Mags pfp
Mags
@mags
Stuff I've changed my opinion on recently: - Conferences ⬇️ - Music NFTs ⬇️ - Total potential of web3 in music ⬆️ - Email marketing ⬆️ - Tokenized loyalty adoption ⬇️
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timdaub
@timdaub.eth
why music NfTs down?
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Mags pfp
Mags
@mags
True music fans haven’t taken to music NFT collecting in a way many of us hypothesized— the market is primarily driven by degen speculators who happen to also like music. Meanwhile I really thought it would bring many new people to the space the way NBA Top Shot did with sports fans
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fredwilson
@fredwilson.eth
I agree. Something is off with the current web3 music offerings. I'm curious what you think the unlock will be
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Mags
@mags
I underappreciated the psychographic diff between sports & music fans wrt: financialization—sports fans are used to it (gambling) while music fans are not (but there’s some philanthropic mindset) I keep thinking there’s oppty in discovery/funding for up&comers that comes with a “I liked them before they were b
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Mags
@mags
I’ve been also mulling what multi-player-music could look like enabled by web3 (less collectibility, more contribution) but don’t have many concrete thoughts there yet
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