This Week in Music NFTs - Oct 17

Reflections from Devcon. Another jam packed week of drops. Stories from Mike Shinoda, Daniel Allan and Angelbaby.

Coopahtroopa

Oct 17, 2022

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.

musicben.eth 🎧 @_Kaspar__

All of the top 6 artists on Sound in the last month are also active collectors. Supporting each other definitely seems to be one factor for success in web3. (A similar trend happens in nft art and photography)

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.

Coopahtroopa 🔥_🔥 @Cooopahtroopa

Surround yourself with people who are great at what they do.

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.

Upcoming Drops

Genesis Drops

New section featuring artists dropping for the first time on Sound.

Freshly Minted

Listen to Freshly Minted tracks on Spinamp.

Top Stories

.RECORDS Launches Music Domains

Artists claim a new wave of domains ending in .records.

.RECORDS @______RECORDS

Introducing .RECORDS — A new genre of domains. 💿 records.domains

Daniel Allan Signs to CAA

Leading web3 artist Daniel Allan signs to CAA.

Daniel Allan @imdanielallan

Told myself I’d sign to CAA the day I moved to LA almost 3 years ago Let’s run it up @philquist @TheJRodrigues 🤝 deadline.com/2022/10/daniel…

deadline.comNFT Music Star Daniel Allan Signs With CAAEXCLUSIVE: Musician and web3 artist Daniel Allan has signed with CAA. The Boston University grad crowdfunded the EP Overstimulated in 2021 after discovering during the pandemic that he could make m…

Hume Collectors Vote on Angelbaby Song & Supply

Hume Genesis Holders vote on the track and supply for the next Angelbaby single.

angelbaby3045.eth 🌐 @angelbaby

all gold spaceship with my boy @GinoTheGhost will be my next track 🚀 i gave my fans the power to choose my next web3 release and the humies never disappoint ✌️🌐 bringing u all together in the spot was incredible. i luv u all 🖤

Mike Shinoda Partners with Secret Garden on Windchimes

Mike’s debut ETH collection sells out in partnership with Secret Garden.

Mike Shinoda @mikeshinoda

Tomorrow I’ll be chatting with @MagicEden and @Cooopahtroopa about Windchime + music + web3 Join us ⬇️ https://t.co/qGGLOxIlKc

Sound Crosses 4k Unique Collectors

More than 4,000 unique addresses have collected a Music NFT on Sound.

sound.xyz (🎧,🎧) @soundxyz_

gm. 4,000 unique collectors have supported the incredible artists on Sound. We're just getting started 🎧

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