Chapter
The Future of Music Royalties and Fan Engagement
43:05 - 49:46 (06:41)
The music industry has been transformed by technology and the elimination of middlemen, which has allowed artists to have more control over their music and engage directly with fans through exclusive content and experiences.
Clips
NFTs and social tokens have become identifiers for individuals to be part of digital communities which are based on shared values and social structures, providing a platform for civically-minded people to coalesce and operate within.
43:05 - 44:25 (01:19)
Summary
NFTs and social tokens have become identifiers for individuals to be part of digital communities which are based on shared values and social structures, providing a platform for civically-minded people to coalesce and operate within.
ChapterThe Future of Music Royalties and Fan Engagement
EpisodeHow Raoul Pal 10X-ed His Money with Crypto and Retired to the Beach
PodcastMy First Million
In this episode, the host and guest discuss how tokenizing communities can make culture an investment and incentivize people to grow the value of a network, unlocking the potential to create networks amongst people and making cultural markers more valuable.
44:25 - 45:58 (01:32)
Summary
In this episode, the host and guest discuss how tokenizing communities can make culture an investment and incentivize people to grow the value of a network, unlocking the potential to create networks amongst people and making cultural markers more valuable.
ChapterThe Future of Music Royalties and Fan Engagement
EpisodeHow Raoul Pal 10X-ed His Money with Crypto and Retired to the Beach
PodcastMy First Million
The rise of NFTs and social tokens in the music industry is creating a new form of investment that allows fans to invest in the cultural value of music, leading to a system of universal basic equity where culture is the investment.
45:58 - 46:46 (00:48)
Summary
The rise of NFTs and social tokens in the music industry is creating a new form of investment that allows fans to invest in the cultural value of music, leading to a system of universal basic equity where culture is the investment.
ChapterThe Future of Music Royalties and Fan Engagement
EpisodeHow Raoul Pal 10X-ed His Money with Crypto and Retired to the Beach
PodcastMy First Million
The music industry's economics were ruined by middlemen, causing artists to take on more risk with their capital, leading to the creation of rare or exclusive content for their fans to support them as backers and true believers.
46:47 - 49:46 (02:59)
Summary
The music industry's economics were ruined by middlemen, causing artists to take on more risk with their capital, leading to the creation of rare or exclusive content for their fans to support them as backers and true believers.