abelow Profile picture
Apr 12 โ€ข 14 tweets โ€ข 13 min read
Music NFT types & utility

Let's review

*and other categories around music in web3
EDITIONS

A limited collection of digital assets. Think of it as an extension of the merch table.

๐Ÿ‘‡ Doing it right
@rcrdshp
@soundxyz_
@pianitynft
@ninaprotocol
@melos_studio
1/1

A single edition. Exactly what it sounds like. Maximum scarcity!

๐Ÿ‘‡ Doing it right
@catalogworks
@OneOfNFT
@NFT_MusicMarket (NOIZD)
ROYALTY

Own the rights to your favorite song and collect royalties. Artists take a share of song royalties, divide them up, and sell them as tokens.

๐Ÿ‘‡
@join_royal
@decentxyz
@anotherblock_io

BONUS: My ๐Ÿงต on royalty-sales in Web3 vs Web2
CREATOR TOOLS

Creator-facing NFT resources that help artists create on-chain, build their Web3 ecosystem, grow communities, track/split payments, onboard & much more.

๐Ÿ‘‡
@manifoldxyz
@tellie
@arpeggi_labs
@ReveelMusic
@mayk_itapp
COMMUNITY

Participate in a community and earn benefits. Token distribution and benefits vary and may include: governance, financial incentives, exclusive event access, rare NFTs, and more.

๐Ÿ‘‡ Doing it right
@rally_io
@iamchillpill
@songcamp_
@afterparty
STREAMING/RADIO

Decentralized music listening services, bots, generative beats, curated playlists and more that often employ listen-to-earn.

๐Ÿ‘‡
@AudiusProject
@myx_it
@Releap_IO
@RockiApp
@future_tape is a listening layer for MNFTs from varied platforms
TICKETING

Authentication and future access-granting baked in. A possible solution to ticket fraud and exorbitant secondary sale fees.

Airdrop fans who were at a show the live set?
See an artist 10x and unlock free merch?

๐Ÿ‘‡
@YellowheartNFT
@Centaurify
@Gutstickets
GENERATIVE

Algorithmic music, art, and more that recombine a predefined set of elements into unique AI-generated creations. Many projects include audio and visual components.

๐Ÿ‘‡
@AsyncArt
@PixelBandsNFT
@eulerbeats
@soundmintxyz
@warpsound_ai
LABELS

Record labels that are redefining what that term means for music in web3. These may be decentralized autonomous organizations (DAOs) or minting releases as NFTs.

๐Ÿ‘‡ Doing it right
@goodkarmadao
@DAOrecords_
@dreamsnevrdie
@StemsDAO
@Bitwax_
GRANTS

Funding opportunities for artists and their web3 projects.

๐Ÿ‘‡
@musicfundnft
@musicmachinenft
@audiogrants (new season opening now)
RESEARCH & ANALYTICS

Learn more about Music NFTs, discover meaningful projects, understand what's next, and stay up to date.

๐Ÿ‘‡
@water_and_music (an incredible community)
@phlote
@dopr_ai
Let me know what Music NFT utilities or platforms I missed.

The most exciting part of the MNFT space is we are just barely scratching the surface of how we can make the artist and fan experience better.

#MusicNFTS #nfts #musicnft #nftcommunity #web3 #nftmusic
For a mapping of the Music NFT ecosystem:
app.dopr.xyz/nft-directory

To get access to the best discovery and valuation tools for music in web3, sign up for the @dopr_ai waitlist.

dopr.xyz

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More from @AbelowRob

Mar 29
Last year, one of my artists sold the streaming rights to a portion of their catalog for hundreds of thousands of dollars.

It was a mistake.

This is why. ๐Ÿ‘‡
Selling the rights wasn't the mistake. That money in their pocket was a game-changer for an indie artist.

It's about HOW we sold the streaming rights. I was still using my music 2.0 brain.

Web2 ๐Ÿ‘‰ sell to one company
Web3 ๐Ÿ‘‰ share with many collectors

Let's compare.
THE BUYER

We sold to a large, respected indie label.

But, that company won't do anything other than collect checks every month.

We could have made our fans our partners.
Read 11 tweets

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