549f61ece3d21e6.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 14](https://twitter.com/musicurator_/status/1694423136572264499)[
    
    1:55 PM • Aug 23, 2023
    
    ](https://twitter.com/musicurator_/status/1694423136572264499)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/3e9e54fd7fa532be70241ab33e6baae599db7e0474b41ee1b0198bf5fb28b3ed.jpg)](https://twitter.com/musicben_eth)
    
    [musicben 🎧](https://twitter.com/musicben_eth)
    
    [@musicben\_eth](https://twitter.com/musicben_eth)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/musicben_eth/status/1693625444694675890)
    
    Who buys music NFTs?  
      
    1\. Collectors  
    2\. Investors  
    3\. Traders  
    4\. Artists  
    5\. Fans  
    6\. Bots  
      
    Quick thread to explain the difference so you can target your drops  
      
    ↓
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 114](https://twitter.com/musicben_eth/status/1693625444694675890)[
    
    9:05 AM • Aug 21, 2023
    
    ](https://twitter.com/musicben_eth/status/1693625444694675890)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/4c3bdd4f3367153d123bd11f739817ca951acf34a7e32fea2e79be1b99aaec4a.jpg)](https://twitter.com/TKtheLegend)
    
    [TK](https://twitter.com/TKtheLegend)
    
    [@TKtheLegend](https://twitter.com/TKtheLegend)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/TKtheLegend/status/1692955268693287235)
    
    Music NFT prices are effectively being driven to zero. This may seem concerning, but it may be a healthy correction for the ecosystem. The market was once dominated by high priced work without much differentiation or merit. However, the market is maturing, and my belief is that
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 118](https://twitter.com/TKtheLegend/status/1692955268693287235)[
    
    12:42 PM • Aug 19, 2023
    
    ](https://twitter.com/TKtheLegend/status/1692955268693287235)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/0f8c5269a52256a8ea806746ea6ab29e915231757fcdf9558e1b100cf7bc264f.jpg)](https://twitter.com/dan_djfnd)
    
    [dan fowler](https://twitter.com/dan_djfnd)
    
    [@dan\_djfnd](https://twitter.com/dan_djfnd)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/dan_djfnd/status/1694431450173464837)
    
    As part of JUICE we have kicked off a little experiment.  
      
    Within "FRESH", artists and builders can submit their ideas to our team of judges.  
      
    Winners will gain access to our network and receive advice on fundraising, go-to-market, and growth.  
      
    See more:[
    
    ![](https://storage.googleapis.com/papyrus_images/b9d05cdeb75272a132da7aff5ce698489fe05e3a5072500b6a02944a755e9dc4.png)
    
    gotnojuice.notion.site
    
    \[EXP1\] Fresh | Notion
    -----------------------
    
    Welcome to JUICE. If you’re seeing this message, you’ve been invited to our private beta—which just means an early version of Fresh is open for you and a few of our friends ahead of the public. We’re...
    
    
    
    
    
    ](https://t.co/aCJTFJnVY4)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 9](https://twitter.com/dan_djfnd/status/1694431450173464837)[
    
    2:28 PM • Aug 23, 2023
    
    ](https://twitter.com/dan_djfnd/status/1694431450173464837)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/5bf604ab07e2ea83cdba380a613194b5148e61feb9a0fbd4afcc1120f9416772.jpg)](https://twitter.com/AbelowRob)
    
    [Rob Abelow](https://twitter.com/AbelowRob)
    
    [@AbelowRob](https://twitter.com/AbelowRob)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/AbelowRob/status/1694938125771096386)
    
    Earl Sweatshirt & Alchemist just dropped a surprise album.  
      
    𝐀𝐧𝐝 𝐢𝐭’𝐬 𝐨𝐧𝐥𝐲 𝐚𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐨𝐧-𝐜𝐡𝐚𝐢𝐧.  
      
    This is a big moment.  
      
    Here’s the details & why this matters:
    
    ![](https://storage.googleapis.com/papyrus_images/031e18a7f99b7df695072685e5462e2a021e45cd49b4d509307cc5a8939e15d1.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 207](https://twitter.com/AbelowRob/status/1694938125771096386)[
    
    12:01 AM • Aug 25, 2023
    
    ](https://twitter.com/AbelowRob/status/1694938125771096386)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/3e9e54fd7fa532be70241ab33e6baae599db7e0474b41ee1b0198bf5fb28b3ed.jpg)](https://twitter.com/musicben_eth)
    
    [musicben 🎧](https://twitter.com/musicben_eth)
    
    [@musicben\_eth](https://twitter.com/musicben_eth)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/musicben_eth/status/1694812596531036467)
    
    This is the UK album chart.  
      
    All 3 top albums this week had NFT sales that helped their chart position.  
      
    Slowly, then all at once.
    
    ![](https://storage.googleapis.com/papyrus_images/e37012633cd2ebd4a2510c3e21a13cd94df9ec40f0a51752240aba2d6504d245.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 93](https://twitter.com/musicben_eth/status/1694812596531036467)[
    
    3:43 PM • Aug 24, 2023
    
    ](https://twitter.com/musicben_eth/status/1694812596531036467)
    
*   [Bas Grasmayer on NFT Pricing](https://twitter.com/basgras/status/1693193194643542239?s=20)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/d443c4f62f0b8ff57ed52d465f838dda89d7c591d8f2a653636441d61d19b609.jpg)](https://twitter.com/Verite)
    
    [VÉRITÉ](https://twitter.com/Verite)
    
    [@Verite](https://twitter.com/Verite)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/Verite/status/1693992165238833661)
    
    when i started my career, i said i wanted to build something that would last a decade.  
      
    i keep saying 7 years like you stop counting your age once you turn 30, but [@VanessaMagos](https://twitter.com/VanessaMagos) informed me that next year will be the 10 yr anniversary of my first release.  
      
    that feels so surreal.
    
    ![](https://pbs.twimg.com/ext_tw_video_thumb/1693991938150793217/pu/img/oDG16ZWkaKNh_Pgn.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 79](https://twitter.com/Verite/status/1693992165238833661)[
    
    9:22 AM • Aug 22, 2023
    
    ](https://twitter.com/Verite/status/1693992165238833661)
    

* * *

![](https://storage.googleapis.com/papyrus_images/f3805fc0ff49d33fbd6a390e8e65a94b111ba44c68a700c21d48a8cdc47a4562.jpg)

Thank you to our sponsor [Sound](https://www.sound.xyz/).

Sound is a leading market to discover amazing new music and prove that you were there first.

Start collecting on Sound today at sound.xyz.

* * *

Join The Community
------------------

Invest in Music is free to subscribe and powered by [NFT Now](https://nftnow.com/).

Collect the [Invest in Music Pass](https://market.investinmusic.xyz/) and join the [Collector Cha**t**](https://guild.xyz/invinmusic)**.**

**Listen and Watch:** [Spinamp](https://app.spinamp.xyz/artist/ethereum0x53B707cF1E7B576d365f9b0B003156315ba34e38-1678917011000) | [YouTube](https://www.youtube.com/@invinmusic)

**Follow:** [Twitter](https://twitter.com/invinmusic) | [Instagram](https://www.instagram.com/invinmusic/) | [TikTok](https://www.tiktok.com/@invinmusic) | [Lens](https://lenster.xyz/u/invinmusic)

* * *

_Disclaimer: The content of this announcement is published in the United States of America and persons who access it agree to do so in accordance with applicable US law. Coop Records Management LLC (“CRM”) is not a wallet provider, exchange, broker, financial institution, money services business, or creditor._

_The Invest in Music podcast, newsletter or other materials from CRM (collectively, “Content”) is for informational purposes only, and should not be construed as legal, tax, investment, financial or other advice. Nothing in this post or in any Content constitutes a solicitation, recommendation, endorsement, or offer by CRM or any third party service provider to buy or sell any securities or financial instruments or products. All Content is information of a general nature and does not address the circumstances of any particular individual or entity. CRM is not a fiduciary by virtue of any person’s use of or access to Content. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of Content before making any decisions based on such Content._

_You should not treat any opinion expressed by Cooper Turley or others with respect to the Content as a specific inducement to make a particular NFT purchase or follow a particular strategy, but only as an expression of opinion. Before acting on information based on the Content, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own legal, tax, investment, financial or other advisors. CRM or its affiliates or clients may, directly or indirectly, have a financial interest in Content discussed._

---

*Originally published on [Invest in Music](https://paragraph.com/@investinmusic-2/what-is-the-value-of-music)*
