Tips are the new Mints
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!
Top Stories
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.
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