The Week in Web3 Music Featuring Obie from RCRDSHP // 08-01-2022

Quick summary: An interview with Obie from RCRDSHP, 12 music platforms you need to try, the Audius post-mortem, and music NFTs as the next big thing.

"Welcome to The Music NFT Show with J. Thorn - The first weekly news podcast dedicated to all things music in web3. Let's f*****g go!"

Special shout out to our partner, NFT Plazas - No#1 NFT News Website Dedicated to Supporting the Expansion & Mainstream Adoption of NFTs, Decentralization and the Metaverse. News, Events, Advertising and Much More. Established in 2018.

Artist Spotlight featuring Q (my beautiful daughter)

MG-Digital Heart by Sammy Arriaga #698 - METAGIRL (Digital Hearts)

Special Shout out - Karma Head NFT project

• Twitter - @karmaheadnft
• KARMA HEAD - https://www.musicmothership.xyz/karma-head

Obie from RCRDSHP

• Twitter - @obie
• RCRDSHP - https://app.rcrdshp.com/

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MNFT News

• 12 Music NFT Platforms You Need to Try Now - “This year has so far proved to be a very fruitful time within the music NFT ecosystem. The overall interest in the technology is increasing and the communities of music artists and CryptoArt collectors are growing at a rapid pace. These processes are also reflected in the amount of new music NFT platforms and the variety of offerings, approaches and long-term aims they have. As a result, we have decided to update and extend our list of The Best Music NFT Marketplaces and cover more music NFT-oriented platforms.”
• Audius Governance Takeover Post-Mortem - “On July 23, 2022, the Audius governance, staking, and delegation contracts on Ethereum mainnet were compromised due to a bug in the contract initialization code that allowed repeated invocations of the initialize functions. The bug allowed an attacker to maliciously transfer 18MM $AUDIO tokens held by the Audius governance contract (referred to as the “community treasury”) to a wallet of their control and modify dynamics of the voting system to illicitly change their staked $AUDIO amounts in the network.”
• The Next Big Thing in NFTs: Selling Them for Peanuts - “The pitch to fans: Support music or art out of goodwill, in exchange for a sense of ownership or patronage.”

Thanks for listening to the Music NFT Show. Make sure you go to MusicNFTShow.com to get your free POAP for the first 100 listeners!

Got news? Submit news stories or recommend artists for the Artist Spotlight by tweeting @JThorn_ or using the hashtag #musicnftshow

Music by G3ARZ

[Please note: Nothing on the show is meant to be investment or financial advice. Do your own research. Some of the links are affiliate links which means I make a small percentage of a sale if you buy through the link. I use everything I recommend myself, and only recommend those I trust. However, you can always Google them if you don't want to use my links. LFG!]