This Week in Music NFTs - Nov 21

Royal, Heds and Podcast NFTs. Sound Lounge and Koop Livestreams. Commentary on how I run the newsletter.

The best music will win.

I received a lot of merited feedback about the way I run this newsletter last week - here’s a few items I’d like to remind everyone.

1. This newsletter does not cover everything happening in web3 music.

2. These are my personal recommendations.

3. I’m a collector, investor or advisor to just about every project (and most artists) mentioned every week.

My intent is to guide someone who has very little time to the most important news and events of the past week.

When I recommend drops - I choose to highlight those which I believe will see the most demand.

Drops with the most demand have the highest likelihood of having a secondary market.

Readers being able to go from passive listeners to active collectors is my primary focus.

While it’s optimistic to think people will collect purely to support the artist, most people just want to make money.

In order for Music NFTs to work, there needs to be a two-sided economy.

One in which artists are thriving from their collectors, and one in which collectors are thriving from the songs they collect.

Coopahtroopa 🔥_🔥 @Cooopahtroopa

The energy around Music NFTs today feels a lot like the energy that preceded DeFi Summer in 2019.

Lately I’ve felt like this resource has been taken for granted.

This is a free newsletter, and I do it because I love this sector and all the artists and music coming out of it.

The reality is - most people don’t care about Music NFTs.

Most people think NFTs are dead.

I - for one - think exactly the opposite. I have never felt more passionate about what’s happening in web3 music and I think it will be the trojan horse that starts the next bull market.

Keep in mind that what you read here and what you see me collect is a fraction of what I spend time on behind the scenes.

I’m trying to figure it all out - the same as you.

I definitely don’t have the answers, and I certainly don’t pretend to.

To those who have read this each and every week - thank you for your support. I don’t take your time for granted and I hope this has been a valuable resource.

We’re in the early innings and I look forward to being the driving force of the next wave of culture - together.

Here’s what I recommend watching this week.

Upcoming Drops

1. Clear Eyes - BULLS ON PARADE (with Reo, Iman and Lackhoney)

2. LNRZ - Johan Lenox - Twilight

3. Kevin George - Holy Matrimony

4. DLG - Wishful Thinking

5. Edwin - Silent

6. Daz Merchant - Fever Crowdfund

7. Elle Vee - Into Dust

8. DNMO - Teardrop

9. Valentina Cy - I Like Your Heart

10. Lackhoney - Fakeout

11. Matt Cooper - Something Beautiful

Sound Genesis Drops

1. Contradash - Save Yourself First

2. Sammy Ariaga - WTH

3. Ryan Hall - Friends

4. FINKEL - Snowglobe

5. Emma Miller - In the Smoke

Freshly Minted

1. Bankless SBF Podcast NFT

2. Annika Rose - In My Head

3. Reo Cragun - Monsters at Bay

4. Kevin George x Glasstempo - What You Like

5. Mija x Mark Evans - No Matter What I Do

6. Sound of Fractures - Traces

7. MajorWAV - Blue Moon

8. Ari Riveria - 5664 Fair Ave

9. Nik Bean - The Trip

10. SpottieWIFI x Tower Records

Top Stories

Royal Debuts New Marketplace

Royal releases their new marketplace for music rights.

royal @join_royal

Introducing the next phase of Royal: the music rights marketplace we've set out to build since day 1. Buy and sell music, all in one place. royal.io

HedsDAO Raises $2.5M Seed Round

Heds raises $2.5M ahead of their upcoming HedsTAPE 10 with Ramzoid.

heds @hedsDAO

Heds represent the future of collaborative curation and artist discovery. We’ve released 9 HedsTAPES featuring: 54 artists 85 ETH 684 tapes 183 wallets. Today - we’re excited to announce heds inc has raised a $2.5M seed round.

mirror.xyzHeds Raises $2.5M to Foster Collaborative CurationWhat started as a shared vision has led to the creation of the company Heds inc, AKA heds, which we are proud to announce has closed its seed round.

Bankless Mints First Podcast NFT on Sound

Bankless mints their iconic SBF episode as the first podcast on Sound.

Bankmanless @BanklessHQ

SBF was working behind our backs to kill DeFi in DC. Let’s undo some damage. We’re minting the legendary @SBF_FTX vs. @ErikVoorhees debate as a collectible podcast ✨ 100% of ALL proceeds go to @coincenter Actual effective altruism. TOMORROW ⬇️ collectibles.bankless.com

Sound Lounge Takes Over LA

Sound hosts its first LA event headlined by Iman Europe.

iman, the icon. @ImanEurope

our first Sound Lounge Live was one for the books. ✨ on behalf of @soundxyz_, i'd like to thank all of the performers, attendees, and sponsors that made this night so special. we worked really hard on this and i am so proud of how great it turned out! to Music NFTs!🥂

LNRZ Debuts New Drops Format

LNRZ unveils a late-night drop series called You Up?

LNRZ @lnrzdao

LNRZ has a surprise for you. The last 4 weeks proved our curation model to be a wild success; drops went in seconds & unique collectors grew 10x. Now we’re introducing our last segment of the year…which might start tonight 👀 It’s called “You Up?”, here’s some more info👇

Koop Debuts Livestream NFTs with Mija

Mija is the first creator to sell a livestream NFT on Koop as she recaps “Desert Trash”

Koop @koopxyz

We're thrilled to welcome @hi_mija to Koop. At 5:00PM PST she'll stream her entire album front to back on vinyl. If you're a holder, each song will have one small prize winner for anyone in the chat. Mint the event on Koop.xyz. Tune in.

Bonus Reads

1. Rob Abelow 61 Must Follows

2. Broke Investor Fresh Mints

3. Hamburglar Beginners Guide

4. Blockchain Brett on Content NFTs

5. Foobar on Taylor Swift Tickets

6. Songcamp LA Show

7. Sloe Jack NFT Holders

8. AmpyMP3 Must Follows

9. Meek Mill on streams

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This Week in Music NFTs is free to subscribe. Follow me to stay up with the latest!

Disclaimer: I own most of the NFTs mentioned in Freshly Minted. I’m an investor in Sound, Heds, Decent, Zora, Royal and Koop.