Def Jam project comes to Solana
+ record users across consumer crypto apps
gm music fans,
Sometimes it’s good to step back and see how far we’ve come. A year ago we were paying $20 in gas fees to collect a music NFT and now…
I just joined a web3 fan club with nothing but an email. I collected music in one click within a mobile social feed (via Farcaster). I got collectibles airdropped to me from creators I subscribe to on Drip (a Solana platform).
I signed a manifesto and got a cool NFT. And I wrote about music on Sound and got a cut of sales when someone collected.
Of course it’s still a bit janky but the vision of an “onchain” internet feels closer than ever and the user numbers are climbing higher.
Let’s jump straight into all the biggest stories and music drops of the week.
Headlines
Def Jam project The Whales drop new single
Virtual NFT band The Whales just dropped “Hunned Racks” — a new track featuring rapper Made in Tokyo. The project, backed by the legendary Def Jam Records, is releasing collectible animations via Solana platform Drip Haus. (Read more).
Galantis launches a Web3 fan club
The Swedish producer duo — hitmakers for Katy Perry, Kylie and Britney Spears — have opened a fan club powered by web3 platform Medallion. (Read more).
Sound.xyz launches Spotify integration
You can now hear music before anyone else on Sound through a new Spotify pre-save integration. If you pre-save the song, you unlock the first listen and get a digital collectible. Sound also launched “Channels” so you can discover new music under four genre channels: Hip Hop & Rap, EDM, Pop and Latin. (Read more).
RAC announces new company, Oscillator
Web3 pioneer and producer RAC has teased a new company called Oscillator — it will focus on using blockchain to unlock fan-artist data. You can read the Manifesto here and collect it on Base.
Trending this week
Solana’s Drip Haus hits 100k daily users - We published a deep dive into Solana NFT platform Drip, which hit record daily users this week. Read it here.
Farcaster as a go-to-market strategy - Web3 social is having a “moment” with the rise of Farcaster. Coop Records has been experimenting with a “one click” mint experience in the social feed using Farcaster Frames and sponsoring mint fees, resulting. in thousands of song mints. (Read more).
Zooming out: Broader Web3 News We’re Watching
Crypto hits $2 trillion market cap.
Consumer social is having a moment - Zora, Farcaster and Drip hit record daily users. (Read more).
Pudgy Penguins almost flip Bored Apes - the biggest comeback story in NFTs continues. (Read more).
ENS partners with GoDaddy. (Read more).
Etherocks auction at Sotheby’s. Clip-art NFT rocks are being auctioned this week. (Read more).
A new token standard - ERC 404 enables the fractionalization of NFTs. (Read more).
Biggest music drops of the week
Harlem singer Mia Lailani is dropping one song every month this year, with tracks available onchain before they drop on traditional music streaming services. You can presave her latest track “Play Out” on Sound to hear it before anyone else.
Builders keep building…
Deadmau5 platform Pixelynx launches a Black Mirror themed “Smile Club.” (Read more).
Showtime rebrands to Drakula, teases a web3 TikTok app to bet on creators. (Read more).
Supercollector launches a new feature to “pre-collect” an album before it drops. (Read more).
Web3 website builder Bonfire partners with P00ls to help map fan communities. (Read more).
Thanks for reading!
We believe a new generation of independent music will be born out of Web3 culture. Discover the best music here first. Follow us on Twitter where we share the best music every day.
Disclaimers: We may own NFTs mentioned in this article, have previous or current contracts with companies mentioned and may earn referral income from links to music NFTs. This newsletter is purely informational and should not be considered financial advice. Nothing in this content should be considered a recommendation to buy a particular NFT, only an expression of our opinion.