This post was originally published when Catalog launched on March 9, 2021.
We’ve moved it to Mirror to live with our other entries.
What we are
Come to Catalog to press, trade and listen to one-of-one digital records — artist certified, provably authentic works. Artists instantly receive 100% of sales, plus a self-selected share of every resale, without relinquishing their copyrights. Fans can trust what they’re buying is genuine because we verify every artist. Catalog records remain available and intact on the blockchain, even if our platform goes away.
Catalog launched just over five months ago. Since then over 100 independent artists have earned almost $215K selling records... and we're just getting started. We're checking in with an update on where we've been and what's next.
Progress so far
107 independent artists have joined Catalog and pressed one-of-one digital records, releasing and earning from their music completely independent of distributors and DSPs. Artists on Catalog have collectively earned 100% of the $213,234 (ETH & DAI) spent on their music so far.
Beyond simple record sales, Catalog has helped some of web3's strongest creators build their own ecosystems. Whether it's SONGCAMP exploding the edges of web3 x music, Leaving Records experimenting with new models for independent labels, or Devonwho pressing and selling five separate records at an average price of $1,400, Catalog is proving to be a valuable minting and curation layer for music on Ethereum. We're eager to continue supporting artists, DAOs, labels, and collectives as they use Catalog to explore this space.
Hosted auctions are live on Catalog, allowing labels, DAOs, artists, and fans to champion musicians they love and share in the upside through on-chain revenue splits. Although we expect most hosted auctions to be pre-coordinated in the early days, any artist or record owner can send a host request to any Catalog account or Ethereum wallet address. We're using Zora's open and permissionless Auction House, which means hosted auctions on Catalog may also exist outside our platform, such as a label website or DAO NFT gallery. We hope this tool helps establish a better pathway between talented artists and curators with the platform and passion to spotlight them.
How does it work?
- An artist or record owner creates an auction request by selecting a host and inputting a host share.
- Offers are disabled while the request is pending and it can be cancelled at any time.
- When the host accepts a request, the record is displayed on both profiles and becomes available for bidding.
- After the auction ends, all parties automatically receive their share of the sale.
Last month, a group of artists met for the first time on a chaotic but joyful Catalog orientation call. They had the option of dropping their debut Catalog records in tandem or whenever they wanted. The group overwhelmingly voted to move forward together. Enter the inaugural Catalog Community Week, just the latest foghorn-blaring signal that there’s a new golden era brewing in the ether.
This time around, that signal carried the transmissions of megiapa, Mark de Clive-Lowe, Starkey, Adder, Bozo Nightmare, GREGNWMN, 30exp, Death Hags, Gavin Gamboa, 0x-Jitzu, Christopher Stracey, trey willis, Xcelencia, Lafayette Stokely, and Vitalii Dominichenko. In other words, lots of globetrotting, jaw-dropping, playlist-puzzling sounds, from soloist piano pieces that reinforce links to ancestral homelands to fuzzy 808s underpinning ingenious punchlines (“I’mma jump from the rooftop, land right on top of the forecast”), all shared between June 21 and June 27, 2021.
Just days before the Catalog Community Week kicked off, we were voted through Mirror's pearly gates. We decided to hold off on publishing until now, using our first post to unify the special songs that came out and spotlight the people behind them, in their own words. It features lots of context direct from the source(s), an easy means of supporting everyone involved via direct patronage, and a bit of backstory. Let’s start with how we got here then get to the good stuff (the play button).