Antonio García Martínez
@antonio
Can Farcaster, the protocol not the current app, handle video? Related: What's keeping someone from building a Web 3 version of TikTok?
15 replies
0 recast
0 reaction
nicole
@nicole
saw something about web3 tiktok from @alexmasmej.eth today https://twitter.com/alexmasmej/status/1574858508708630535
1 reply
0 recast
0 reaction
$ALEX Masmej
@alexmasmej.eth
Thanks Nicole! @antonio: TikTok can’t go into web3 because of music IP mostly We at Showtime are trying to do it, but it’s mostly images still. Video is a little harder to implement well, and NFTs are seen as either drops or badges, less so “media content”.
1 reply
0 recast
0 reaction
Antonio García Martínez
@antonio
Ah....but someone could clone TikTok on web 3 I assume? The music IP thing is interesting and something I wouldn't have thought about.
2 replies
0 recast
0 reaction
$ALEX Masmej
@alexmasmej.eth
Yes, they rely on licenses (not sure whether streaming or labels) that is illegal to web3-ify. This is why web3 music is original content and/or indie artists.
1 reply
0 recast
0 reaction
Adam
@adamaziz
They have deals with labels now, but in the early days (maybe back when it was still musical.ly), I believe they were able to use snippets of < 30 seconds under fair use.
1 reply
0 recast
0 reaction
$ALEX Masmej
@alexmasmej.eth
Would love a source on this tbh
1 reply
0 recast
0 reaction
Adam
@adamaziz
which part? in the early days, it would've been impossible to get a deal to license music, not to mention an impediment to development. and i don't think there would've been legal issues if the service was small enough.
1 reply
0 recast
0 reaction
