Crypto advocates see NFTs as a way to revitalize music ownership in the streaming era, and startup Vault is taking a particularly unique approach: using limited edition live concert recordings to revive the classic concept of “cassette culture,” and potentially benefit indie artists in the process.

Beginning this week, Vault’s “Cassette Culture 3.0” initiative is offering weekly drops of live recordings from underground and independent bands via its Solana-based NFT music platform. It’s designed to recall the approach by bands to create and distribute amateur recordings via cassette tapes to help build a following.

As it stands, 10 live recordings from bands performing at iconic New York venues including Baby’s All Right, Bowery Electric, and The Brooklyn Monarch are available to purchase as music NFT albums, with over 30 more artists already confirmed. Artists like Sid Simons, Sum Sun, and Charlotte Rose Benjamin are part of the initial lineup.

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Author: Ali Shutler

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