A 2024 State of Web3 and Music
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- Опубликовано: 11 сен 2024
- Wondering why the buzz around music NFTs seems to come and go? Want to know what's behind all the hype about web3 and the music industry? A lot has happened in the last few years...
In this episode of Creative Juice, Jack grills Circa on the latest developments at the crossroads of blockchain technology and music! Dive into the recent changes in web3, AI disruption, why blockchain became so attractive to the music industry and uncover the REAL reason web3 has become a hot topic in music!
If future tech, monetization, NFTs, and the metaverse catch your interest or baffle you, this episode is a helpful primer on the basics of web3 and predictions of its future in music!
DISCOVER:
What Is Web3 and How Does Blockchain Technology Play A Role In The Internet
Why Blockchain Became Attractive to the Music Industry
The REAL Reason Web3 is a Hot Topic in Music
How Web3 Has Changed Over Market Cycles
What The Future of Music NFTs Looks Like
RESOURCES:
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super interesting concept and excited to take notes on this one. as an advocate for the crypto space and independent music, id love to learn how to use web3 as an advantage as a musician
Really is the greatest podcast in earth 🤘
You guys are incredible, im sitting waiting for every vid
I appreciate not only the explanation & insights here, but also the CLARITY you guys conveyed it with - much appreciated!
Damn the government was looking for a solid physical investment to back the value of the dollar? That’s crazy
Yep crazy
Do you guys even know of ICP Internet Computer protocol?
@yushiroske lol yes I built rooms in it on day 1
I thought in another video you explained that the music industry when adjusted for inflation was actually worse. So how would this be an inflation hedge? Or why would it be a place someone would think to put their money? I get that it’s an asset, but if inflation adjusted returns is worse than the asset can produce, then why think about investing in it? Speculation?
it's not an inflation hedge - money printing is stimultive to risk assets by nature
@arketing Can you clarify what you mean? at around 12:00 to 12:50 you talked about people were looking for places to put their money since it is worth less. You did mention tangible assets including art work and music catalogs in there insinuating that its a place to retain its value being an inflation hedge. I get the blockchain side being speculative for now. It just seemed like it was being looked at as a new potential physical asset?
dollar inflates because more dollars being printed equals more debt being issued at lower interest rate
this is stimulative for all risk assets
is not inflation hedge; inflation and rampant speculation just go hand in hand
I never see the promised links to previous episodes etc, in the show notes… am I missing something…
check the website indepreneur.io/podcast
@@musicmarketing thank you!
There's no way inscriptions are going to help digital content. You can still copy data that is a game, song etc, and you don't lose utility of the file....you would need intellectual property law enforcement to make inscriptions effective to prevent what we have now which is piracy.
inscriptions can adequately decentralize proof of history in a way that IPFS and the Copyright Office cannot, so yes inscriptions can impact the function of intellectual property
ok so what problem is that actually solving? maybe some content creators (RUclips/Tik Tok) don't get DMCAed when they use a song? It doesn't solve piracy or ensure creatives get paid effectively.
@caseyjones3522 oh to be perfectly clear, there is no web3 application that solves any real world problem besides stablecoins and maybe payment gateways.
But that won't stop it from being a thing that people try to do and speculate on.
@caseyjones3522 if you want an actual use case for the music industry check out our interview with PaperChain in 2022
@@musicmarketingok just wanted to make it clear that there's no real use for it changing the way content is distributed on the internet for the masses.
god tier shilling 🫡
hashgraph.....hbar