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by cburgdorf
1525 days ago
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There are many smaller scale things happening. Most are financial use cases but I'm trying to stick to non-financial ones here. There's a platform called royal (https://royal.io/) which lets you fund artists and their albums. You can essentially co-own their song rights and collect a share of the royalties when their music is played. It's getting really interesting once composability comes into play. E.g. you can make indexes of song rights for country, rock, pop, electronic etc. pp. And once you have that you might put other financial derivatives on top and can go 2x long on country music and 2x short on pop music. There interesting aspect is that big music labels always were able to go short on some genre and long on another because they effectively decide which artists to fund. It's just that with these open protocols we the regular people get to do the same directly. And as a fan we get directly rewarded for helping our favorite artist to spread there music. There are many interesting use cases and platforms emerging in the blockchain world. It just takes time for things to go mainstream. |
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