great deep dive! really appreciated this. I'm interested in how NFTs/blockchain could help artists track the use of their music for training AI models like the ones used by Spotify's algorithm and get royalties from that. any plans with nina for something similar that you know of?
From a technology standpoint it would 100% make sense to use blockchain to track usage and royalties, no idea if that's something Nina will incorporate in a future version (anyone's guess I suppose) - thanks for reading!
A question I often ask with most web3 music projects. Does it actually require web3? Or is it just an additional layer of complexity with no added benefit for artists or listeners?
A great read! Do you know about Imogen Heap’s «Mycelia»? Also a block chain based music platform, or web more like it, wanting to put the power, controll and money flow back in the hands of the artists. Not sure if it’s still active (maybe you do?) but it’s inspiring seeing alternatives being put into life.
I'm going to check out Nina now, cool name. Always down to find and listen to music in new places and if 100% of profits are for the artist that should be supported. Surely some monetisation for the creators though? To make somehting this big?
Looking forward to checking out Nina. It sounds like a very refreshing structure. Licensing for cover songs or music released elsewhere is probably a major stumbling block for wider use, but for newer music and exclusive music it could be an absolute godsend. I think about this kind of thing all the time, All of the existing music streaming tools have been built by non-Musicians and people who seemingly have no idea how an actual music scene functions. There has to be a way to leverage genuine listenership and enthusiasm into enthusiasm-based revenue, rather than attracting a flock of passive listeners and then erecting a tollbooth to please rightsholders.
Ignoring super music fans (i.e. the people who read this sort of article), normal people do not and probably never will support artists out of the goodness of their heart. And I suspect their demand for music is far less than super fans. They are not interested in paying anything for access to everything and are willing to endure ads. Going to be tough to monetize without ads.
great deep dive! really appreciated this. I'm interested in how NFTs/blockchain could help artists track the use of their music for training AI models like the ones used by Spotify's algorithm and get royalties from that. any plans with nina for something similar that you know of?
From a technology standpoint it would 100% make sense to use blockchain to track usage and royalties, no idea if that's something Nina will incorporate in a future version (anyone's guess I suppose) - thanks for reading!
also i love quiet light... cool to see her on your hub
This was an excellent introduction and explainer. Thank you, Riley! I’m excited to watch where Nina goes!
A question I often ask with most web3 music projects. Does it actually require web3? Or is it just an additional layer of complexity with no added benefit for artists or listeners?
it all sounds nice but if it's free, you're the product. there's a catch here somewhere, and I don't trust it until I know what that catch is.
if any of u are on nina would super love to connect on there!! https://ninaprotocol.com/profiles/pennyanne?ref=AhAvo82ipYRZxR8F8EPgWunGwCzRbB6wbpuEkbTMuy4x
A great read! Do you know about Imogen Heap’s «Mycelia»? Also a block chain based music platform, or web more like it, wanting to put the power, controll and money flow back in the hands of the artists. Not sure if it’s still active (maybe you do?) but it’s inspiring seeing alternatives being put into life.
I'm going to check out Nina now, cool name. Always down to find and listen to music in new places and if 100% of profits are for the artist that should be supported. Surely some monetisation for the creators though? To make somehting this big?
Thank you for the deep dive. Very curious about what happens next
Looking forward to checking out Nina. It sounds like a very refreshing structure. Licensing for cover songs or music released elsewhere is probably a major stumbling block for wider use, but for newer music and exclusive music it could be an absolute godsend. I think about this kind of thing all the time, All of the existing music streaming tools have been built by non-Musicians and people who seemingly have no idea how an actual music scene functions. There has to be a way to leverage genuine listenership and enthusiasm into enthusiasm-based revenue, rather than attracting a flock of passive listeners and then erecting a tollbooth to please rightsholders.
Ignoring super music fans (i.e. the people who read this sort of article), normal people do not and probably never will support artists out of the goodness of their heart. And I suspect their demand for music is far less than super fans. They are not interested in paying anything for access to everything and are willing to endure ads. Going to be tough to monetize without ads.