The music industry has experienced some of the biggest technological innovations, from compact CDs to iTunes and now streaming. If you thought streaming was the epitome of evolution in the music industry, you would be surprised. The sector is also experiencing a big transformation amid blockchain adoption in the mainstream sector.
Non-fungible tokens are the latest sensation having a ripple effect in the tech-savvy sector. In the race to hand over more power and control to fans and creators, NFTs are finding great use in enhancing ownership and distribution of content. Digitization of music into NFTs is already having a significant impact in enhancing returns to musicians, unlike in the past when music labels were in control.
Consequently, more NFT music projects have cropped up designed to give musicians and fans more control of their content and reduce reliance on music labels. Music NFT accords fans and musicians a certificate of ownership representing a unique piece of music work that can be sold to a third party.
Below are some of the top music NFT projects with tremendous potential.
Synthopia
Synthopia is a unique NFT project that seeks to offer a new way of creating music for the metaverse world. It is a collaboration between Garamatik, Luxas, and Audioglyphs. Each Synthopia NFT is unique and can be embedded into a browser. It also comes with a DSP graph made up of 208 nodes for sequencing modulation audio synthesis and sample playback.
Audioglyphs is an upcoming platform that will make it easy for people to generate music while also acting as a distribution epicenter to enable a sharing culture with everyone. Token holders will have the right to participate for the duration of the platform.
In addition, Synthopia token holders can access intimate live concerts while also being granted full rights to music generated by their tokens.
Audioglyphs
Audioglyphs is an NFT project that seeks to provide a glimpse into the future of the music industry. The project aims to enhance ownership of content. Instead of artists publishing recorded music and limiting access to the platform, they are accorded the opportunity to come up with infinite variations of their work. The work is, in return, made available for all to explore at no extra cost.
Likewise, fans don’t have to buy rights to their favorite artists’ work to listen. Instead, they are given the opportunity to own a unique version of the original work. In addition, Audioglyphs is looking to open source its core technology to enhance the managing and embedding of audio processing on the web.
Audioglyphs is also in the process of coming up with new tools that will enable artists to create new exciting music and publish their works with ease.
WRPS by WarpSound AI
WRPS is an NFT music project for anyone who loves future music and generative art. It features an artificial intelligence-driven platform that delivers dynamic original music and customizable interactive live performances.
It also stands out for its ability to leverage artificial intelligence technology to generate original music in real-time. It also customizes the virtual artist’s audio fingerprint. It can also stream music/audience interactive live performance is part of the new paradigm in the music industry.
WVRPS also comprises 9,999 non-fungible tokens minted on the Ethereum blockchain, which are generative visual arts and AI-created music. The tokens are the work of metaverse creators, including Nayomi, DJ Dragoon, and Gnarr Herat.
The Orbs
It bills itself as a leader in generative art and music NFTs focused on demonstrating pure individuality through the ownership and interoperability of blockchain. An Orb is simply one of the 3333 unique generative music NFTs. Each features a combination of visual animations generated in real-time and built on top of the Ethereum blockchain.
Each Orb can be envisioned as a unique art series coming with a personality that includes a collection of objects, terrains, skies, and stars. Like any other ERC-721 token, each Orb can be sold upon listing on secondary markets such as OpenSea.
EulerBeats
EulerBeats is a unique NFT music project that seeks to enhance generative music and artistic boundaries. It aims to place artists and token owners at the heart of experience in the industry. The project comprises 27 unique audio-visual NFTs dubbed Genesis LPs. Each Genesis LP contains unique digital artwork. The artwork is printed on top of spinning vinyl records that play a piece of music.
In EulerBeats, artwork and music are generated algorithmically. Whenever a user mints one of the NFTs, a piece of art or music is generated. Artworks come with unique colors, shapes, and sound-making each piece unique.
Futura was the third EulerBeats NFT drop that sought to push the boundaries of 3D generative art and music. It maintains novel generative music and an artistic approach that adds a fresh collection to the brand. It also seeks to usher in a new era of remix culture and a set of generative mixes.
Final thoughts
More non-fungible tokens music projects are expected to crop up as the need to develop something unique that cannot be replaced in the industry gathers steam. NFTs are making it easy for artists and fans to own something original.
In addition, blockchain technology is fuelling a whole new economy whereby people can sell unique pieces of music and art and generate significant value from them. Music NFTs also makes it easy for composers and music bands to connect and interact with their fans in unique ways through content.
The ability to sell music and other works on the blockchains should provide artists with an exciting way of engaging with their fans. A number of artists led by Kings of Leon, Grime 3lau have already started taking advantage of NFTs as they seek to generate maximum value from their works. The ability to sell a limited edition of albums is one factor that continues to push artists into embracing NFTs.