BlockchainBrett
@web3brett
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Investing in Consumer Crypto @PalmTreeCrypto Music NFTs: Crypto Art: Author: @consume_crypto
Miami Beach, FL
Joined November 2018
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Pinned Tweet
The State of Consumer Crypto.
What’s Consumer Crypto? Whats the state of it? Whats to look forward to?
The future of the internet will be constructed on permissionless infrastructure, using smart contracts, and owning digital objects online, using NFTs.
Here's our latest post:
Here's our latest post 'The State of Consumer Crypto.'
"The future of the internet will be constructed on permissionless infrastructure, using smart contracts, and owning digital objects online, using NFTs."
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Music NFTs GMI!
We are in the early innings of a Music NFT movement!
This thread/article covers what they are, what they entitle buyers to, how they’re valued, and the current players making it happen.
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Music NFTs will be 100x+ bigger market than Crypto Art.
Music is the most widely created, distributed, consumed, and social type of content / art.
It’s just taking a bit longer because we’re not used to valuing music like this yet.
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I don't think people realize that
@SnoopDogg
just released a Music NFT.
He just jumped right into our little space of like $4m volume of Music NFTs and did it.
And it sold out immediately. 🙏
@soundxyz_
This is crazy. Music NFTs GMI.
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I'm bullish on dope independent musicians getting into Music NFTs! hmu.
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'The Crypto Creator Economy'
Crypto is laying down the foundation for the future of the Creator Economy.
The Crypto Creator Economy shifts the principles and industry value back to the creator.
This is the first writing of the
@CreatorsGMI
newsletter and a Writing NFT.
🧵
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Working with Palm Tree Crew (
@ManagerMyles
&
@KygoMusic
) as a strategic partner in the crypto space to invest and bridge influencers
#NFTs
🤝💸
Looking for a VC analyst to get in on the ground floor 👀
DMs are open!
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Im going to throw a music nft event for nft nyc just so I can see all my fav crypto musicians perform
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The ideal record label is the artist and their community.
Let’s embrace Musician DAOs!
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Music NFTs give musicians full creative freedom.
Musicians put out their music how they want, when they want, and whichever music they want to the most.
And the Music is valued directly.
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Music NFTs value music directly, not per stream.
2022 is the year of Music NFTs!
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10k followers!!! Thank you for the support! ❤️
Here's a bold prediction to celebrate:
Musician DAOs will hold Music NFTs and their Community tokens will be worth billions. Music will be properly valued!
Happy holidays!
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Aaaand we did it! Music NFT Movement event at NFT NYC next Thursday.
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Watch out for Creator DAOs!
A Creator DAO is an artist created set of Tokens that own and govern an artist's treasury of their NFTs and its sale proceeds.
Example: Musician releases Music NFTs held by the DAO treasury and Music NFT proceeds accrue to the treasury.
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I’ve kept my punk as my PFP for over a year. And I usually buy new projects low and years before they become popular.
CC0 NFTs are very early. Nouns are the heart of the movement.
This wasn’t a small purchase but early in the grand scheme of how CC0 is changing the landscape.
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The Music NFT space will move towards music being free to distribute, sample, and remix.
Over time all the value to the artist is in the Music NFT and its primary and secondary sales.
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Traditional Art industry = ~$65B /year market
The Music industry = ~$30B /year market
Music is the most consumed media type in the world (Spotify, TikTok, Music Festivals).
Music NFTs value Music directly like Art and will unlock significantly more value for the industry.
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Get ready for the metaverse music superstars.
They'll be using NFT PFP characters.
They'll be natively releasing their music as Music NFTs.
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NFTs are a huge unlock for Music.
There's now no cap to what Music can be worth.
Music NFTs value the music directly and there's a new type of royalty, from resales.
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The Music NFT space should move towards Listening Before Minting. Fans should listen to the music, love it, then mint it.
Historically we've expected collectors to buy the song without listening or exclusive listening to existing collector bases.
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Bought a bunch of Donda 2 stem players because it was the closest I could get to Kanye Music NFTs.
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Don’t sleep on Music NFTs. We’re about to change the way value of music is perceived and empower the artists
New
@catalogworks
record 🚨
A bunch of rare .wav connoisseurs just collected
@whoinvitedgrady
debut album "The Love Umbrella" for 8.1 ETH.
That's ~$30k or close to 10M Spotify streams.
The future of music is now.
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Art has historically been valued directly by collectors.
Digital Art became valued directly thanks to NFTs.
Music is valued by tech companies and record labels.
Music NFTs is making Music valued directly by collectors.
That's the Alpha. People love and value Music directly.
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2000/ 5000 packs📦have minted for CHAOS packs at .2 ETH per pack. ~400 ETH, or ~ $800k.
That's the most Music NFTs ever sold. And during the bear market.
441 packs have been opened resulting in 1764 Songs💽 minted.
Only 7 packs and 30 songs are listed.
Very bullish CHAOS 🔥
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Music NFT Movement.
June 20th. Bowery Electric.
@imdanielallan
@ReoCragun
@headless_chaos
@salemilese
@aleckingmusic
@cleareyesmusic_
Co-hosted with
@Cooopahtroopa
🤝
Priority RSVP for Music NFT Holders.
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Daniel Allan Overstimulated EP drop. 100 editions. 10 ETH in 1 min.
Congrats
@imdanielallan
@soundxyz_
🎉
Huge moment in Music NFTs and Musician DAOs. Daniel Allan DAO is working! and your community of $OVERSTIM holders loves you and your music.
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All this talk about Artist membership passes.
Artists should just release their Art as NFTs.
You can always add “utility” to any NFTs.
I’d rather hold a NFT of the core creations of an Artist that later adds Utility.
I don't expect utility, the Art and Artist are plenty.
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Content NFTs
- Crypto Art
- Music NFTs
- Video NFTs
- Writing NFTs
- Podcast NFTs
- TV NFTs
- Film NFTs
All Content is coming onchain and will be a foundationally new business model for the Creator Economy.
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The best way to get into Music NFTs is to listen to the Music NFTs.
Start here:
@catalogworks
@soundxyz_
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Music NFT platform
@catalogworks
has ~$1M+ in sales and ~140 unique collectors
Art NFT platform
@SuperRare
has $180M+ in sales and 4K+ unique collectors
Music NFTs are just getting started!
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Releasing Music NFTs is like releasing Art.
The released songs should feel like the most valuable they can be to the artist.
It's like painters creating masterpieces.
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This Music Video NFT just sold for 11.11 ETH (~$50k)
All content is moving onto NFTs. Video NFTs are next too!
Watch out for
@GlassProtocol
👀
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The future of communities is DAOs
Musicians will form communities around themselves as DAOs that hold all their Music NFTs
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The Music NFT space is growing!
@soundxyz_
launched with
@oshimakesmusic
and sold out in 2 mins!
I couldn’t get one in time so I bought on secondary!
Congrats on a resale on the first day 🎊
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Music NFTs GMI
Just on
@soundxyz_
alone:
$4M in paid mints
137K editions minted on mainnet
1.06M editions minted on optimism
+35K editions minted on base
285K paid for editions minted
1.33K artists
878K collectors
+ all the minting over at
@ourZORA
and
@catalogworks
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Music NFTs are also collectible and generative Music NFT projects.
@BeatFoundryNFTs
@artblocks_io
-
@Ze_blocks
Unigrids and Beatboxes,
@dadabots
Bytebeats
@braindrops_art
-
@dadabots
Fake Feelings
@_deafbeef
@warpsound_ai
@songadaymann
@soundmintxyz
@RELICSxyz
@PixelBandsNFT
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In a Twitter space with
@SnoopDogg
about to buy his Music NFTs.
What a time! Music NFTs GMI.
@soundxyz_
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NFTs are an asset in a DAO treasury
DAOs will continue to focus more on accruing NFTs that are content (art, music, etc) as an asset in the treasury
And audiences will be built around the DAO as token holders that have upside in the NFTs and the creators of the content NFTs
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82 Music NFTs, 4hrs 20mins 😜
@fascinated
’s music player on top of
@soundxyz_
@catalogworks
.
Sounds different when you own them!
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Creation
@catalogworks
- 1/1 Music NFTs
@soundxyz_
- Music NFTs + fan memberships
@join_royal
- tokenized royalties
@ourZORA
- OG 1/1 music NFTs, protocol under catalog
@mintsongs
- high volume, low price music NFT editions
@AsyncArt
- luxury, highly complex Music NFTs
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There's nothing like a fresh unreleased song as a Music NFT.
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Just when you thought the NFT Music Movement event couldnt get any cooler... introducing
@CallMeLatasha
into the lineup! LFG!
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Great music will take Music NFTs mainstream.
People will listen to Music, love the song and artist, then realize they can value the Music directly and have ownership in the Artists journey.
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Music NFTs for family and friends this holiday season!
NFTs as gifts are usually the most fun and appreciative reactions.
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Songcamp's Chaos is the most exciting NFT project yet in Music NFTs.
It's the first DAO of artists to launch a headless band; a group of musicians, visual artists, operators, and economists operating under one Musician brand, CHAOS.
Minting June 3.
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Communities will coordinate around Music NFTs
We’re already seeing it with music creator DAOs
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buying music nfts makes me feel like buying crypto art in the early days
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The social layer on top of crypto is going to be so much more powerful and meaningful than the current web2 social layers.
NFTs, DAOs, Social Tokens are showing off ownership in communities and relationships on a much deeper level than a like or retweet.
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Putting on this Music NFT Movement event during NFT NYC so people can really feel the movement IRL.
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Great article on the Music NFT space on
@TIME
by
@andrewrchow
!
Music NFTs are just getting started and it will change the music industry.
...and thanks for mentioning me!
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The Music NFT Movement event was incredible!
Unprecedented levels of energy from all angles of Artists, Collectors, Founders, and Investors all building in the Music NFT and greater Crypto Creator Economy space.
The live performances were unbelievable!
cc:
@Cooopahtroopa
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First NFT gated Music Festival
@afterparty
✅
Access was gated by NFTs.
Crypto Art on display during live sets.
Unbelievable start to a long-term Festival. The Talent, the Attendees, and the NFTs displayed were all super high quality!
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Generative Music NFTs are very early.
Just like how Cryptopunks, Bored Apes, Artblocks, etc. created massive markets adjacent to Crypto Art.
Leading Music NFT musicians are embracing it.
@BeatFoundryNFTs
did a drop with
@oshimakesmusic
and
@imdanielallan
is up next!
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What's the "utility" that's going to take Music NFTs mainstream?
Bangers! Keep bringing the heat all you Music NFT artists.
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Been reading the
@forefront__
newsletter since the start of the crypto creator economy over a year ago
So cool to have my
@viamirror
article on Music NFTs featured in the latest newsletter!
Thank you 🙏 and to more content soon
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Web3 social is emerging
- Group Buying, like crowdfunding or buying NFTs together
@viamirror
@prtyDAO
@CastleLinkHQ
@koopxyz
@prysm_xyz
- Showing onchain relationships, like transacting together or holding the same NFTs
@context
@GALLERY
@onceupongg
@gmdotxyz
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What’s even better than a membership pass for creators?
Art.
Keep making Art (art, music, etc) and releasing NFTs and your community will continue to grow.
Art is utility.
Can always add more community features and experiences to the art NFTs if you want to too.
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Crypto has so many powerful community tools.
Communities built around Musicians will give their music the value it deserves.
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Congrats
@Coldie
! will still remain one of my fav pieces after leaving my collection ❤️ The Decentral Eyes series is as OG as OG crypto art gets!
💎 Kitty - Decentral Eyes 💎
✨ Artwork by
@Coldie
💰 Sold to
@StarryNight_Cap
for 100.0 ETH ($301,001.00)
$RARE
#cryptoart
#NFT
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Listening to Music NFTs hits different
The distribution layer of Music NFTs is going to be incredible. Music is meant to be consumed.
One of the first music nft players by
@fascinated
, filtered to listen to my collection!
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Yea sex is great but there’s nothing like hearing your music NFT played live.
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GM NFT NYC! Music NFT Movement is tonight!
Approximate set times:
9:
@jzstern
(DJ Set)
10:
@matthewchaim
10:30:
@CallMeLatasha
11:
@benkesslermusic
11:30:
@Verite
11:45:
@imdanielallan
12:15:
@cleareyesmusic_
(DJ Set)
1:15:
@cleareyesmusic_
&
@jzstern
B2B (DJ Set)
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So honored to be on the NFT100 list!
@nftnow
has played such a major role in the NFT space and it’s culture.
NFTs impact on the Creator Economy is just getting started.
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Was just listening to
@sophiaalexa
's Music NFT on the
@songcamp_
Monday heartbeat call using
@club_______bpm
's music player and then had to place a bid on it on
@catalogworks
.
There are layers to Music NFTs.
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Engagement & Curation
@AudiusProject
- First crypto music app. Built a Solana based engagement system.
@yup_io
- Curation protocol that users rate any NFT which rewards the users and the NFT directly
@rara_social
- Engagement protocol that lets users spend $RA towards any NFTs
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Taking small steps of success adds up to massive wins.
That first crypto purchase, NFT purchase, DAO joined, NFT created, community created.
Jump in head first! Learn by doing.
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Content NFTs this week:
Music NFTs. 1048 NFTs minted, 70 ETH+ sales on
@soundxyz_
Podcast NFTs.
@banklessHQ
100 editions, 5 ETH
Video NFTs. 200 SOL+ on
@glassprotocol
Livestream NFTs. First Livestream NFT minted on
@koopxyz
Writing NFTs. 15k NFTs minted on
@viamirror
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Insane moment for Music NFTs!
@KygoMusic
and
@RyanTedder
team up with their
@BoredApeYC
's to make the
@boredbrothers_
band and release the first single as a Music NFT on
@soundxyz_
.
Gm. Releasing DRIP, the first song by
@boredbrothers_
, my joint project with
@RyanTedder
using both of our apes.
Dropping on
@soundxyz_
on 4/22 at 5 PM EST
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Much love to the top collectors!
@Cooopahtroopa
@studionouveau_
@shayne_coplan
@jonitzler
@buddha0x
@kryptomaniak5
@noisedao
@YungRajBeats
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Communities
@songcamp_
- First crypto x music DAO
@water_and_music
- Research and writing community
Rare .Wav Connoisseurs - Exclusive Music NFT club
@goodkarmadao
- Crypto native music label
@dreamsnevrdie
- Existing music record label going crypto
@teamphlote
@tinymixtapes
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.
@boredbrothers_
are Music NFT artists!
-
@KygoMusic
&
@RyanTedder
Bored Apes as a metaverse band
- First Single, DRIP, released exclusively as a Music NFT and sold out on
@soundxyz_
- 30+ BAYC holders bought
- Top 7 artist on Sound already
- Streaming & Music Video coming
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A major step towards a building block of a new music production system
Imagine permissionless remixes, sampling, etc. that drives back value on chain to the original NFTs and creators
Now open your eyes 👀
Accepting Submissions for The World’s First On-Chain CC0 Sample Library
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Questions in 2018 about Crypto Art:
- Can Digital Art be valuable if it's not physical?
- If anyone can see it why is it valuable to own ("right click save as")?
Qs in 2022 about Music NFTs:
- Can Digital Music be valuable?
- If anyone can listen to it is it valuable to own?
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So... Music NFTs GMI
If you’re reading this, it’s clear you’ve taken an interest in the future of Music NFTs.
I’ll be posting more regular content about Music NFTs and the emerging sector as I invest out of the Palm Tree Crew Crypto fund in the coming year.
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3rd Annual MUSIC NFT MOVEMENT during NFT NYC!
Co-hosted with
@cooprecords
🤝
We've got an amazing lineup!
@imdanielallan
@cleareyesmusic_
@dotmvsic
And the best partners💚
@lnrzxyz
@soundxyz_
@noisedao
@zerion
RSVP here:
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For the Creators in Crypto:
Your NFTs are your DAO.
Your Art is your Treasury.
The Experiences are your Utility.
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