How the Music Industry Is Being Redefined by Web3

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" summary

Claims that NFTs are best used as membership tokens and new artist financing replace advances, backed by a concrete onboarding tool that lets fans buy an NFT with phone-and-email onboarding and credit card in minutes, plus a OneOf partnership with the Grammys and an NFT pass product. Concrete numbers include 22 million songs a year flooding Spotify. Work underway: tokenizing royalty streams and royalty accounting on-chain to trace payments, plus hybrid wallets that let creators export to self-custody at their own pace.

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" chapters (15)

1. 0:00Introduction
2. 3:13Web2 to Web3 in music
3. 5:17Crypto and music infrastructure
4. 7:42Advice for musicians in Web3
5. 10:13Making Web3 tools accessible
6. 12:19Skepticism about Web3 music
7. 14:45Why Web3 matters for artists
8. 17:12Avoiding inequities in Web3 music
9. 19:58Energy and blockchain in music
10. 22:26Music NFTs: past and future
11. 23:30Community models in Web3 music
12. 25:15Scaling fan engagement
13. 26:39Practical steps for artists
14. 28:50Onboarding fans simply
15. 29:52Closing and Q&A