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RE: Streemit Radio - Decentralized Music

in #music8 years ago (edited)

the whole concept PeerTracks is presenting with the concept of artist tokens - like issues artist in the stock themselves - is definitely a game-changer.

expansion in progress.

there's opportunity beyond just selling music and traditional routes of income generation for artists, with the whole crypto game. look at Steemit, for example. as a writer - I've made some decent money. but I've also been earning "stock" in the company that can serve as an ATM for years to come...

what's to say the model couldn't be duplicated, catered more to musicians & artists...

if they've already got a fanbase - the value they could create by leveraging their network, bringing it onto a new platform could have value that'd serve to profit them in the long term - as well as the platform providing access to a new listenership and new forms of income...

not everybody may want to pay a dollar for a song... but what's it costing any of us here to click to upvote anything here??

same model could be duplicate to music...

and the artist tokens... I can't even fathom the full possibilities at this point...

lots of different collaborative possibilities as well... i.e. a platform fusing elements of these different existing ones - throw in decentralized co-creative studios like Splice or Skytracks - on which various artist could collaborate in a project, potentially tracking each's contribution... putting up loop packs or sound patches, throwing a digital license into the blockchain to be tracked for micropayments from any other artist using it...

too much to think about all at once, without some good psychedelics... lol :-)

nice job on starting this discussion, Ben. the gold is in the comments...