The document discusses how blockchain could help solve problems in the current complex music industry. It notes that the industry requires artists to rely on many middlemen like agents, managers, distributors and rights organizations across multiple countries and parties. Blockchain could provide an alternative by creating an online, worldwide, immutable and programmable system not dependent on levels of trust. It then provides examples of several startups applying blockchain to areas like direct music consumption without middlemen, artist coins that fans can use to fund artists, solving issues with live music tickets, and managing music rights and payments in a clear, timely manner. The document suggests that artists may reap the most benefits from these applications of blockchain to the music industry.
9. Because we can only trust so many people
We need the help of others:
● to represent us
● to deal with other parties
● to do business
● To earn our share
So we are now used to:
● Agents
● Managers
● Distributors
● Rights Organisations
● Digital Service Providers
● Etc. etc.
...all across borders, so multiply by # of
countries
Multiply by other artists involved
11. Perhaps Blockchain can solve this
Because Blockchains are:
● Online, worldwide
● Accessible to everyone
● Immutable, they are fraude resistant
● They are digital, like music
● They can be ‘programmed’ with ‘smart contracts’
15. Music Consumption
Artist Coins
Live Music
Music Rights
https://blog.jaak.io/music-blockchain-what-can-it-actually-do-for-artists-right-now-7aeff3d5d76a
16. Music Consumption
Direct-to-fans models
● Audio files stored in de-centralized
network
● Fans pay with crypto-currency
● No middle-men
● Full transparency
● MUSICONOMI
● TOKEN.FM
● ARTBYTE
● ZIMRII
Streaming
● RESONATE
○ Stream-to-own
● MUSE/PEERTRACKS
● MUSICOIN
● AUROVINE/AUDIOCOIN
● VOISE
17. Artist Coins
1. Artist launches Coin
2. Fans buy coins/tokens
a. to buy music
b. To buy tickets
c. To fund new projects
3. If artists becomes popular, coin/token
becomes more valuable
a. Fans can make money
b. Artist can make more money
TATIANA COIN
● musician
● Own coin
MUSICOIN
● Network
● Cryptocoin with mining
● Streaming
● Platform
18. Live Music
Tickets
● GUTS
○ Honest tickets
○ Set rules for re-sale
● SECUTIX
○ UEFA soccer matches
● TICKETCHAIN
○ Like GUTS, with dynamic pricing
● AVENTUS
○ Decentralized re-sale platform
● BLOCKTIX
○ Events
● LAVA
Booking
● VIBERATE
○ Live music ecosystem
○ Crowd-sourced
●
19. Music Rights
JAAK
● Meta-information
● decentralized
DOTBLOCKCHAINMUSIC
● A new file format
Open Music Initiative (OMI)
● Protocol
RIGHTSSHARE
● BITTUNES
○ online distribution
● MUSICONOMI
○ Direct-to-fan distribution
● SOUNDCHAIN
○ Rights management, pay-to-play
● STEM
○ Clear and timely payments
● UJO Music
○ Rights management, distribution
● BLOKUR