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Sound of Fractures
@soundoffractures
Great post Would suggest reading to anyone in and around music Some great points and things to think on https://www.honest-broker.com/p/nine-predictions-for-the-future-of?utm_campaign=email-post-title&utm_medium=email
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Andrew
@music2work2
Point 7 about the Superfan is why I'm bullish for on-chain music. It just makes sense for there to be a direct two way relationship between artist and fan. Artists who are in it for the long haul - who are prepared to build their audience one fan at a time - and who are able to sustain themselves for longer - are really well positioned to ride this next wave.
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Ghostlinkz
@ghostlinkz.eth
I've been thinking the same thing, but wasn't it blockchain guys who helped build vault.fm yet they left the crypto part out? Curious why they decided to not introduce crypto in the mix yet
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Mr. Wildenfree 🐺🍵🎵
@mrwildenfree
As an artist, I’m looking forward to Vault .fm — I listened to the podcast with the founder @davidgreenstein breaking down its aims and how it differs from their first project, sound.xyz. Introducing web3 certainly complicated things for my community, so I personally already went back to the drawing board before hearing about Vault; but I’m glad to see the welll intentioned pivot to address the critical challenges we artists face. I’ve wanted to incorporate web3, believe me, however it always seems to fall short of the ideal for my specific scenario so far.
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Ghostlinkz
@ghostlinkz.eth
The main issue is that most music fans aren’t using web3 yet. A lot of my friends still don’t have crypto wallets. Once fans get wallets and earn some free crypto, we'll likely see more interest and adoption. Web3 is still pretty messy. Sometimes I collect something on Zora, and it doesn’t show up on my profile. Even wallets don’t always display all the NFTs you’ve collected. Plus, platforms can change their models or vanish entirely, which isn’t great for adoption. It just shows how early things still are (though I hate saying that)
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