The Best Music NFT Marketplaces (2024)
This article will take you through the best music nft marketplaces Today, and what they have to offer.
These Web3 platforms display, organize, and facilitate the buying and selling of music NFTs for artists and collectors.
By the end of this article you’ll know the top NFT marketplaces currently in the Web3 music industry and how you can utilize each.
Continue reading to learn about the music NFT marketplaces you should get used to.
WHAT IS A MUSIC NFT MARKETPLACE?
A music NFT marketplace is a platform that allows you to buy and sell music NFTs. Artists and collectors can mint and/or list their NFT on the marketplace with the intent of selling it to other interested parties.
Some marketplaces feature many types of digital art, including music NFTs, While other more niche marketplaces focus solely on music NFTs and Web3 music artists.
The Best Music NFT Marketplaces & platforms
Zora
Zora is a Web3 music platform where anyone can buy and sell NFTs. Mint photos, audio, or video, Zora can do it all.
They incentivize platforms to build on the protocol, as it never goes down, it’s composable, immutable, universally accessible, and censorship-resistant.
Many have taken them up on that and it shows, as - Catalog, Artiva, Mirror and many other notable platforms use Zora’s protocol.
Catalog
Catalog offers a more music focused and curated experience. Catalog enables artists to mint 1/1 editions of their songs, and fans to discover and engage with them.
Artists must apply and be accepted into Catalog’s marketplace, but once you’re in, you’ll be exposed to an engaged and dedicated audience who will appreciate the music you have to offer.
Royal
Royal is a music NFT marketplace that allows you to invest in music and share royalties.
Created by artist, 3LAU, Royal enables anyone to own a piece of their favourite music and earn music royalties alongside their favourite artist.
If you’re an artist on the Royal NFT marketplace, you can decide what percentage of your songs’ royalties you would like to list for sale.
Dequency
This is a really intuitive Web3 music platform with a focus on Sync. (synchronization) licensing.
Dequency connects visual creators with audio creators to collaborate and create new NFT art. Music artists can use Dequency to host their catalogue, while visual artists can search through genres, artist names and other filters, to find and license music directly from the artist (rights owner), to use legally in their projects.
If you’re looking for sync. opportunities for your music or to mint a sync. license for your visual project, this music NFT marketplace all you need.
Sound
This music NFT platform is more mainstream and has grown to cater to the top artists in the Web3 space.
On Sound, artists are able to host listening parties where fans and collectors can show their early support through an NFT.
The NFT allows holders to own a moment and leave a public comment solidifying their early support.
As of now, they require artists to submit an application and be approved before they can host their own drop.
Artiva
Build your own custom NFT marketplace with Artiva.
Artiva is a music NFT platform that allows you to create your own NFT marketplace with no coding experience required. This is great if you’d like more stylistic control over how your music NFT collection is displayed.
With custom tools and flexibility, Artiva allows you display your music NFTs in creative ways, and fully customize the look of your marketplace. You can choose to display your collection or make your collection available for auction.
Decent
On Decent, artists can split royalty percentages on a particular song with fans and collectors.
This music NFT marketplace starts with artists uploading their song to the platform, and choosing what percentage of royalties they would like to share with their fans.
Artists can then release music NFTs which represent their uploaded song, fans can then purchase these music NFTs to support artists and also receive the pre-set royalty splits attached to the song.
Glass Protocol
Glass protocol is the go-to video platform. Stream music videos from your favourite Web3 artists and find new something new.
As an artist, you can mint your music video as an NFT and enable it to be owned or traded by fans and collectors. Videos are currently being minted on Ethereum, but the team is supposedly working on supporting Solana.
Noizd
Africa’s music NFT marketplace does things a bit different, they only sell unreleased music.
With Noizd, artists are able to create music NFTs and give their collectors even more. Collectors are able to browse unreleased music and purchase an NFT which may include access to digital goods or - rights, audio stems, vocal tracks, quality images, etc.
Show early support to a new artist or new songs and get access to more than just the finished product.
Foundation
This platform could not be left without mention, but is an NFT marketplace which hosts a wide variety of art, and not as focused on music.
Built on the Ethereum blockchain, Foundation is an NFT marketplace built on curation and building culture. As they have recently ended their invite-only structure, any artist can now release digital assets on the platform.
Opensea
Opensea is the largest NFT marketplace right now. It’s a great place to browse all types of NFT collections across chains, and purchase them on the secondary market.
It is also an easily accessible music NFT marketplace. Since there is no application process, you can get started and mint your own music NFT today.
Rarible
Another one of the earliest and more popular NFT marketplaces hosting music is, Rarible.
Available for anyone to use, Rarible facilitates the buying and selling of various NFT types such as - audio, video, image, & more.
SuperRare
This is a sleek NFT platform providing rare NFT art from curated artists in the Web3 space.
SuperRare features some of the highest quality digital artwork and talented artists. Although at the moment, in order to sell on SuperRare you must submit an artist profile and be approved first.
Nifty Gateway
Nifty Gateway is a user-friendly and custodial marketplace, where all NFTs are stored in Nifty Gateways secure wallet.
This allows users to buy and sell NFTs without needing to use the blockchain, and therefore, removing the need to pay gas fees.
Oneof
OneOf aims to connect fans and collectors with their favourite artists, athletes, and brands.
It is easily accessible to everyone as you can either use crypto, debit, or credit card to purchase NFTs on this marketplace.
OneOf also prides itself on being able to offer NFTs on energy-efficient blockchains, as it’s built on Polygon and Tezos. This also means you pay $0 in gas fees.
Final Thoughts
These are the best music NFT marketplaces and Web3 music platforms in 2022.
They’ve been leading the way with consistent innovation and growth regardless of it being a bear or bull market, as well as showing great signs of a strong community and long term viability.
Is there a music NFT marketplace I’m missing that should be here?
Drop a comment with suggestions or questions below