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This week, Cooper Turley, creator of the onchain record label Coop Records, kicked off a wave of debate in the NFT scene by arguing that the original paradigm of music NFTs had failed.
Of course, there are a few things to parse here:
Regarding that first point, I do think NFTs as basic MP3 files (many of which may prove temporary via IPFS) aren’t compelling as a distribution avenue if they aren’t 1) wrapped up in a larger interesting project, or 2) aren’t used in more expansive ways.
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