André Allen Anjos, who is better known as the crypto-friendly artist RAC, and David Greenstein, co-founder of Sound.xyz, a web3 music platform, analyze the current state of the web3 music scene and discuss how artists can leverage web3 tools to get paid at fair market value for their art. Show highlights:RAC’s experience in the traditional music industrywhy David believes music is the most undervalued sector in the world – and how Sound and crypto can help value it correctlythe different types of NFTs with which musicians like RAC are experimentingwhat Sound.xyz is and how it is helping artists unlock their fanbase and communitywhy David is so passionate about creating a social experience when it comes to music NFTsSound.xyz’s decision to allow artists to deploy their own smart contractswhat RAC has made in NFT drops compared to Spotify streamswhy Sound.xyz was built with “editions” as the most common format for NFTs sold on the platformwhat makes blockchain technology well-suited for the music industryRAC’s crypto adventures: $TAPE, $RAC, and more …how the famous “Amen Break” sample would work as an NFTwhat artists will be measured by in the NFT world Thank you to our sponsors!Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021     Coinchange: https://coinchange.io   OnJuno: https://onjuno.com/  Episode Links David GreensteinLinkedIn: https://www.linkedin.com/in/davidgreenstein/Twitter: https://twitter.com/dgreenstein1?lang=enRACTwitter: https://twitter.com/RACWebsite: https://rac.fm/Crypto AdventuresRAC Token https://etherscan.io/address/0xc22b30e4cce6b78aaaadae91e44e73593929a3e9 https://v2.info.uniswap.org/pair/0xf744417d0a5fd18b5b18726ce1b48f931dfa32eahttps://blog.ourzora.com/home/introducing-rac https://www.billboard.com/pro/rac-nfts-social-token-platform-racos-web3/Music NFTs (w/ Sound.xyz embeds)https://rac.fm/nftsDiscordhttps://discord.com/invite/racTokenized cassette tape https://www.theblockcrypto.com/post/64760/ethereum-tokenized-cassette-dj-rac-zora-grammySound.xyzWebsitehttps://www.sound.xyz/FAQs https://soundxyz.notion.site/soundxyz/Frequently-Asked-Questions-1-0e39e44edccb42f8b3c3ca5d93c703a9Recent raise https://techcrunch.com/2021/12/15/sound-xyz-raises-5m-from-a16z-to-explore-how-web3-can-upend-the-economics-of-the-music-business/Recent drops that are funBored Ape Yacht Club Band Learn more about your ad choices. Visit megaphone.fm/adchoices