Every conference has its magic. Even though it’s not the biggest, NFTSeattle has a unique energy that’s proven to be a driving force for web3. And it’s not just about the museum. The level of knowledge about NFTs from the speakers and attendees was incredible—we ran into so many teams who are pushing the boundaries of what NFTs are and could be.
As always, we had an incredible time chatting it up at the booth, meeting customers, and sharing stories. Here are some of the highlights.
As a more intimate conference than say NFT NYC or ETH Berlin (which were absolutely awesome in their own right), NFTSeattle gave us the chance to dive into deeper conversations with creators of all different types. Here are some of the Pinata-powered projects that we had a chance to connect with.
If you’re getting the newsletter, you know how much we love NiftyLit. Using Pinata’s token-gating API, NiftyLit publishes monthly and quarterly “issues,” offering literary NFTs which unlock each piece of literary work. Writers get paid in USD, earning royalty rates far greater than traditional models.
Vennity brings digital collectibles to the real world. Using Vennity’s platform, any project creator can build a Pokemon-Go like NFT experience that allows for IRL exploration. Everyone loves a good scavenger hunt.
Ever had an NFT sing to you? Sammy Arriaga is a singer/songwriter who uses Pinata to spread his music via blockchain. His first project “METAGIRL” debuted on OpenSea in February 2022, and through the strength of his 384k followers on TikTok, you can bet he’s got plenty of fans waiting on the next collection.
We love telling the Pinata story. Kyle had the opportunity to share the stage with Doc Peace, the first female web3 spoken word artist, where they chatted about his journey as a founder and the importance of resiliency when building in the NFT space. Shout out to every founder steadily building in their mom’s basement. They also chatted about how educational content and tutorials have been so crucial to Pinata’s growth, and why he believes that App NFTs are the future.
Overall, the vibes were impeccable. Great fun, great conversations, and great learning from creators. Thanks so much to the NFT Seattle organizers for putting on a killer event, and for giving us a chance to see how creators (and the city!) are pushing the space forward. We just want the builders to keep on building.
paragraph — The first thing the music industry needs is more exposure. For artists, listeners and yeah, the labels. Even with the use cases mentioned above, the majority of the music industry still sees NFTs as a novelty rather than a legitimate way to run a business. We see a future where the experience is built and monetized on the blockchain, with labels taking part of the experience, as well.
Second, there needs to be a big jump in user experience. Listeners know what to expect with Spotify and Apple Music: a smooth, intuitive experience that lets them listen to Lil Nas X with just a few clicks. Web3 platforms aren’t quite there. Music NFTs and related premium content require extra steps that most people don’t yet have an appetite for.
paragraph — Musician Daniel Allan spent months building a relationship with the NFT community and raised 50 ETH to fund his new album, Overstimulated. Companies like Audius and artists like Vérité's, who raised $90,000 in an NFT launch, are at the forefront of exploring new ways to get paid. Avenged Sevenfold launched an NFT collection called "Deathbats Club" with 10,000 items that grants holders access to benefits such as meet and greets at shows, lifetime free tickets, limited edition merchandise, and more.
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QUOTE — Everyone is obsessed with making money and seeking alpha, which does a disservice to what [NFTs] can actually do. We have been instructing many bands that NFTs are a ticket for access to an exclusive club.” - M. Shadows, Avenged Sevenfold’s lead singer.