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Ghostlinkz
@ghostlinkz.eth
We need a protocol similar to Farcaster that can serve as home for all the new music being produced worldwide. Imagine all the cool music clients that devs could build. Seems like the only way to truly break free from the monopolistic control exercised by Spotify, YouTube, Apple, and major record labels.
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Nick Smith
@iamnick.eth
I think there’s already a few good protocols addressing this (Zora, Sona, Sound etc.) Releasing your music onchain means you can stream and purchase on a variety of interfaces with no platform lock in including FutureTape (@fascinated) and Spinamp
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Ghostlinkz
@ghostlinkz.eth
Who is hosting the music though? Does it need to be on a blockchain or can it be a system like hubs?
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ray
@rayj
that’s where audius can shine. audius has good economic incentives to keep content available and hosted by a decentralized network. two server model - metadata server and content server let those scale independently as well. what’s probably missing most are more clients to demonstrate, in the ways farcaster does
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Ghostlinkz
@ghostlinkz.eth
It sounds good to me but I’m curious if you could run this type of system without creating a new token. If nodes must receive a reward, then maybe you bake that in as a protocol fee that fans and artists pay to join and participate in the network, like what Farcaster is doing.
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ray
@rayj
yeah-interesting & good point. i think the question to answer though is how do you bring on users at scale when they are so accustomed to the incredible (but predatorial) UX of FAANG/web2. users paying fees out of the gates on altruism alone won’t likely get us there so we’ve got to keep iterating on tradeoffs
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Ghostlinkz
@ghostlinkz.eth
Another strategy is for the protocol to start small. Operate like a DAO/web3 record label, with a foucs on attracting exceptional talent willing to offer exclusive releases. With Spotify boasting over 10 million artists and a premium individual plan priced at $10 per month, it's hard to compete.
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