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Under the Hood of Music NFTs with Cooper Turley | Overpriced JPEGs #38
Bankless
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On this episode of Overpriced JPEGs, Carly welcomes music NFT expert, advisor, angel investor, curator, co-founder of Friends with Benefits, and did we mention music NFT expert(?!) — Cooper Turley.
Cooper, also known as Coopahtroopa, has shaped music NFTs from their infancy and is building toward onboarding the next wave of Music NFT artists, curators, builders, and investors. However, are music streaming platforms ready to support the Justin Biebers, Taylor Swifts, and Post Malones of the world?
Cooper shares his thoughts on everything from why music NFTs haven’t taken off as jpegs have yet, to the core problems with the legacy music industry, to the future of music NFTs, and everything in between. We hope you enjoy!
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Timestamps:
0:00 Intro
2:17 Music NFT Categories
5:15 Why Music NFTs Haven’t Taken Off
5:51 The Main Catalyst
7:25 Why Music NFTs Will Work
9:00 Generative Music NFTs
15:10 Music NFTs Push Back
16:25 The Evolution of Music NFTs
18:55 Investing in Artists’ Career
20:55 Problems with TradMusic
27:46 Monetizing Music & Audius
36:55 The Future of Record Labels
41:22 Meta Stars vs. IRL Stars
44:04 Audius Numbers & Growing Collectors
46:48 The Next Chapter of Tokenized Media
48:03 Audius Technical Details
49:23 SoundCloud Rise, Fall, & Takeaways
52:10 The Role of Curators
54:36 The Next Wave of Adopters
55:22 The Chainsmokers, Consistency, & Cash Grabs
58:58 Cooper’s Advice to Artists & 100 Super Fans
1:01:43 Regulatory Landscape & Music NFTs
1:03:55 Creator Stock Markets & Closing
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Resources:
Cooper Turley on Twitter
https://twitter.com/Cooopahtroopa
Cooper’s Newsletter
https://thisweekinmusicnfts.substack....
Audius
https://twitter.com/AudiusProject
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/b...
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