You fit the Criteria.

Daniel & Reo teamed up to sell out 2500 editions on Sound - the largest of any drop on the platform to date.

With activations across Sound, Bonfire, OnCyber, Spinamp and Arpeggi, the drop was hard to miss.

This came with the announcement of two more raises - Bonfire and Decent - both of which shared their recent rounds.

What it’s pointing to is a tipping point for the growing sector.

It’s a running joke that Music NFTs aren’t valuable.

Expect 2023 to flip this narrative on its head.

What started as a small niche pocket is quickly turning into one of the most exciting pockets of web3.

Still - we can’t lose sight of the vision.

Most fans still have no clue Music NFTs exist, nor that they can collect these songs if they wanted to.

It’s a part of a wider conversation around education and making sure artists and collectors are hip to what’s happening on the ground floor.

Expect the next two weeks to be rather quiet as everyone rests up for a big year ahead.

This year has been nothing short of incredible.

Here’s what to watch for this week.

Upcoming Drops

1. Lil Bubble - Dump

2. EDWIN - She Wildin (with DEEGAN)

3. LNRZ x Madelen Duke - Evergreen

4. Charm Taylor - Magnetic

5. Kevin George - What’s the Problem?

6. Charlie Crown - Hurts (feat. Sara Philips)

7. Bloomy - Leamme lone

8. Eva Myra Mae - LikeSo

9. Ibn Inglor - Family Matters

10. Caly Bevier - America

Freshly Minted

1. Daniel Allan x Reo Cragun - Criteria

2. 3LAU - Too Late for Love

3. X&ND - Somebody to Love

4. Marian Hill - you were always sure

5. Reo Cragun - Buck (Mija Remix)

6. Kabeel - Don Jose

7. Cam Murdoch - SONATA

8. DEEGAN - Promo

9. Harry was Here - Wide Eyes (Looking in)

10. Felly - East Side

Listen to Freshly Minted on Spinamp

Top Stories

Daniel Allan & Reo Cragun Criteria Sellout

Criteria grosses 104 ETH across 2500 editions - good for the largest drop in Sound history.

Bonfire Public Launch & $6.2M Raise

Bonfire announces its public launch alongside a $6.2M raise.

Decent Announces $3.5M Seed Round

Decent shares its $3.5M seed round led by Archetype.

Warp Sounds Releases Album Template

Warp Sounds share a CC0 template to mint albums and multi-track projects.

Black Dave Launches Black Dave Token

Your Money. Dave’s ideas. 1M Black Dave Tokens are up for grabs.

Andre O’Shea and LATASHA Sellout Meta Collection

Andre O’Shea teams up with LATASHA, Angel Darmella and Jah for a soldout collection on Meta.

Rae Isla Sells 1000 Music NFTs

Rae Isla sells out her Rocks collection in the middle of a bear market.

MusicAlly Credits Jagwar Twin for Best Use of NFTs in 2022

Hall of Mirrors wins an award in MusicAlly for the best use of NFTs.

Rising Tide 001 in LA

The first Rising Tide event takes place in LA with sets from Daniel Allan, Bloody White and TWERL.

Bonus Reads

1. Jesse Grushack Music NFTs Skepticism

2. Music Ben on his favorite NFT

3. Broke Investor Fresh Mints V5

4. Criteria is Snoop Approved

5. Water & Music DAOversary

6. Austin Hurwtiz Fresh Mint Friday

7. Spinz Favorite Music NFTs

8. Ooh La La Reflection Thread

9. Criteria x Oncyber Virtual Concert

10. Music Ben 5 stories you might have missed

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Disclosure: I am an angel investor in Bonfire and Decent. I project managed Criteria and collected Blake Dave Token and Rae Isla Rocks. I co-hosted Rising Tide and collected many of the drops mentioned in Freshly Minted.

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