Web3 Music: A Thriving Ecosystem of Creative Artists
Despite doubts from skeptics, the Web3 music ecosystem has not only survived but thrived. Within this space, there are numerous creative artists making their mark. Artists like San Holo, Matthew Chaim, and Grey Spottie Wifi have stood out as notable talents. In this review, we will explore these artists as well as rising talents and top collections that define the landscape of on-chain music.
Web3 Music Artists to Watch
The year has introduced a new wave of artists who are poised to shape the Web3 music scene in the coming years. Among these Artists to Watch are Alyss, Pack Records, Valentina Cy, KASBEEL, Cudos Sadye, Malik Naim, Isadore Noir, Yunice, and Madalen Duke.
Top OnChain Music Collections
The Web3 music space has witnessed remarkable collections throughout the year. These collections are grouped by quarters:
January – March 2023:
- Project Astro – Astro
- NOISE – High Frequency Volume 1
- Violetta Zironi – Another Life
- HENO. – In the Meantime
- Grimes – Gen-1 avatars
April – June 2023:
- LNRZ – Satellites
- Annika Rose – Bruises” Music Video
- COLORS – Colors Collect
- Spore Pro – Sporeᵒⁿᵉ
You can see the whole list in this tweet.
Onchain Music Investment Activities
The Web3 music industry has experienced various investment operations, indicating a growing interest and confidence in its potential. Some notable investments include Daniel Allan raising $1M, Anotherblock raising $4.3M, Spinamp raising $1.2M, Lens Protocol raising $15M, Sound XYZ raising $20M, Symphony raising $1M, and IYK raising $17M.
You can see the whole list in this tweet.
Conclusions
As we enter 2024, the Web3 music scene is ready to prove its value in the next bull market. The focus is on reaching new audiences and fostering deeper connections with emerging artists.
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