Onchain earnings are becoming more accessible by the day.
Zora integrated credit cards and Apple Pay while Fabric announced an accelerator to help five creators earn recurring revenue through onchain subscriptions.
This comes on the back of Drakula sending out their second week of creator payouts and IYK announcing their Creator:Chipped finalists.
We’re seeing a lot more experimentation with custom mints - with many artists dropping songs that you can mint with HIGHER, ENJOY, DEGEN, and others.
This all points towards creators testing new formats to earn onchain revenue. We’re seeing a strong shift towards tipping being the primary source of earnings (on top of mints) and more creators leaning into actions that earn them tips rather than mints.
It’s very in line with the general market shift of free mints and open editions and everyone is trying to figure out what’s next.
There was strong commentary about this on Twitter this week - and we’d love to hear your thoughts on the current state of onchain music in our Telegram chat.
Drop a comment highlighting anything you took away from this newsletter on our Warpcast post and we’ll tip you 1,000 $DEGEN.
Invest in Music is sponsored by Coop Records - an onchain record label.
Coop Records has released 150+ songs onchain and drops daily with songs like:
To share your songs - email demos@cooprecords.xyz.
Or - subscribe to Coop Records Club to have every release airdropped directly to your wallet!
The official afterparty for Farcon just dropped hosted by Coop Records.
Zora Integrates Credit Cards & Apple Pay
Users can now support Zora creators onchain without needing crypto.
Fabric Launches The Hypersub Accelerator
A 4 week program to help ~5 creators start earning recurring onchain revenue.
IYK Announces Creator:Chipped Finalists
Watch the six finalists pitch their chipped goods on Unloney this Friday 1pm EST.
TK Announces ETERNAL GARDEN // ZERO
The GARDEN X genesis project launches on April 22, 2024 via Crowdmuse.
Collect the Invest in Music Pass and join the Collector Chat.
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Tips are the new Mints Top Stories @coopahtroopa.eth Farconcert @zora Credit Cards & Apple Pay @hypersub Accelerator @iyk Creator:Chipped Finalists @tkthelegend ETERNAL GARDEN // ZERO Full coverage ⬇️ https://paragraph.xyz/@investinmusic/tips-are-the-new-mints
Crazy zora got apple pay & credit card Same "charge your account" model as far aster warps
Loved this read …and I must admit, I’ve been unable to get off FC as the the tips keep pouring in. It’s addicting in the best way and I truly believe it won’t be long before it’s the onchain way of life - quick, easy, and at your fingertips. No hassle & no third party means higher revenue for creators!
My biggest takeaway: the possibilities to monetize on chain are endless, and we are just scratching the surface Makes me really excited because it’s actually proving the point that crypto is enabling so many people to be able to live off of their art
Mztacat with the alpha!!
Hi, I come from substack. What I took from the newsletter is that artists are so resourceful, tipping is a great thing for artists, value creates value. It's worth pulling artists into web3, where they have more opportunities than in the web2 world.
Loved this article from the newsletter. I appreciate how you are sharing your observations through the lens of music while also making the concepts applicable to all artists onchain. Each new mint is expanding my mind as to how artists can thrive in this space ✨
Tipping is definitely the new wave, also didn’t know that Zora introduced CC payments.. nice!