13 NFT Music Platform Reviews: Why the Highest Revenue and Biggest Investment for NFT Music?

I've seen enough graphics like chains around the edge of crashes like PFP, NFT and it's nice to learn something new.

If you continue to pay close attention to revenue and market size, you can see that many NFT music platforms have recently developed, with more and more tens of millions of track vehicles. Why do important financial and business leaders choose to bet on musical NFTs? "Short" analysis of the Web3.0 group:

1. The big business problem

According to the 22nd annual report of Artprice, an ArtMarket agency, the total sales of the global art industry in 2019 (no data update, but no significant change in the last two years) were $ 13.3 billion. ; And today, NFT's sales can reach hundreds of millions of dollars every week.

According to the "2020 Global Gaming Market Report" published by Newzoo: by 2020, the global gaming market will reach 174.9 billion US dollars.

According to the 'Global Music Report 2020' published by the International Phonographic Industry Association (IFPI), the total sales of the global music market (just the size of the music market) are $ 21.6 billion (around $ 21 billion). , 6 trillion wins). With the explosive growth of the art industry and the entertainment industry, it is no exception that “NFT” and “Web3.0” will burn in the music industry.

2. The music industry may contain more NFTs than the industry.

The two biggest divisions in the blockchain market today are the technology divisions and the capital divisions, and what it doesn't have is well-crafted and creative content. , and general affairs for trafficking.

And the music industry, which has emerged from the monopoly, faces a precarious situation known as the “advertising industry”. There is a chasm of big record companies that has arisen from the end of the 19th century and musicians who complain. . From music files to vinyl records to the Internet Web2.0, 100-year-old problems still remain unresolved.

Law enforcement companies, online companies regulate distribution, even early musicians do not have the right to price their music, and they also lose insufficient music that was forced to be " free ”after music has become a commodity and a commodity.

The best musicians want is "their own real traffic" and they want their fans to take back control. The “Fan-Power” model is still compatible with blockchain technology and NFTs. This is why the musicians are jostling each other. sit

Long-time musicians also need more “platforms to find value” than the average option. If Spotifi music shows only earn 3 cents at a time, 650,000 views per month can make a difference of $ 15. This will be the best "mutual aid plan" for new musicians.

3. The path

Well, that's a challenge. Accept the sharing model and don't fight.

First of all, you get smarter.

NFT Music Platform 13 Notes

But what is the difference between listening to music on the NFT music platform and on the Netease cloud? Welcome to the "NFT Music Platform Review", the second issue of the Web3.0 survey.

There are now over 50 different NFT music platforms on the market, almost all of which are expected to be announced in 2021, of which over 30 were launched just two months ago. Choose from and over 13 major platforms and enjoy!

un, un o

Website Vision: Simple, Pure Black Style

Introduction: When you sell works on the Tezos blockchain-based green NFT music platform, you can choose from 5 levels: ONEOF, DIAMOND, PLATIUM, GOLD, GREEN, and each level has different rules and benefits. .

Finances: Stakeholders in the $ 63 million seed completion include environmental activists Bill Tai, Suna Said and Sangha Capital of Nima Capital, tech investor Jack Herrick and the Tezos Foundation.

Housewives: Supporting a wide range of music, the cast now includes Doja Cat, John Legend, Alesso, and The Kid LAROI.

Easy to use index: 5 stars

Zero-cost advertising: NFTs broadcast by artists on the platform may be available for free. Low cost or free NFT received. Fans can trade NFTs on the second marketplace platform. Simultaneously buy NFTs using debit or credit card withdrawals, cryptocurrencies and coins secured with over 135 fiat currencies.

Green and environmental protection: With the Tezos blockchain, the energy used to broadcast NFTs on the platform is "2 million times less than that of other networks like Ethereum".

Recommendations: 5 stars

2, command

Website visual style: simple black and blue style, test step

About: Royal is an NFT-like music platform developed this year by US DJ and producer Justin "3LAU" Blau that helps artists create and sell NFTs and get fans to invest in their work. to profit from it.

Funding: A $ 16 million seed harvest has been completed by August 2021. Paradigm and Founders Fund have invested $ 7 million in each of these investments. The most common partners from both sides, Fred Ehrsam and Keith Rabois, have joined the Royal Board of Directors. Royal co-founder JD Ross invested $ 1 million through venture capital firm Atomic, with an additional $ 1 million from several investors.

A new $ 55 million fundraiser was completed in November with the participation of a16z, Coinbase Ventures, Paradigm, The Chainsmokers, Mouse, Logic & Kygo, and more.

Music Set: 3LAU released the world's first NFT music album in March, grossing over $ 11.68 million in 24 hours.

Easy to use index: 5 stars

Users can purchase shared songs and then enjoy the benefits of the songs they have invested in. The artist determines how much of the member's work is for fans and how many “official releases” are released for a song. For example, if there are 100 “official versions” of a song, the sponsor may receive 0.5% of the cost of that song.

Recommendations: 5 stars

Peb, Loki.

Website vision: black and red, test plate

Introduction: ROCKI is a digital ecosystem of music and payment services, using ROCKS tokens as a supporting platform.

Music Setup: There are over 800 NFT music distribution and distribution companies today.

Easy to use index: 4 stars

ROCKI has announced two special NFTs for music: NFT ERC721 Royalty Income and NFT ERC1155 Listening Light Music. At the same time, some lines reflect user behavior, such as “popular charts” and “new songs”.

For music listeners, you can create playlists on the platform, post comments and suggestions, and host community events to earn ROCKS that you can use to listen to paid music on the platform. Manufacturers can use ROCKS tokens. Download music, art, NFTs, and more.

Recommendations: 3 stars

4, read

Website visual style: trendy style

Introduction: Audius is an AUDIO token platform, a music sharing and streaming protocol.

Finances: He announced that he received $ 3.1 million in venture capital in July 2021, with Multicoin Capital and Blockchange Ventures leading the investment, Pantera Capital and Coinbase Ventures joining the company.

In September, it was announced that he had successfully completed a $ 5 million fundraiser, which included Katy Perry, The Chainsmokers, Nars, Jason Derulo, Pusha T and Mark Gillespie, previously CEO of Sony, among others. Music Martin Bandier, and the investment company K5 World. They are John Josephson, CEO of Michael Kives and CEO of SESAC, the advocacy organization.

Music Setup: Today, Audius has reached 6 million monthly transactions with over 100,000 investments and over 1 million content retrievals. A collaboration with the best artists like deadmau5, 3LAU and RAC has been made.

Easy to use index: 3 stars

Due to the high accessibility, participants and music users must have a number and have at least 100 voice tokens to access the collection material.

Music producers can advertise music NFTs for revenue, and they can set up different distributions for producers to make money from the media: personal ownership, membership, author information, and other channels. At the same time, Audius will provide designers with 90% of the income generated by listening to the original artist's work and reward the remainder of the operator and 5 technicians. Weekly advertisements will also be rewarded with tokens.

Users agree to use AUDIO to secure the platform and recover network costs, weight management and activate graphics, beacons and other support services.

Recommendations: 3 stars

5. Rue Boyce

Website vision: multiple lines with the character of the game

About: The Voice Way is an NFT platform focused on music copyright, intellectual property (IP) derivatives, and music-based GameFi.

Financial: announced it had completed US $ 3.5 million venture capital by December 2021, including Huobi Ventures, Dragon Roark, Shima Capital, Lucid Blue Venture, RedLine Dao, AU21 Capital, Caballeros Capital , Halvings Capital, TMT Capital, Hotbit Labs, Founder of NEO, Founder of LABS Group, Chinapolka, World Champion Dota, BullPerks, Crypto VN, BMW Capital.

The musician was in the following fields:

Easy to use index: 3 stars

Voice Street design includes NFT contract mechanism, various NFT hairstyle mechanisms for music, NFT contract mechanism. Voice Street gives the right. The costs are reimbursed to the procuring entity to secure the best interests of the NFT law and the rights and interests of the owners of NFT.

Here's how you can benefit from the Voice Street platform.

IP-NFT Revenue Stream

Revenue from stores, sales, advertising on IP assets, etc.

Exchange platform, legal commercial income from music intellectual property;

intellectual property operating income, music intellectual property market and musicians' income;

Recommendations: 3 stars

Rau, mint song

Website Vision: Mystic Air, Beta

Introduction: It is designed to allow cross-platform and mid-level developers to directly manage members. At the same time, these products can help filmmakers support the vibrant Web3 community.

Funding: It was announced that it will receive $ 3 million in seeds in December 2021. This fundraising business is led by Castle Island VC in partnership with Coinbase Ventures, North Island Ventures, Freestyle VC, IOSG Ventures and Gramatik. Former investors include AAF Management, Goodwater Capital, East West Ventures, Michael Lazerow (Velvet Sea VC Management Partner) and Ian Simon (CEO, Strangeloop Studios).

The musicians are in:

Easy to use index: 3 stars

Composers can turn their creative resources into NFTs to sell and distribute to the community. Mint Songs can convert songs (audio album photos) to environmentally friendly NFT for free, and users can express their NFT music collection here.

Recommendations: 4 stars

Seven, jeton || Trax

Website display: black and red, pop music style

About: Token || Trax is an NFT platform developed by musicians for the music community. A new way to create, organize and compose music.

Finances: Private

Easy to use index: 3 stars

The token || The Trax platform enables music producers, watchers, and writers to earn money with their NFT design.

Delivery: 2 stars

Studio Melos

Website vision: simple black style

Introduction: Music NFT web 3.0 platform adopts DAO management, allowing developers to take inspiration from NFT DNA tree. Melos Studio developed the GitHub music development process and is also a social network for musicians and fans to communicate and share music.

Funding: Dapper Labs, Innovion, NGC Ventures and Multichain Capital have joined the financial backer of Melos Studio in the past.

The musician was in the following fields:

Easy to use index: 5 stars

The NFT developer can continuously update and redesign, each project can benefit from their involvement, and the developer who contributes to NFT can receive a share of the proceeds from all exchanges.

Recommendations: 5 stars

nine genius

Website Vision: Simple White Style

Introduction: Genius is an NFT music industry platform.

Finances: Announces the completion of $ 4 million in seeds in June 2021, an investment led by Dapper Labs CEO Roham Gharegozlou, with support from Mark Cuban, actor Ashton Kutcher and founder of Morgan Creek, Anthony Pompliano.

Easy to use index: 3 stars

NFT music information and videos can be found here. Run your NFTs and get paid for them.

Delivery: 2 stars

10. Music NFT Project Nina promises

Introduction: In June 2021, the Nina Protocol, the NFT music project developed for Solana and saved by Arweave, will release Litepaper and the commercial token will arrive soon.

Easy to use index: 5 stars

Solana blockchain low latency exchange rate allows music to be streamed, bought and sold faster compared to mid-range services. Performers pay less than $ 0.30 for SOL to release 1,000,000 recordings.

Recommendations: 5 stars

11. NFT Lub HUSL music platform

Website vision: simple black style

About: NFT music platform

Jeton: HUV

Easy to use index: 4 stars

Users can redeem tokens on the platform to receive “packages”, redeem them for NFTs on the platform, vote for new songs, enter contests and receive invitations to special events.

Recommendations: 4 stars

12. Tsim Music NFT Project EulerBeats

Website vision: black

Introduction: EulerBeats is an NFT musical polygon and artwork that generates graphics and sound algorithmically.

Funding: The Eulerbeats Treum.io development team was created in 2016 and is funded by ConsenSys.

Easy to use index: 5 stars

The most striking feature of Eulerbitz is its regal style and finances. New sheets can be reworked and cast, which is not only beneficial to the owner of the original disc, but also beneficial to the person rewriting the new sheets. 8% of the cast gives the new version to the previous owner.

Recommendations: 5 stars

13. Suab.xyz

Vision du site Web : style pixel

INTRODUCTION: All songs on the site are free to listen to, but each song is limited to 25 editions, so you can only purchase 25 for your own collection.

Funding: Music startup Pioneer Sound.xyz raised $ 5 million in the December 2021 funding round. Traders include a16z, Variant Fund, Atelier Ventures, Holly Herndon, 21 Savage and a handful of crypto and crypto traders. artists such as DJs. acting.

Easy to use index: 5 stars

Here, only buyers can comment on the song, and anyone can view it. This means special rights for the buyer who owns this NFT.