Music Web3 Funding Decreased 51% Between 2021 and 2023 — Where Does This Sector Stand In 2024?

During 2021 and 2022, capital rushed into non-fungible token (NFT), cryptocurrency/blockchain, metaverse, and wider music Web3 startups in the music industry. But how are these businesses faring amid dramatic funding and market changes? Following the hype surrounding music Web3 startups and their vast capital raises, how are these companies doing? With a quick-moving media cycle […]