The Competition

This analysis will consider the largest web3 music platforms with the most established user bases.

Audius

Audius is the largest web3 streaming platform, reporting more than 6 million monthly active users in 2021. It is focused on promoting decentralization and improving fan engagement. Emergent behaviors include a unique remix competition feature.

Opportunities for Bluetail

• Audius is not an NFT-native platform, meaning it does currently not take advantage of automated royalty splits.

• The Audius token is created primarily to reward node operators and incentivize, not creators.

• Token inflation is significant; seems geared towards participation rather than capital gains

• Monetization on Audius is not live at the time of this writing.

Gala Music

Gala Music is the music arm of Gala Games. It boasts a partnership with Snoop Dogg and other notable music frontmen.

Opportunities for Bluetail

• Gala curates all music uploads. Currently, only a few creators are selling material within the Gala Music network.

• The only opportunity to make money within the Gala Music ecosystem is as a node owner ($2,500/node at time of writing).

• Uptime for the Gala network holistically has been spotty.

• The Gala Music node network is not live at the time of this writing.

Royal

Started by notable disc jockey 3lau, Royal allows creators to sell royalty rights in singles to fans/investors.

Opportunities for Bluetail

• dammit

• dajl

Opulous

Wow

Opportunities for Bluetail

• wow

• wow2