See other companies on Welcome to the Jungle
Mint Songs
Music NFT Marketplace
- 1-20 employees
- B2B
- Music
- Trading
- Entertainment
- Blockchain
- Community
- Web 3.0
- Embassy Row, Washington, DC
Jump to section
Company mission
Mint Songs' mission is to explore platforms in web3 and Music NFT space.
Our take
The rise of NFTs has opened up new monetization avenues across the digital content space, and could prove especially useful in the music industry. The dominance of streaming giants has meant artists are making relatively little in streaming royalties, and losing ownership over their audiences. The idea is that combining music with NFTs will help these artists win back control.
Mint Songs is one of the music NFT marketplaces looking to lead the charge. Through the platform artists can mint, sell, and trade NFTs of their music for free, whilst their fans can gain full ownership of a copy of the song and support the artist in the process.
This fairly simple offering may need embellishment, however, in a space that’s getting more competitively complex. Rivals OneOf and Soundmint are both allowing artists to bundle up additional perks and access benefits into music NFT sales, for example. This is likely to help generate a marketplace that is sufficiently distinct from and richer than existing music sales platforms to justify the steeper cost of NFTs. If Mint Songs is shooting to be a part of the ecosystem, the company may need to get richer with its offering.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Fully paid parental leave
- Health, dental, and vision insurance
- Flexible, unlimited vacation
- Health + wellness stipend
- Meaningful equity in the company
Company values
- Set New Paradigms. Our mission requires us to navigate through a new space. We start from first-principles to be different, creative and persistent. Big or small, we are creating the new norm
- Build Collectively. We are one team with one single mission - redefining the music industry. We unite in our passions and collaborate with optimism, integrity and trust
- Never stop learning. In building a new product in a relatively new world of crypto & web3, we actively learn from our community, educate ourselves and others, and celebrate the victories and struggles that are a byproduct of these processes
Funding (1 round)
Oct 2021
$3m
SEED
Total funding: $3m
Leadership
Dwight Torculas
(CEO)Previously co-founded crowdfunding platform Smoothie Fund and music video platform CHNL. Also spent time as an investment associate at AAF Management.
Garrett Hughes
(CTO)Owned and operated their own web development and photography studios. Then moved into various software engineer roles at Housecall Pro, and co-founded CHNL.