OnChain Music is a blockchain-based music distributor that ships music to partner services Aurovine, Audius, XSongs, and Emanate.
The project has not been updated since last year and is obviously dead. What do you think went wrong?
https://t.co/mSpF3wXD3G
Is it possible to change the focus from real-world copyright compliance, to the fully autonomous and parallel existence of copyright on the blockchain?
In solving this problem I see the key to a strong breakthrough in the web3 music development.
One of the unsolved problems I see with blockchain copyright is its connection to the real world. So I wonder β can copyright in blockchain exist independently of IRL?
A Short Thread π§΅π
Standardization across the web3 industry is one of the most important tasks, but there are still many questions:
- How is copyright related on-chain and off-chain?
- Inability to edit data on the blockchain: plus or minus?
- What to do with IP violations and exceptions?
1/ Today weβre thrilled to be launching a slate of open sourced βCanβt be Evilβ NFT licenses. These licenses are designed specifically for NFTs and were inspired by 20-plus years of work by the Creative Commons. https://t.co/HodHFRvAuH
I've been a member of the @water_and_music community for several years now and it still amazes me what an incredible evolution in journalism @cheriehu42 and the entire project team has made
Thought about it in the perspective of a startup raising a seven-figure sum as funding, including through an active community, and just saying "thank you"
It seems that in the future the world of web2 will become a pirated mirror of the world of web3, which will implement a detailed transparency of copyright with a scale of a minimal one-shot or stem, automatically transferring royalties to creators on the chain
I have a theory that the real market volume of music NFTs is equal to the number of purchased Chaos compilations as the most honest and healthy web3 project.
Right now 2666/5000 NFTs have been bought. Do you think this statement is fair?
https://t.co/XvBPykwKYm
I own the proof of support for this artist early on = I own NFT (proof)
I own the royalty percentage in a new single distributed on blockchain services = I own NFT (investment)
I own a gift set including concert tickets and merch = I own NFT (certificate)
@SashaStoikov From all the comments I can conclude that NFT with liquidity is the most understandable form of using the format. This is especially logical given the background of interest in NFT in the US, where initially blockchain offers a new way to invest. Well, let's bookmark this.