This Week in Music NFTs - Oct 31

Presave NFTs. Should Music NFTs contain music? Another full drop calendar complimented by my collector thesis.

There were two main topics driving this week’s conversations.

1. Using NFTs to drive Spotify plays

2. Should Music NFTs contain music?

We saw both Showtime and Kids of the Apocalypse launch novel ways to engage collectors to drive Spotify presaves.

One gave you a free NFT, the other entered you into a raffle to get a free NFT.

Regardless - the thesis is that collectors will presave a song to receive something of value.

I’ve seen a few teams exploring this integration, and it seems likely that more and more teams will build products to drive growth outside of web3 using web3 incentives.

Coopahtroopa 🔥_🔥 @Cooopahtroopa

We don't need more web3 tools. We need to make the existing tools easier to use.

We saw a number of thoughts around whether Music NFTs need to contain music.

You can find some reactions here and here.

My opinion is yes - Music NFTs need to contain music.

Otherwise - we’re back to selling merchandise.

The music needs to be at the center of the experience.

As Music NFTs scale, there will be more challenges to enforce proper payouts and make sure all parties and rights-holders are being fairly compensated.

However - thanks to Music NFTs, artists can keep their rights.

Rather than needing to sell masters, artists can sell Music NFTs.

While it’s not 1:1, the ability to seek capital from a new demographic of collectors should change the way artist’s think about retaining their rights, and in turn - allow us to move towards a sovergn area of music.

There’s a saying in web3. Not your keys - not your crypto.

What if the same applied to music?

What if artists retained all their rights, and educated their peers to do the same?

Web3 is less about trying to disrupt the existing system and more about leveraging the parameters and frameworks that exist behind closed doors today.

Anyways - I shared my thoughts about collecting Music NFTs in a post this week.

Here’s how it translates to this week’s drops.

Upcoming Drops

1. LNRZ x DLG - Kung Fu

2. Bloody White - Indigo Dream

3. Pluko - Running Back to You

4. Clear Eyes x Reo Cragun x Kevin George - The Gig is Up

5. SLOE JACK - Wired

6. Ibn Inglor - Danger Zone

7. Caye - Some Lakes

8. Sound Fractures - Vulnerable

9. HENO - Flowers

10. Daz Merchant - Ghost

Genesis Drops

1. Konde Oko - Plan A

2. HeyBela - Pa’ esto naci

3. Dave B - White Paint

4. Kabuki - From Beyond

5. FUTRxLGND - Whistle While You Hurt

Freshly Minted

1. Angelbaby - All Gold Spaceship

2. Grady - Change a Thing

3. Mija - Mind Control

4. Yunice - Under My Skin

5. LNRZ - Vaarwell - IDK

6. RŌHKI - KA

7. Lyrah - In the Leaves

8. Alec King - I Don’t Wanna Stay Awake

9. Kevin George - U & I

10. Daz Merchant - Medicine (feat. Reo Cragun)

Listen to Freshly Minted on Spinamp

Top Stories

Catalog Announces Cycle 2 Curators

Catalog shares their second round of curators to onboard new artists.

Catalog 💽 @catalogworks

Today we're thrilled to announce Cycle 2 contributing curators: @TheAfricaFM @colomborkrdz @Dutchmassive @pandelic @afuturemodern @lnrzdao @steph_guerrero @thepark @WaanaMusic @Yahzarah Starting today through Nov 20th, these 10 curators can onboard up to four artists each 🪄

0xSplits Launches Liquid Splits

0xSplits announces a new feature to turn royalties into transferable NFTs.

0xSplits @0xSplits

🆕 Launch your own Liquid Splits! Liquid Splits use NFTs to make ownership in a Split transferrable. Each NFT holder gets their corresponding share of the Split. Starting today you can create them in the app - try it out at split.new 0xsplits.mirror.xyz/vTrce7rS1odZPO…

KoTA Debuts Presave Tool with HeyMint

Collectors can presave new KOTA single for allowlist.

Kids Of The Apocalypse @KOTAworldwide

🔊INTRODUCING 𝐏𝐑𝟑𝐒𝐀𝐕𝐄 – a first of its kind Spotify-presave-for-allowlist tool💡 PR3SAVE debuts with our upcoming 𝙋𝙍𝘼𝙔 𝙁𝙊𝙍 𝙐𝙎 mint – KOTA’s second single + debut video ft. @ReoCragun 📼 In partnership with @heymintxyz + @Featurefm 🤝 Why does it matter? ↓🧵

Showtime Launches Music Drops

Showtime debuts a new feature to earn NFTs for presaving on Spotify

Showtime: Music Drops 🎵 @Showtime_xyz

𝙄𝙣𝙩𝙧𝙤𝙙𝙪𝙘𝙞𝙣𝙜 ✦ 𝙈𝙪𝙨𝙞𝙘 𝘿𝙧𝙤𝙥 ✦ 𝙗𝙮 𝙎𝙝𝙤𝙬𝙩𝙞𝙢𝙚 Thanks to our brand new @Spotify integration, get your music listeners to collect your digital collectibles. To claim her Music Drop, save @Ameet_Kanon's song to your library. It's free, claim link below 👇

Queen George @Ameet_Kanon

Announcing MUSIC DROP: a free collectible on Showtime where people save my song to their Spotify library in order to get the drop. This helps me grow & gets me 1 step closer to stadiums. I'm so excited to be a part of the magic of web3. Claim to be a part of history.✦ -Ameet/QG https://t.co/AN0HRzesZh

Coop Records Collector Thesis

We shared thoughts on how we think about collecting Music NFTs

Coop Records @cooprecordsxyz

How we think about collecting Music NFTs 🔽 coopahtroopa.mirror.xyz/txEEGL6xzKWWvv…

coopahtroopa.mirror.xyzCoop Records Music NFT Collector ThesisHow we think about collecting Music NFTs at Coop Records.

Bonus Reads

1. Anthony on Major Labels

2. Violetta Zironi Web3 Only

3. Bonfire Season 4

4. Iman on Paying Artists

5. Heno on Social Impact

6. Henry on Music NFTs

7. Ben Brown Web3 Playbook

---

This Week in Music NFTs is free to subscribe!