While the market is seeing a spike - music hasn’t broken through.
Vault.fm launched a new subscription product in partnership with James Blake along with features in Pigeons and Planes, Complex and dozens of other major music outlets. It may not be fully onchain - but the principles of direct to fan relationships are a huge step forward.
This comes with Coop Records launching an onchain subscription in partnership with Fabric - giving collectors a free song airdropped directly to their wallet everyday.
Drakula recapped a major first week - with over $4M in volume and 25,000 accounts on their new onchain Tiktok. We brought Alex on as a returning guest to unpack it all.
Put it all together and we’re seeing a shift towards convenience. Whether it’s joining a Vault for $5/mo, buying an onchain subscription or signing in with Farcaster - we’re gradually making strides towards more curated fan experiences and music to back.
PS - We’re planning to launch a new series next week and are looking for you feedback.
Hop in the Invest in Music Telegram for easy access and to help us land on a name!
Invest in Music is sponsored by Coop Records - an onchain record label.
Coop Records has released 150+ songs onchain and drops this week like:
To share your songs - email demos@cooprecords.xyz.
Or - subscribe to Coop Records Club to have every release airdropped directly to your wallet!
Top Stories
Vault Launches Subscription Platform
Subscribe to access exclusive content - launching with James Blake.
Subscribe to Coop Records to get airdrops and other perks.
Drakula Pays Creators Over $250K in Week 1
The Onchain TikTok built on Farcaster is quickly gaining steam.
Join the movement to take ticketing onchain by minting on Zora.
UFO launches a new space to share and listen to music on Lens
Featured Content
Bonus Reads
Collect the Invest in Music Pass and join the Collector Chat.
Listen and Watch: Spinamp | YouTube
Follow: Twitter | Instagram | TikTok | Lens
Disclaimer: The content of this announcement is published in the United States of America and persons who access it agree to do so in accordance with applicable US law. Coop Records Management LLC (“CRM”) is not a wallet provider, exchange, broker, financial institution, money services business, or creditor.
The Invest in Music podcast, newsletter or other materials from CRM (collectively, “Content”) is for informational purposes only, and should not be construed as legal, tax, investment, financial or other advice. Nothing in this post or in any Content constitutes a solicitation, recommendation, endorsement, or offer by CRM or any third party service provider to buy or sell any securities or financial instruments or products. All Content is information of a general nature and does not address the circumstances of any particular individual or entity. CRM is not a fiduciary by virtue of any person’s use of or access to Content. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of Content before making any decisions based on such Content.
You should not treat any opinion expressed by Cooper Turley or others with respect to the Content as a specific inducement to make a particular NFT purchase or follow a particular strategy, but only as an expression of opinion. Before acting on information based on the Content, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own legal, tax, investment, financial or other advisors. CRM or its affiliates or clients may, directly or indirectly, have a financial interest in Content discussed.