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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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nuconomy.⌐◨-◨
@nuconomy.eth
Do you see a place for Music NFTs where they give holders rights to use the tracks in their own media? It’s often free to stream but almost impossible to get usage rights without automated takedowns.
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Coop
@coopahtroopa.eth
Maybe if we zoom out far enough but just think there's so much red tape involved here and its such a finite use case that its not worth a team's energy to go and build this or bring it to life right now. Would mainly be a solution for publishers or syncs or big content creators and don't think its a large enough market to be a viable business in the immediate short term when the stigma around collecting in the first place is still so high
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