Pressures of the bear market are setting in.

Music NFT sales slowed as artists and collectors try and find the balance.

Collectors have vocalized a strained environment due to a lack of secondary sales while artists have vocalized a desire to mitigate all Music NFTs being listed for 0.01 ETH.

While there’s no one right answer - this dynamic is the cornerstone of a maturing market.

What is the “standard” supply and price for a Music NFT?

Should there even be a standard?

Collectors have a finite amount of ETH.

Artists deserve to price their work however they see fit.

Keep a close eye on how the meta evolves in the coming weeks.

Separately - Spotify dipped their toes into web3 by debuting token-gated playlists.

While it’s a long way from a “collect” button - this is a huge win for the space and demonstrates that serious players are figuring out how to get involved.

Lastly - ETH Denver is this week.

Coop Records is partnering with Sound, Spinamp and LNRZ to host a Music NFT Kickback.

With sets from Daniel Allan, Bloody White, Dot, Clear Eyes and Eva Myra May - this is not one you want to miss!

RSVP here and we’ll see you on Saturday night!

Here’s what to watch this week.

Upcoming Drops

1. Annika Rose x Jagwar Twin - Lost

2. Mija x Bloody White - No Rules

3. PrettyMuch - Wrong

4. demotapes - The River (with Pluko)

5. Dessauer - Heli

6. BIJOU - Saint Tropez

7. LIFEOFTHOM - EUPHORIA

8. Wilter - not looking out the window anymore

9. dilip - Lemon Tart

10. Belis - The Iveys

Freshly Minted

1. Sammy Ariaga - Metagirl (Remix)

2. Daniel Allan x DEEGAN - Nauseous

3. Reo Cragun - Closer to God

4. LNRZ x TK - I Don’t Need You

5. Noise x msft - with me

6. Gramatik - Muy Tranquilo

7. TK - Eternal Garden Master Collection

8. Alec King - Being Alone Feels Like I’m Drowning Pt. 2

9. Abjo - Jam Session No. 7

10. Parrot - When I’m With You

11. HedsTAPE 11

12. Bad Lovers Club - Razorbladed Dividends

13. Iman Europe - Studio

14. Vaarwell - Sellout

15. Vince Aloe - Cassette

16. Xcelencia Stems

17. High Tropics - Girlfriends

Listen to Freshly Minted on Spinamp

Top Stories

Spotify Teases Token-Gated Playlists with Kingship

Spotify debuts a new feature in partnership with Kingship

NFT Now Announces Now Pass

NFT Now details it’s forthcoming Now Pass in Paris

Songcamp Celebrates HB100

Songcamp hosts its 100 consecutive weekly call

Aly Recaps SWEETS 2

SWEETS 2 comes to an end with a full recap

ETH Denver Music NFT Kickback

Coop Records announces a Music NFT event at ETH Denver with Sound, Spinamp and LNRZ.

Spinamp Integrates Arpeggi

Spinamp adds support for Arpeggi

Angelbaby Presave The Otherside on Showtime

Angelbaby parnters with Showtime for a presave giveaway for The Otherside

Bonus Reads

1. DLG 2-Pack

2. Hamburglar What Happened to Music NFTs

3. Medallion Digital Collectibles

4. Synergis ETHDenver

5. Valentina Surprise Drop

6. Music NFTs in Paris

7. Oshi Eternal Garden Remix

8. Iman Europe x Andre Oshea iPhone Screen

9. What’s Holding Music NFTs Back?

This Week in Music NFTs is free to subscribe. Follow me to stay up with the latest!

Disclosure: I am an investor in NFT Now, Songcamp, Arpeggi, Showtime and the Hume Collective. I have also collected most of the songs mentioned in Freshly Minted.