Advice for independent musicians exploring web3… 🧵

We just brought the first ever TV show from Netflix onchain with their own token. U have no idea what is coming next.

Outlier Ventures Portfolio Announcements @Eldoradoio: Expansion to Trinidad & Tobago: Users can now open free USD accounts to receive payments from PayPal, Wise, Deel, OnlyFans, and Airbnb. Expands El Dorado’s cross-border on/off-ramp footprint for freelancers and creators. @KimaNetwork: Cardano Grant for Interoperability: Received funding from Cardano Project Catalyst to link Kima’s liquidity rails with @Cardano and other blockchains and fiat systems, broadening stablecoin and cross-chain payment utility. @Helixfi: Partnership with AmFi Finance: Announced the first tokenized private-credit initiative connecting Latin America and Asia, unlocking Brazil’s $2T private-credit market via compliant blockchain infrastructure. @zothdotio: Launch of PayX7 Infrastructure: Unveiled PayX7, a cross-border settlement and payment system integrated with yield-bearing stablecoin ZeUSD. Connects 30 licensed partners for real-time, near-zero-cost transfers across 190 countries and ties into an “earn → spend → earn” cycle via Zocta Points.

Deadmau5 sells catalog to Create Music Group for $55m musicbusinessworldwide.com/c…

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I #StandWithCrypto. Join me and more than 400,000 others advocating for better crypto policy in America! x.com/standwithcrypto/status…

Deadmau5 Smartly Piggybacks on EDC 2024 With an ‘Immer5ive Experience’ in Las Vegas digitalmusicnews.com/2024/05…

KOR Foundation announced the launch of KOR Protocol (@KorProtocol), a new entertainment protocol that reshapes how intellectual property is managed, protected, distributed, and monetized across various sectors. Animoca Brands and our subsidiary @pixelynx_io are launch partners. Details: animocabrands.com/kor-protoc…

Marketing is an important part of the music business. But artists can forget they have one strong USP, and that’s who they are. My biggest advice to artists is to be yourself. Focus on making good music and trust in yourself. 💪

Last week Tennessee became the first state to sign off on legislation that protects musicians from threats posed by AI. This is a major step forward in protecting artists’ rights. I’m curious to see what’s next... Has Tennessee set an important precedent?

Are playlists the new radio station? They offer a space for community on streaming platforms that are otherwise driven by impersonal algorithms. Playlists: just like radio except globally interconnected and with the potential to reach millions of people.

Streams are an artist’s livelihood. And they’ve no control over them. Artists can’t control what an algorithm is going to push but they can control their brand and the community they build around it. You can’t wait for streams, you have to go get them. #music #tech #branding

In 2024, the strength of an artist’s fandom can define a career. But it isn’t something that can just be engineered. You can’t work around the power of an artist’s relationship with their fans. Communities will define an artist’s career but the artist has to be given control.

Tech innovation has given us a music industry that is more accessible than ever before and the barriers for entry keep getting lower. It’s time that the industry started properly looking at all the untapped talent that’s out there… #musictech #AI #homerecording

Music isn’t ‘content’. It’s music. To get music out there and to find success, artists have to play the algorithm/social media game. But we can’t lose sight of what makes music what it is - art.

The ASCAP has published its record financial results for 2023. They saw $1.737 billion in revenue. An increase of 14.1% from 2022. Since 2015, the ASCAP’s strategic growth plan has delivered real results for its members. So exciting to see progress like this being made.