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Coop
@coopahtroopa.eth
Music NFTs failed because the hype did not meet reality. Collecting music needs to be free and accessible at scale. It's not realistic for every artist to promise tickets, merch + meet and greets. Or for songs to be sold for thousands of dollars at scale. Music NFTs walked so $1 open editions could run.
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Rakshita Philip
@awkquarian.eth
Marketplaces, curation, and gatekeeping in the music NFT space have killed the enthusiasm for it imo. I've been collecting music NFTs since 2022, with a PFP project by Violetta being a favorite. I don’t regret any purchase, but I dislike the platforms because they don’t prioritize artists or fan engagement. Instead, they focus on trading and gamification, which shouldn’t matter for a $1 NFT. I stopped collecting because artists are creating less and focusing on number games and pumps rather than art. The sense of community went away really quick and it all got super competitive real fast. We need to let artists focus on creation and solve for distribution — art and collectors should follow. People still want to collect. We just need to give them reasons to.
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Muhammad Nawaz
@nawaz123
My nft for sale https://opensea.io/assets/base/0xcfe4613f563c087dc580861415349d4b217c0e62/7
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