The Role of Free Mints in Music NFTs

Offering free mints in the music NFT space raises critical issues surrounding value and artist sustainability. Artists have often worked for free and have been trying to earn a living through various means, so introducing free mints can undermine the perceived value of their work. Many platforms promote free mints for the sake of appealing metrics, like the number of sales, rather than considering the loyalty and long-term support from collectors and fans. Establishing a loyal fan base is essential, and selling works for a small fee ensures that genuine supporters engage with an artist's work rather than just casual collectors.