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 [email protected].
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
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