A recent project called Tunes used AI to generate 5,000 unique NFTs. Theyâre songs, or rather, shells of songs – missing artwork, audio and an artist. Thatâs intentional. They serve as prompts for people to iterate on, tapping into a recent trend in the NFT space popularized by another project called Loot. Letâs dive in.
Loot
At the end of August an NFT project called Loot dropped. People could claim Loot NFTs for free by minting – only paying for the gas cost. Like NFT avatar projects, people did not know what they would get exactly after minting. Unlike other NFT projects, Loot was stripped from everything except text.
After minting, youâd get a list of gear. Text in an image. Thatâs all.
People loved it, because it felt like an invitation to imagine what you could build from this starting point. Quickly, an ecosystem emerged around the project.
Adventure Gold created a token to set a standard for projects building on Loot in the future. Role creates characters which can equip the Loot. Realms attempts to map out a world for Loot to exist in. And there are many other projects.
Mirror, the writing platform this article was first published on, ran a similar project called Heroes which would create randomized pen names and identities: text-only.
Itâs different from many other NFTs, because instead of selling you something that is finished, you get the building blocks. Since everythingâs on a blockchain with smart contracts, everyone can plug in and start building and expanding the project.
What if this idea was applied to music?
Tunes
Tunes started with a similar premise. 5,000 possible songs to mint for free, but without audio, cover art, or an artist. Building blocks.
A bot called Artunist was set up on the projectâs Discord to generate artwork. People can submit the ID of the NFT they minted and then get artwork generated for it. The results are impressive.
The project has since expanded to include âSongs for Tunesâ which combines the generative artwork with artists and the music they made, with some being sold as NFTs for 1ETH ($3000~ at time of writing) like this beat by oshi or this song generated by the AI band (Twitter).
New games, new economies
The reason why Iâm highlighting these projects is to show that there are new games to play, completely new avenues to explore. From the outside, the crypto space mostly gets attention for financial aspects while the cultural aspects donât get picked up properly. When they do, itâs almost always in a financialized context⌠If an artist drops a new release on Spotify, we donât say âArtist X is releases album on streaming service that raised over $2.1B in 18 roundsâ yet thatâs exactly whatâs happening in the web3.
The actual exciting part is not really the money. Itâs that anyone who perseveres can spin up a new project that can tap into any other project connected to the same blockchain. In that sense blockchains with smart contracts like Ethereum are global computers for us all to utilize. The web3 is iterative and music culture in the space is starting to embody that principle.
The first music artists who will never bother with the contemporary streaming landscape are likely already here, experimenting in the web3 and trying out other modes of collaboration, community-building, and are starting to make a living by doing so.
And to put it in Thanakron Tandavasâ words: thatâs fucking cool.