The Collector’s Guide To Music NFTs: Owning vs. Patronage

Mint Season 4 episode 30 welcomes Justin Blau, who’s an American DJ, electronic dance music producer, NFT pioneer and one of the most cited and recognized thought leaders in web3. Justin is on mission to revolutionize the music industry. He’s been on this path for years now, but more recently started Royal.io where musicians sell royalty ownership in their songs and give collectors access to special perks via NFTs.In this episode, Justin shares his insights on:00:00 - Current state of music NFTs13:10 - Fun fact: most audio files do not live on-chain19:07 - Why do people care about owning or collecting NFT songs?31:20 - What traits go into valuing ownership-based music NFTs?35:31 - Web2 data used to value a Royal.io drop42:16 - What is an LDA: Limited Digital Asset49:30 - Music NFT price psychology52:23 - Justin’s thoughts on what will eat web359:04 - Outro…and so much moreI hope you enjoy our conversation.3LAU: https://twitter.com/3LAURoyal.io: https://twitter.com/join_royalLearn more by visiting: https://adamlevy.io/mint---------------------------------------------------------------------------Claim your FREE Listener Badge NFT proving you listened to this episodehttps://adamlevy.io/poap-season-4---------------------------------------------------------------------------Support Season 4's NFT sponsors1. Coinvise - https://coinvise.co/2. Polygon Studios - https://polygonstudios.com/---------------------------------------------------------------------------Sign up for Adam Levy's newsletterhttps://levychain.substack.com---------------------------------------------------------------------------Follow Adam Levy on social media:Twitter:https://twitter.com/levychainInstagram:https://www.instagram.com/levychainLinkedIn:https://www.linkedin.com/in/levy-adamWebsite:https://adamlevy.io