Under the Hood of Music NFTs with Cooper Turley | Overpriced JPEGs #38

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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

------ Resources:

Cooper Turley on Twitter https://twitter.com/Cooopahtroopa 

Cooper’s Newsletter https://thisweekinmusicnfts.substack.com/ 

Audius https://twitter.com/AudiusProject 

----- 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/bankless-disclosures