There is a blizzard of startup launches and content drops happening in the music NFTs space, so we’re trying to round up the most interesting ones regularly.
Today’s crop starts with SeatlabNFT, a startup touting (well, perhaps that’s not the best word!) an NFT-powered ticketing system that aims to help artists and promoters “regain control of the secondary market”.
Elsewhere, Wave7 is a new crypto/web3-focused investment fund founded by a group of music industry executives, who have already backed more than 30 early-stage web3 startups. Ditto Music offshoot Opulous is one of them, while Wave7 is also launching NFTs through an in-house creative studio called Wagmi Beach.
What else is cooking in NFT-land? Myx is a music streaming service planning to launch in Q2 this year. Its features include enabling artists uploading music to its platform to also turn them into NFTs, and letting fans invest in artists and get a share of streaming revenues.
Finally, Tamago is also hoping to give music streaming a web3 and NFTs twist. It too will let artists mint their uploaded tracks as NFTs, with a focus on underground dance artists, and “anti-corporate music hosting” rhetoric ahead of its beta launch in March. You certainly can’t accuse it of a lack of ambition. “Tamago is the Spotify killer…”