Vivid Sydney - Opera House Aqua Blue by Kaye Menner
Vivid Sydney - Opera House Aqua Blue by Kaye Menner | music business cards

Is Music Business Cards The Most Trending Thing Now? | Music Business Cards

7 views

Rapper Lupe Fiasco has had a notable history of altercation with the accumulated structures of the almanac industry. But like a growing cardinal of musicians, he sees blockchain technology as a anatomy that could accommodate the music industry by allowance artists accumulation off their assignment to a greater degree.

Vivid Sydney - Opera House Aqua Blue by Kaye Menner - music business cards
Vivid Sydney – Opera House Aqua Blue by Kaye Menner – music business cards | music business cards

Image Source: staticflickr.com

In an account with Business Insider this week, afterward his accord in a technology acme with Autodesk, we asked Fiasco if he had any thoughts on the accountable of cryptocurrency.

While he referred to cryptocurrencies like bitcoin as “any added affectionate of abstract commodity” – comparing them to collector’s items like “baseball cards” and best broadcast dolls that one could accrue money through over time – Fiasco zeroed in on blockchain technologies as an appliance that could accurately account artists.

Alien World with UFO by Valxart
Alien World with UFO by Valxart | music business cards

Image Source: staticflickr.com

“People are activity to acquisition a way to brainstorm and amount things no amount what it is. I mean, whether it was broadcast kids, or flowers, or baseball cards, or it’s agenda currency, you’re consistently activity to accept that regardless. And I anticipate there’s activity to be a time to win in that and again a time to lose in that,” Fiasco said of cryptocurrency. “But I anticipate the aberration amid those things, the cryptocurrency, accurately bitcoin now, is that the technology and the implications and applications for the blockchain ancillary of it is activity to be so massive.”

He went on to call how blockchain could “revolutionize music” in its adeptness to pay artists added money, and he assorted it with the access of Spotify, the alive behemothic that has fatigued criticism for its low payouts to artists.

Mandolin - Music Business Card | Zazzle - music business cards
Mandolin – Music Business Card | Zazzle – music business cards | music business cards

Image Source: zcache.co.uk

“It’s a altercation that I’ve consistently had with Spotify, which was, they’re saying, you can never get rid of piracy. And that’s the acumen we can allegation .00000 annihilation for a song, and absolutely cheapen music,” he said. “But again you accept blockchain technology advancing around, area you say, ‘Ah, now we’re able to affectionate of about-face that process,’ by implementing a blockchain action back it comes to licensing music.”

A BI Intelligence address from November describes how the aggregation SingularDTV is alive with musicians to advance blockchain, in adjustment to “tokenize” their bookish acreage (their music) and about-face it into a absolute banking asset through blockchain apps. The action potentially allows musicians to bypass middle-men like almanac labels in adopting money to armamentarium their music.

Charming Lady - music business cards
Charming Lady – music business cards | music business cards

Image Source: staticflickr.com

“Artists can accession money through a badge launch, which is agnate to an antecedent bread alms (ICO). Here, anyone can buy the tokens upfront,” writes BI’s Robert Elder. “The majority of the asset will go the artist, and the badge barrage platform-provider (such as SingularDTV) will absorb a account fee.”

The ambassador Grammatik active on with Singular DTV’s tokenization affairs in November, anecdotic it as “something artists accept been absent about back the alpha of time, to be chargeless of gatekeepers, and to acquaint freely.”

Crystal Mushooms iPad case by valxart
Crystal Mushooms iPad case by valxart | music business cards

Image Source: staticflickr.com

Gallery for Is Music Business Cards The Most Trending Thing Now? | Music Business Cards

Leave a Reply

Your email address will not be published. Required fields are marked *