Welcome to Web3 Music, your weekly newsletter to the captivating world of music in the realm of Web3!
Here you can read about music news in web3, musicians spotlights & their latest music NFT drops, opportunities for musicians, upcoming music spaces on X, curated content & more!
Let’s get started with today’s newsletter now!
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Contents:
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News
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Opportunities
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Curated Content
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Shooting Star
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Featured Tweet
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News
Beatdapp announced $17 million funding round and a strategic partnership with Universal Music Group.
Beatdapp, a company specializing in detecting music streaming fraud, has secured a fresh $17 million in funding and formed a strategic alliance with Universal Music Group. This announcement coincides with collaborative efforts with SoundExchange and Napster, representing a significant advancement in their mission to tackle the rising issue of streaming fraud. Beatdapp employs cutting-edge technology to analyze extensive datasets and identify fraudulent streams, ensuring fair compensation for artists and rights holders. In 2023, the company analyzed over 2 trillion streams and 20 trillion data points while acquiring pivotal clients. With the new funding, Beatdapp aims to deploy advanced fraud detection models and expand its global presence to meet the escalating market demand for its services.
Violetta Zironi reaches $1.1M in secondary volume.
Violetta Zironi, a singer-songwriter immersed in the Web3 space, has achieved an impressive milestone with $1.1 million in secondary trading volumes for her music NFT and art collection. “Moonshot” is centered around five original songs, complemented by hand-drawn art by her father, Giuseppe, a former Disney illustrator. Featuring 2500 pieces and nine utility tiers, the collection was minted in April 2022. This achievement underscores the growing significance of musicians embracing blockchain technology and NFTs to engage with their audience and monetize their creative works in innovative ways.
Iman Europe announces partnership with NASCAR.
Iman, founder of the Homies DAO and musician in web3, has revealed that they are partnering with NASCAR, marking an exhilarating collaboration for the upcoming NASCAR x AllyRacing event during GRAMMY weekend. 🏎️🏁🏆
Robbie Williams announces concert in Metaverse.
Bybit Exchange has been announced as the Official NFT Marketplace Partner for the upcoming concert in LightCycle City featuring Robbie Williams for his 25th Anniversary celebration. LightCycle City, a hyper-realistic virtual commercial center developed using Unreal Engine 5 and real-time edge rendering, sets the stage for this groundbreaking event. The "Robbie Williams Music Realm Genesis Pass" NFT, a tribute to the legendary artist, is scheduled to debut as the inaugural Launchpad project on Bybit NFT Pro. Through cutting-edge virtual reality technology, attendees will be transported into a fully immersive 3D concert environment, providing a lifelike experience of being present at the live performance. Each of the 1024 NFT tickets boasts unique compositions of elements, ensuring their exclusivity and collectibility.
Adrian Ash teases new web3 music platform Sound Vista and music NFT early passes.
Ash announced that the first 50 individuals who mint Pulses will be granted an early access pass to Sound Vista, a platform he has been developing for the past months. Sound Vista aims to be a hub where music acts as the nucleus, fostering a distinctive environment for the intersection of culture, art, and lifestyle. It endeavors to bring together a worldwide community of progressive minds to honor creativity and enhance varied narratives.
Musica W3 launches collaborative drop!
Musica W3 Vol.3 🟠 unveils its third collaborative drop, featuring 8 songs from 13 talented artists. Scheduled for release on February 8, 2024, at 12:00 PM EST!
Opportunities
Marica announced Web3 Music Competition!
The Web3 music competition is now open for submissions, offering substantial prizes for simple video entries via Twitter (X). With the aim of fostering talent within Web3, the initiative is generously supported by Hive blockchain, facilitating community growth.
Join the MusicX WorldCup for chances to participate in music contests & voting to farm their airdrop $MUSICX.
EntertainM Opportunity for musicians & DJs
At 4clubs by EntertainM we will enable all musicians & DJs to monetize their metaverse performances. DM @Irathy_eth on X if interested.
Curated Content
The emerging tech guide for independent artists
Superfans
curated from Rob Abelow’s newsletter “Where Music’s Going”
**“**Everyone wants a piece. Why?
Because after a decade focused solely on the most casual, lean back experience in the all-out pursuit of scale, growth is slowing & hyper-fragmentation has sliced attention thinner & thinner.
Nothing it sustainable. Nothing is repeatable. Nothing is predictable.
And superfans are a $4.2B annual opportunity that majors & streamers have in their sights.
But, here’s the thing:
- Most of fandom’s value is gained in layers on top of streaming.
In ways that offer something deeper & more connective. It’s social. Communal. Collectible. Immersive. Interactive. It’s often mission-driven & it’s always artist-driven.
Passive streaming doesn’t fulfill it, which is why you see things like this:
- Fandom happens at the artist level.
It’s bespoke, and each artist business must be the center of that control - not labels or platforms. Solutions must be modular, allowing artists to build their own worlds with unique value.
Give tools. Give access. Give resources.
Then, get out of the way.
- Superfans are more than just a bank.
They drive sticky discovery, loyalty & participation.
Creating superfans is even more important than monetizing them, because you’ll have people who stick around whether or not the next thing goes viral.
And the more you force it - with inauthentic, extractive systems by mega-corps - the whole thing falls apart.
They drive sticky discovery, loyalty & participation.
Creating superfans is even more important than monetizing them, because you’ll have people who stick around whether or not the next thing goes viral. And the more you force it - with inauthentic, extractive systems by mega-corps - the whole thing falls apart.
Music’s next decade is about fandom.
But it’s about cultivating it, not just monetizing it. It’s about creating meaningful relationships between artists & listeners, upgrading the experience for the biggest fans, and encouraging paths to fandom. It’s about building artists, not just songs. Fandom is bespoke, but current mega-platforms & majors are built for mass consumption. We need new tools that center artist-fan & fan-to-fan relationships. Passive consumption has been prioritized over everything. That time is over.”
Do you want to be in the Shooting Star section?
Send me a Twitter (X) DM with your journey in web3 and a brief description of yourself for a chance to be featured!
Shooting Star🌠
Adé Kafeel is a recording artist known for his distinctive sound that blends influences from multiple genres into his hip hop music. Born in Charleston, SC., he discovered his passion for music at an early age. In 2007, Adé created the group G.M.C. (Get Money Clique). They quickly gained recognition in the city and surrounding areas garnering connections with major connections in the industry. Some included a meeting with Mr.Collipark (Signed Soulja Boy Tell em), as well as multiple paid performances. Adé’s music is characterized by his life and experiences. He draws inspiration from the people around him and that he comes into contact with, creating a sound that resonates with his growing fan base.
In 2023, Adé released Eyes On Death Row vol.1, featuring Snoop Doggy Dogg and October London, which garnered widespread acclaim within the web3 community. His follow up release “Degen Hours” ft. Muzik became an instant hit, reaching #1 on the Sound.xyz charts.
Beyond the studio and stage, Adé is involved in the film industry, creating short films and working on national syndicated television shows as a camera operator. Adé also likes to volunteer his time with non-profit and charitable organizations such as the Boys and Girls Club. He believes in using his platform to raise awareness to the many injustices we are still plagued with all over the world. With his dynamic stage presence and a catalog of 12 releases, Adé continues to captivate audiences worldwide. Adé looks forward to performing at ETHDenver and NFTNYC in 2024.
Featured Tweet🎶
Thank you for reading! Got feedback? Send it to @irathy_eth!