This Week in Music NFTs - Nov 14
Sound Playlists. HedsTAPE 10. The Vault. Commentary on Music NFTs as a differentiated asset class.
Market are crashing.
Music NFTs are ripping.
Despite what many people are calling the worst week in crypto, Music NFTs are quietly chugging along.
The continued pace and progresses of the niche sector suggests that maybe this pocket of web3 is uncorrelated from the FTX meltdown.
It’s my belief that over the next two years, we will continue to see consumer-facing crypto products differentiate themselves from the rest of the market.
While everything is obviously interconnected, I mean to suggest that most Music NFT collectors are materially different users than those who are trading with leverage on FTX.
We saw multiple drops sell out in the first minute this week, including during the peak hysteria on Tuesday.
Daniel Allan saw a major floor sweep this week.
Hamburglar shared some amazing insights into his passion for collecting being based in Asia.
At the end of the day - this sector is bigger than any one artist, collector or founder.
It’s a positive sum game, and we’re still in the early innings.
If one thing is for sure - the energy around Music NFTs today feel a lot like the energy that preceded DeFi Summer in 2019.
Stay locked in, we’re just getting started.
Upcoming Drops
Genesis Drops
Freshly Minted
Listen to Freshly Minted on Spinamp
Top Stories
Sound Launches Playlists
Sound debuts a new way to share songs.
Heds Announces HedsTAPE 10
Heds collabs with Sound and Ramzoid for HedsTAPE 10
Mint Launches the Vault
Adam Levy premiers a series of unreleased blog post through the Vault
0xStems Shares a Project Update
0xStems shares their first update since winning the FWB hackathon.
Violetta Zironi Sells Out Gypsy Heart Passes
Rising web3 artist Violetta Zironi mints out her latest collection.
Sound Crosses 5k Unique Collectors
More than 5k addresses have collected a Music NFT on Sound.
Decent Integrates DALLE
Decent launches an AI art integration.
Bonus Reads
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