RAC and David Greenstein on Why Music NFTs Are Better Than Spotify – Ep.347

André Allen Anjos, who is better known as the crypto-friendly artist RAC, and David Greenstein, co-founder of Sound.xyz, a web3 music platform, analyze the current state of the web3 music scene and discuss how artists can leverage web3 tools to get paid at fair market value for their art. 

Show highlights:

RAC’s experience in the traditional music industry

why David believes music is the most undervalued sector in the world – and how Sound and crypto can help value it correctly

the different types of NFTs with which musicians like RAC are experimenting

what Sound.xyz is and how it is helping artists unlock their fanbase and community

why David is so passionate about creating a social experience when it comes to music NFTs

Sound.xyz’s decision to allow artists to deploy their own smart contracts

what RAC has made in NFT drops compared to Spotify streams

why Sound.xyz was built with “editions” as the most common format for NFTs sold on the platform

what makes blockchain technology well-suited for the music industry

RAC’s crypto adventures: $TAPE, $RAC, and more …

how the famous “Amen Break” sample would work as an NFT

what artists will be measured by in the NFT world

 

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021     

Coinchange: https://coinchange.io   

OnJuno: https://onjuno.com/ 

 

Episode Links

 

David Greenstein

LinkedIn: https://www.linkedin.com/in/davidgreenstein/

Twitter: https://twitter.com/dgreenstein1?lang=en

RAC

Twitter: https://twitter.com/RAC

Website: https://rac.fm/

Crypto Adventures

RAC Token

https://etherscan.io/address/0xc22b30e4cce6b78aaaadae91e44e73593929a3e9

https://v2.info.uniswap.org/pair/0xf744417d0a5fd18b5b18726ce1b48f931dfa32ea

https://blog.ourzora.com/home/introducing-rac

https://www.billboard.com/pro/rac-nfts-social-token-platform-racos-web3/

Music NFTs (w/ Sound.xyz embeds)

https://rac.fm/nfts

Discord

https://discord.com/invite/rac

Tokenized cassette tape

https://www.theblockcrypto.com/post/64760/ethereum-tokenized-cassette-dj-rac-zora-grammy

Sound.xyz

Website

https://www.sound.xyz/

FAQs

https://soundxyz.notion.site/soundxyz/Frequently-Asked-Questions-1-0e39e44edccb42f8b3c3ca5d93c703a9

Recent raise

https://techcrunch.com/2021/12/15/sound-xyz-raises-5m-from-a16z-to-explore-how-web3-can-upend-the-economics-of-the-music-business/

Recent drops that are fun

Bored Ape Yacht Club Band

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• Source: https://unchainedpodcast.com/rac-and-david-greenstein-on-why-music-nfts-are-better-than-spotify/