Free to listen. Valuable to collect.
There was a lot of debate this week around Music NFT aggregators.
In short - many artists were unaware that their music was automatically populating on aggregators like Oh La La, Spinamp and FutureTape. You can find the full 5 hour conversation here.
There was a smaller conversation around compensation around these plays, but more importantly - the focus was that artists should always be in control of where their music is being distributed.
Here’s my take.
Aggregators are extremely valuable.
Just look at DeFi projects like 1inch, Balancer or Yearn. Connecting liquidity to offer the best rate(s) possible benefits the end user.
I would argue music is no different. The more exposure an NFT gets, the higher likelihood it is that someone collects.
Very soon - I expect aggregators to allow listeners to collect directly in-app - creating the end-to-end experience Music NFTs have been missing.
After all - it’s about the relationship with the music, not how many plays it gets.
To this end, I’m proud to be starting an event series in LA called Rising Tide.
It’s meant to spotlight emerging artists and create a space to discover new music - beyond the tech.
If you haven’t already - smash that RSVP.
This Wednesday is going to feature a lineup of artists that very much fit the criteria.
Speaking of which - Criteria.
2500 editions (Sound’s largest collection to date) from Daniel Allan and Reo Cragun - two web3 powerhouses.
Time to take web3 music to the next level.
See you out there.
Two leading artists in web3 debut a 2500 edition collection - Criteria.
Sound drops a mixtape to celebrate its first year of existence.
I’m launching an event series for emerging artists in LA
A big conversation breaks out around music aggregators.
Decent shares learning from its first year.
Reo Cragun’s remix contest kicks off a wave of Framework remixes.
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Disclosure: I am an investor in Sound, Decent and Apreggi. I am a co-host of Rising Tide. I am a project manager of Criteria. I am a collector of most of the artists mentioned in Freshly Minted.