Advice from experts on why NFTs, livestreaming and social audio have lost steam in recent years.
A character from the Bored Ape Yacht Club NFT collection, whose floor price has declined dramatically.Since the dawn of the dotcom bubble, countless promising tech companies have flamed out shortly after starting up, often dragging investors down with them.asked three prominent music tech advocates to identify the red flags that investors need to watch for and applied them to three sectors once touted as the future but since consigned to the past.
Ultimately, fans were overwhelmed. Bandsintown aggregated more than 44,000 global livestream events from late March 2020 to August 2021 — and once in-person events resumed, demand dwindled. After a wave of consolidation, only a few companies like Veeps, which Live Nation acquired in January 2021, claim to remain popular.
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