Great article. I think that the old world brought a curated bunch of musical artists that were promoted to great success. I doubt that the Crypto transformation of the music industry is going to offer a valid alternative to traditional music releasing. While it may offer freedom and the ability of anyone to try to become a musical artist, it will become inundated with mediocrity. For as long as there has been the patron/artist relationship, there was always an arbitrator of talent. The masses do not know how to identify that. Crypto music success will be defined by “hype.” Which fades quickly. True sustainable value will continue to be built by traditional entities, albeit using new blockchain technology.
Good write up but surprised that you didn’t mention RCRDSHP. Millions in sales, thriving community and secondary market, and more than a hundred well-known EDM artists/brands signed up. Running on Flow, the greenest most consumer-friendly blockchain out there.
Really great article. How do you see the interaction with the existing streaming platforms evolving? If artists don’t monetise via royalties do the steaming platforms still exist for promotion and audience building but monetisation happens in the crypto native spaces via other means? Or how do you think independent artists will think about growing audiences if there is a relatively low ceiling on the crypto native spaces?
Dan, fantastic article—I love your roadmap and the metrics by which to measure progress. As a UX strategist/designer, I couldn't agree more that there is considerable work to be done before it can go mainstream. I'm excited to contribute on that front.
Great article feel like glass.xyz is like a youtube approach
Great article. I think that the old world brought a curated bunch of musical artists that were promoted to great success. I doubt that the Crypto transformation of the music industry is going to offer a valid alternative to traditional music releasing. While it may offer freedom and the ability of anyone to try to become a musical artist, it will become inundated with mediocrity. For as long as there has been the patron/artist relationship, there was always an arbitrator of talent. The masses do not know how to identify that. Crypto music success will be defined by “hype.” Which fades quickly. True sustainable value will continue to be built by traditional entities, albeit using new blockchain technology.
Good write up but surprised that you didn’t mention RCRDSHP. Millions in sales, thriving community and secondary market, and more than a hundred well-known EDM artists/brands signed up. Running on Flow, the greenest most consumer-friendly blockchain out there.
Really great article. How do you see the interaction with the existing streaming platforms evolving? If artists don’t monetise via royalties do the steaming platforms still exist for promotion and audience building but monetisation happens in the crypto native spaces via other means? Or how do you think independent artists will think about growing audiences if there is a relatively low ceiling on the crypto native spaces?
Dan, fantastic article—I love your roadmap and the metrics by which to measure progress. As a UX strategist/designer, I couldn't agree more that there is considerable work to be done before it can go mainstream. I'm excited to contribute on that front.