interoperable music makes things interesting. yesterday i explored what it might look like to play your music nfts in any environment you enter, like in your uber ride.
but what would it take for this to be economically feasible for artists?
it might not make sense for an artist to sell cheap open editions that allow permanent streaming rights.
so maybe there's a way to time box use while maintaining a permanent record of ownership (for social purposes).
i know very little about the music industry, so this could be completely off base, but i wonder how realistic it is for an artist to rent their songs for non-commercial use using subscription nfts ("non-commercial" is the key word here).
that could ensure the artist gets paid directly while giving you the ability to play their song on any app and across any website.
it could open up an entire new ecosystem of streaming players and streaming use cases:
+ play a song on your profile + use a song for your video post + use a song as an input for ai music generator
but what would it take for this to be economically feasible for artists?
it might not make sense for an artist to sell cheap open editions that allow permanent streaming rights.
so maybe there's a way to time box use while maintaining a permanent record of ownership (for social purposes).
i know very little about the music industry, so this could be completely off base, but i wonder how realistic it is for an artist to rent their songs for non-commercial use using subscription nfts ("non-commercial" is the key word here).
that could ensure the artist gets paid directly while giving you the ability to play their song on any app and across any website.
it could open up an entire new ecosystem of streaming players and streaming use cases:
+ play a song on your profile
+ use a song for your video post
+ use a song as an input for ai music generator
etc.