Web3 was all the hype until the FTX collapsed and AI became the industry’s main focus. Meanwhile, there is still much innovation in the Web3 space and its potential for music is still mainly untapped. The Web3 Music Association was also launched a few months ago, a number of indie labels in the UK enthusiastically joining from the start. Where do we stand now on Web3 in Music and will its adoption stagnate or accelerate?