Music NFTs
October 13th, 2022

Hey anon, missed our recent giveaway on wagame.lens 🌿 that bagged some lucky MFers dope music NFTs? Don’t worry, you're #stillearly

Below is 🚨Alpha🚨 on #MusicNFTs 🎶 that also includes some FREE plays 😉.

MUSIC NFTS 101:
First of all, what do you actually own when u get a music NFT? All depends on individual conditions of the drop. Eg, you may get:

⁃            rights to listen to a song
⁃            above +use in personal videos (eg on YouTube)
⁃            above +commercial use
⁃            above +publishing rights (eg upload on Spotify)
⁃            % of royalties

So when deciding on whether to get a music NFT, you should ask yourself:
1.         What rights am I getting exactly?
2.         Do I like this track/ artist + do I think it/they will do well?
3.         Do I want it as investment? If yes, then do the above points add up?

MUSIC NFT PLATFORMS:
General note on music NFT platforms: most feel more like Web2 with no clear plans for decentralization yet. This could change in the future, but we’re not too optimistic about an imminent airdrop etc. Bagging valuable NFTs is a better play in the short term, in our opinion.

1. 🌐 royal.io. Backed by Paradigm. Earn % of royalties to specific tracks, represented by NFT. When artist gets paid, you can claim your % (usually twice per yr). You can buy LDAs when they’re announced or get one on the secondary - opensea.io/category/royal-ldas

2. 🌐 sound.xyz. Buy limited edition tracks 🎵 and get perks from artists. ⚠️ Typically no other special rights beyond the right to listen to the track + perks from artists. 



🚨 Alpha🚨: Broke? FREE 🎶 drops announced often. Last week there was one by Snoop Dogg (https://www.sound.xyz/snoopdogg/i-cant-breathe). Join their Discord, follow the announcements & thank us later 🤫 - https://discord.com/invite/soundxyz

3. 🌐 soundmint.xyz. Mint generative NFTs by artists. Each track is unique and comes with unique visual identity due to the generative process. Think BlockArt jpegs but for music and with differing rarities. Product is yet to be fully launched. Early access is available to holders of these - opensea.io/collection/soundmint-vinyl

4. 🌐 async.art. Generative music (and art) platform where anyone can create generative 🎶 and put it up for sale. 



🚨Alpha🚨: Broke? some drops are free or as low as 0.003E 👉 async.market/blueprints?category=music

5. 🌐 anotherblock.io. Royalty-backed NFTs (similar to Royal). Weeknd's “Weekend on Tuesday” sold out drop has a probable 1 year return of 19% (optimistic projection is 46% 👀). According to the team, more A-list drops are on the way.

Mint upcoming drops or check secondary: opensea.io/collection/anotherblock



🚨Alpha🚨: platform operates allowlist system. Holding one of the past drops usually ALs you to the next ones. 


6. 🌐 lenstube.xyz. 📺 Video-sharing platform on top of Lens that has music videos that you can collect as NFTs. Lens ecosystem is quite bullish on Music NFTs in general🌿, in case you haven’t noticed yet (you only need to follow posts by @stani.lens to see this)



🚨Alpha🚨: Keep and eye 👁 on https://lenstube.xyz/lensbeats.lens account 👉 they plan something for holders of $BEATS token (assume WL for NFT drop?)

7. 🌐 OmgKirby is not a platform but one of the OG collections, set up by a popular Spotify artist. Holders of this NFT get WLs to future drops from collabs 👉 opensea.io/collection/omgkirby-genesis


Eg this collab was Opensea’s first ever launchpad drop and came with publishing rights 🤯 - opensea.io/collection/ctomgkirby/drop

Subscribe to Wagame.eth🦇🔊 | Wagame.lens🌿
Receive the latest updates directly to your inbox.
Nft graphic
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.
More from Wagame.eth🦇🔊 | Wagame.lens🌿

Skeleton

Skeleton

Skeleton