Press Release

RAC and David Greenstein on Why Music NFTs Are Better Than Spotify – Ep.347



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

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

Music NFT Content
Good overview:
https://momentranks.com/blog/music-nfts-explained-transforming-music-sales


Cooper Turley Content
Weekly blog
https://thisweekinmusicnfts.mirror.xyz/
Music NFT tweets


https://coopahtroopa-eth.medium.com/musicians-meet-audio-nfts-aa495cfd2996


RAC Content:
ETH royalties compared to Spotify


RollingStone profile

RAC, the Artist, Producer, and Creator of $RAC — Future 25


Likes the 1/100 NFT drop


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


Thoughts on music NFT metrics


Royal

Jesse Walden write-up on Sound.xyz

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