house music and trading go hand-n-hand
it's literally the only genre of music where the name barely matters
john summit plays a song by a house artist with 4 listeners; a house artist playing a local show can play john summit
no one cares about prestige, the music is the most important thing
now imagine trading on that music
a couple things i noticed:
1. being very personal with users is super important
2. retention is hard
3. onboarding matters a lot
4. you need to have incentives for people to use/join
https://t.co/q3WmF3nsIA
we've live
paper trading right now, top users will get free credits for real money soon
use it, dm with any questions or feedback, always looking to improve
launching late isn't always bad
people always say to launch ASAP and iterate but if you are launching a new product to completely new customers (who don't know who you are), UI/UX, retention, and onboarding matter A LOT
this almost always requires a lot of attention to detail
being first isn’t luck, it’s edge.
in prediction markets, the ones who price reality before the crowd extract the alpha
same in music: the people who hear the next Drake don’t follow culture, they invent the market for it
first movers don’t chase trends, they create the demand the rest later call “genius”
invest in who you believe in
@SonotradeHQ
edm is super interesting
the only genre that has artists (big and small) playing each others songs during sets
i think this is really good for talent discovery
in regards to the index: quantity > quality
of course streaming is weighted more but there are instances where someone has one song (with almost no listeners) but is blowing up on Tiktok/X
social media matters for the index; so does streaming
Introducing Rappr: the first ever "stock market" for music.
Fans can invest in their favorite artists. Labels get forward-looking scouting data.
Real skin in the game. Un-gameable data.
Only six artists right now, thousands more coming soon.
https://t.co/eK6LjxrgRC (alpha)