This article sorts out 16 music NFT platforms and Web3 applications, or is it a new hotspot in the industry in 2022?

Original author: 0x13, Crescent

The time has come to the end of December, and after almost a whole year of avatar NFT upsurge, people will inevitably have aesthetic fatigue for these visual avatar projects, and the new avatar projects released recently are generally cold in the secondary market. At the same time, music NFT projects such as Royal, Pianity, and Sounds.xyz were born in silence and grew rapidly, which also brought more and more attention to music NFT.

When we lamented that digital artists have obtained new income channels through NFT, and some artists have changed their destiny by relying on NFT, musicians are still struggling. On Spotify, the world's largest music streaming platform, a song is played once, and musicians can only get $0.003; among the 8 million musicians on the entire platform, only 13,000 earn $50,000 a year. What's more serious is that the small income of musicians still has to be earned by platforms and middlemen.

The difficulty in changing the plight of musicians lies in how to remove the middleman and reduce the platform's share, and how to allow musicians to obtain continuous income. In people's opinion, Web3 and NFT will be the best way to solve this problem. At present, in addition to the three music NFT platforms mentioned above, there are also decentralized music streaming platforms such as Audius trying to help musicians out of the woods.

Rhythm BlockBeats sorted out 16 music-related NFT platforms and Web3 applications, summarized as follows.

Audius

Token：AUDIO

Audius is currently the most well-known decentralized music streaming platform. There is no middleman, and everyone can publish their own music works. Audius not only hopes that "the middleman will no longer make the difference", but also the platform operator's responsibilities are clearly Limited to music discovery/hosting and aligning incentives to creators and listeners. The platform brings together many well-known creators including deadmau5, 3LAU, and RAC.

ROCKI

Token：ROCKI

ROCKI is a user-centric music streaming ecosystem that provides bridges and interactive features for musicians and their fans on its decentralized music marketplace. The features include royalty NFT, live broadcast mining, artist pledge and listening payment functions. ROCKI is the token of its ecosystem. Users can use ROCKI to vote for their favorite musicians. Fanatic fans can burn their own ROCKI for their favorite musicians, and musicians will also get rewards. Musicians can also display advertisements from live broadcasts and earn advertising revenue in the form of ROCKI.

Rhythm

Token：RHYTHM

Rhythm, a desktop music streaming platform powered by YouTube, is now in beta testing on Windows and macOS, and will release its NFT community marketplace in the first half of 2022. It wants to build a bridge between the music industry and Defi, building the next generation of music creation and streaming tools for consumers and artists. Its project partners include BabySwap, WatcherGuru, Vulkania and WSPP. In the Rhythm subscription service, it will accept all cooperative tokens (and future new collaborator tokens) for payment.

MELOS

Melos is a music NFT creation and publicity platform. Its vision is to allow all music lovers to participate in the creation process and get paid accordingly. This platform is very interesting and provides many functions. For example, A created a piece of music NFT named A1, bought it by B, edited it a second time and named it A2, C bought it and continued to add music and edit it into A3, and so on, the NFT can be created countless times, and each creation can earn profits through contributions. However, for ordinary people, it is very difficult to complete a complete piece of music independently. In view of this possibility, the project also introduced the Metis AI function, which can automatically generate a complete piece of music just by inputting favorite syllables and simple melody , it can be said to be very thoughtful.

Mozik

Token：MOZ

MOZIK, a music NFT platform, aims to build a healthier and fairer music economic ecosystem. It registers the income of music copyright, superstar IP and IP derivatives on the chain. All participants in the music ecosystem can participate fairly, including creators, publishers, customers and fans, etc. Mozik has set up two trading methods: copyright trading market and derivatives trading market. Its business scope covers digital content storage, copyright confirmation, copyright transaction, fan economy, etc.

Royal

Royal is an NFT-like music platform launched by 3LAU and JD Ross in May this year. Artists can use the platform to sell their songs, and fans can buy the rights to the songs and receive royalties from the songs they buy, so as to achieve a win-win situation for both parties. Currently the project has launched its first product, LDA, a limited number of 333 digital assets released by 3LAU for his latest single "Worst Case".

Nina

Nina is a decentralized music distribution platform based on Solana and Arweave. The NFTs on it are all priced in USDC. Nina enables artists to directly control how their music and the profits generated are distributed. On Nina, releasing an album costs about $5, a one-time fee for permanent release, which serves as transaction and storage costs. Artists can set the unit price and quantity of their works sold, and can also set up automatic distribution of income with collaborators (up to 10), such as band members, producers and managers.

Catalog

Catalog is a music NFT trading platform. Musicians can get all the income from the sale in the primary market. At the same time, royalties in the secondary market will continue to be distributed to musicians. In addition, NFT on the Catalog platform also supports fragmented auctions, and the auction revenue is distributed in proportion to the owner.

Pianity

Token：PIA

Pianity is a music NFT platform on the AR public chain. Music NFTs are divided into rarities and support buy-it-price and auction models. The works of musicians need to go through the "ranking" link before they are put on the shelves. Collectors can use PIA tokens to vote for their favorite works, and the works with the number one ranking can be put on the shelves for sale.

Mint Songs

Mint Songs is Polygon Network's music NFT trading platform, musicians can mint music NFT for free.

Voice Street

Voice Street is a music NFT trading platform. Musicians and visual artists need to be reviewed before they can publish their works. The platform also provides matching services for musicians and visual artists to help both parties better complete their works.

Sound.xyz

Sound.xyz is a music NFT trading platform. Every song is free for everyone to listen to, but only 25 people can pay 0.1 ETH to collect NFT. At the same time, collectors can also leave comments when the song is played at any time, and the comments will disappear when the NFT is traded. Musicians will bury "easter eggs" in a certain position of the song progress bar in advance, and the NFT of the collector closest to the message time will be upgraded to a 1/1 special model.

Opulous

Token：OPUL

Opulous is a platform that combines music with DeFi. On this platform, what users buy is not just a music NFT, but also the copyright of the music, and the monthly royalties from the music will also be distributed to the holders. In addition, musicians can also apply for loans on the platform with the support of their music works and royalties.

SoundMint

SoundMint is a platform that allows you to collect music NFTs like collecting NFT avatars. Different from ordinary music NFT, the music NFT of the SoundMint platform also adopts the method of algorithm generation, and different audio tracks of different instrumental music are randomly matched into a piece of audio according to the algorithm. At the same time, each piece of audio also corresponds to a unique avatar, the avatar Each element of the also corresponds to a different audio track.

EulerBeats

EulerBeats is an algorithm-generated music NFT project. Each NFT is equipped with visual effects. There are 27 original discs in EulerBeats' "Genesis" and "Enigma" series. Users can also choose to buy replicas. For engraving, the owner of the original disc will receive corresponding royalties. Eulerbeats development team Treum.io was established in 2016 and has received investment from ConsenSys.

Async Music

references:

references:"A Brief Analysis of Music Platforms" by Will Wolf