This Week in Music NFTs - May 9

Music NFT Summer is right around the corner. Here's what to watch out for.

May 09, 2022

Music NFT Summer is coming.

Despite a violent week in the wider crypto market, Music NFT projects are gearing up for their most ambitious mints to date.

Over the next few weeks, we’re going to see if Music NFTs have what it takes to weather a turbulent market.

I took to Twitter to find out - what needs to change for the everyday NFT buyer to give Music NFTs a shot?

Coopahtroopa 🔴_🔴 @Cooopahtroopa

What needs to improve for you to start collecting Music NFTs?

The most well-received answer? Visibility.

In the same way we put our avatar NFT as our profile picture on Twitter, Music NFTs are still lacking that same experience.

Music players are starting to come along, but we’ve still got a ways to go before the way to “flex” your Music NFT takes form.

Until then - be on the lookout for a suite of Music NFT Twitter spaces to unpack this problem.

I’ll be speaking with DCLBlogger today, Afterparty on Wednesday and Fhoto and Friends on Friday.

Matty @DCLBlogger

WTF are music NFTs? - Twitter Spaces. Let’s chat about the industry with @Cooopahtroopa, @Darlington and anyone that wants to learn! 6pm EST Monday 3pm PST Monday 8am Melb Tuesday https://t.co/T7NmugouWT

The topic of conversation? You guessed it.

Music NFTs.

Farokh @farokh

Music NFTs.

Upcoming Drops

Freshly Minted

Artist Spotlight - RŌHKI

The web3-native artist project RŌHKI is gearing up for their debut single next Monday - May 16th.

RŌHKI @rohkiofficial

wen mint?

The outer-worldly duo between IO and Hachi has been the subject of conversation since selling out their Genesis Key in less than an hour after a stealth launch.

One pass through rohki.xyz and it’s clear that the caliber or time, care and attention going into the project rivals anything the Music NFT sector has seen thus far.

RŌHKI @rohkiofficial

...buffering...

With a fully immersive music video set to break the first episode - Desperado - this project is definitely worth paying close attention to in the coming weeks.

Top Stories

Water & Music 2021 Music NFT Sales Report

Water & Music shares 51 slides on Music NFT sales.

Water & Music @water_and_music

over the last month, 20+ contributors in our community came together to analyze music NFT market trends by genre, label, platform/protocol, utility, + more, covering $86M+ in primary sales. here's the result — a 51-slide deck + longform report, for FREE:

docs.google.com2021 MUSIC NFT SALES ANALYSIS || WATER & MUSIC

Sound Announces Range Editions

Sound shares a new drop mechanic to better gauge collector demand.

sound.xyz (🎧,🎧) @soundxyz_

Announcing a new drop format: Range Editions. ❌ Fixed editions: artists are forced to predict the perfect quantity ❌ Open editions: max upside for artists but eliminates scarcity ✅ Range editions: flexibility for the artist while maintaining scarcity Here’s how it works 👇

Unchained Covers Music NFTs

RAC and David Greenstein join Unchained for a chat on Music NFTs.

Laura Shin @laurashin

. @RAC and @dgreenstein1 joined me on the latest @Unchained_pod! → buff.ly/3s8mHG1 Topics: *why the traditional music industry’s biz model isn't artist-friendly *how @soundxyz_ helps artists unlock their fanbase *using blockchain to reboot the music economy