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

https://www.sound.xyz/boredbrothers/drip

Snoop Dogg

https://twitter.com/soundxyz_/status/1516896676077744128 https://twitter.com/SnoopDogg/status/1516481234464960513

Music NFT Content

Good overview:

https://momentranks.com/blog/music-nfts-explained-transforming-music-sales https://twitter.com/MonsterDaoNFT/status/1517164757534580736 https://twitter.com/fascinated/status/1516539250661117966

Cooper Turley Content

Weekly blog

https://thisweekinmusicnfts.mirror.xyz/

Music NFT tweets

https://twitter.com/Cooopahtroopa/status/1516598888114831360 https://coopahtroopa-eth.medium.com/musicians-meet-audio-nfts-aa495cfd2996 https://twitter.com/Cooopahtroopa/status/1460062843244408833 https://twitter.com/Cooopahtroopa/status/1469789186131587073 https://twitter.com/Cooopahtroopa/status/1475609928865705988

RAC Content:

ETH royalties compared to Spotify

https://twitter.com/RAC/status/1516578113634725890 https://twitter.com/RAC/status/1517168623772602368

RollingStone profile

https://www.rollingstone.com/pro/features/rac-future-25-1179443/

Likes the 1/100 NFT drop

https://twitter.com/RAC/status/1516178179886510083

Coinbase listing of RAC?

https://blog.coinbase.com/increasing-transparency-for-new-asset-listings-on-coinbase-e06f2edb095e

How the Sinners drop would have worked over time

https://twitter.com/RAC/status/1512560530761809921

Thoughts on music NFT metrics

https://twitter.com/RAC/status/1509213081594855425

Royal

https://twitter.com/join_royal

Jesse Walden write-up on Sound.xyz

https://twitter.com/jessewldn/status/1471148257892044812

Read the episode transcript here