web3 music in 2023: experiments, communities… and weirdness

Speakers at a Music Ally NEXT web3 panel, moderated by Neume maintainer Dan Fowler, argued that the NFT downturn is a chance to recalibrate web3 music around real fan utility and sustainable community-building rather than quick drops. Charlotte Caleb and Katherine Bassett said artists should integrate web3 strategy into their careers, with Bassett noting that the labour involved in community work often outweighs the returns. Vaughn McKenzie-Landell said web3 has no single dominant format, and Bassett warned against adopting web2 metrics such as the number of collector wallets.