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Garrett
@garrett
Can web3 music help fill the public goods gap that the Bandcamp sale has opened up? Not convinced any web3 music projects are positioned for this today but maybe over time. web3 music platforms need to become much better products for the average music fan to use. Most of the web3 tech should be abstracted away.
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@jacek
I'm curious, what can Web3 offer to music fans and artists that you'd like to see, which isn't available now?
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Garrett
@garrett
Good question. Here’s a few things I could envision web3 improving: 1. Direct relationships between artists & fans 2. Artists obtaining better data about their fans 3. Gamifying music discovery and building reputation around it
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@jacek
I'm wondering how Web3 will change artist-fan interactions. We already have Twitter, Facebook, SoundCloud, and YouTube for direct communication. Do artists even want more responsibilities for fan engagement?
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Garrett
@garrett
Great question. I think artists and management teams are starting to realize that they need to know more about their fans. Those platforms you listed gatekeep the user data and don’t allow artists to access it. Artists/Fan relationships need a direct way to message fans like email or phone number
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@jacek
I'm imagining a platform where you log in with your Spotify account and earn artist tokens for streaming their music. It's like credit card reward points but for artists. Artists could then access insights about who owns their tokens. If fans have ENS domains on their wallets, artists could even reach out to them.
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@garrett
This would be really cool but Spotify would have to allow this to happen Audius is basically what you just described but it obviously doesn’t have the selection of Spotify
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@jacek
I know Spotify has an API that lets you access user data with permission, kind of like what Friendtech did on Twitter. The long-term goal would be to eventually phase them out though.
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Garrett
@garrett
True. It’d be cool to see a rewards layer built on top of Spotify using this API Have you seen anything that uses the API in a unique way?
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Jacek.degen.eth 🎩
@jacek
I haven't yet, but I'm open to building something myself or with some help!
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