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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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FREAK
@djfreak.eth
I absolutely agree with what you say. NFT business models existed in Japan where artists were promised tickets, merchandise and meetings, but all of them failed. Similarly, selling music for a few thousand dollars limits music to a limited space, eliminates network effects, and kills the power of music.
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Kieran Daniels 🎩
@kdaniels.eth
I have Tycho’s and Avenge Sevenfolds and MF Dooms NFTs haha
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FREAK
@djfreak.eth
You are rich! 😳
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