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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daniel
@pcdkd
More and more my thinking is that projects need to take music out of music NFTs. Anything that involves streaming or reproducing recordings can only reinforce the current music power structures, not disrupt. Unless there's significant overhaul of music copyright legislation.
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timdaub
@timdaub.eth
Vaughn is this you? https://scarceobjects.substack.com/p/keep-music-out-of-music-nfts
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daniel
@pcdkd
No! But known Vaughn for many years and discussed this a lot. He definitely started the thought process money
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