The next narrative? Music rwa`s?
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The next narrative? Music rwa`s?
We are in a bull(?) run in crpyto since 3-4 months. But this run has a difference with previous ones. We didnt see a up move whole crpyto & web3 at same time. We saw up moves as part.
Some examples;
- Ai
- Rwa(especially finance)
- Game fi
- L1
- Nft`s
what`s next? I think Music rwa`s
At Q2 of 2023, we saw some new players in this sector.
- Music giant Limewire has deployed $LMWR token on Ethereum Mainnet. They have raised $10.4M in private sale rounds.
- $Gala is a popular token of space. Players of Gala at gaming sector.(almost 1b marketcap) They have joined Music sector with Gala $Music. Ioe was on early december 23.
- Audius ($Audio) is one of first player of this sector. They have raised $9.25M at H3 of 2021.
Famous artist could light the fuse?
Music cryptos have a huge potential for marketing. A lot artist can reach to millions of people easily. This can make easier one of the most difficult part.
Considering what I wrote here, Music Rwa`s could be next big thing?
We`ll see...
Note: This is not a blog about financial advice. Crpytocurrencies are volatile assets. DYOR
thx blokolok :)