So, the sculpture will play the actual laser show that is the NFT. Whoever wins that will get to come to a show of ours to watch their NFT being performed to 10, people. I think there may be one there. I do know that a lot of people who are into my music are big into crypto and a lot of people in crypto made kind of insane money in the early days. Not necessarily, no. How did you arrive at the quarter-of-a-million-dollars price tag? It came from a conversation about how much it would cost us to do it, which was kind of well into the six figures anyway.
You started creating this collection months before the current NFT boom. Was that sheer luck or crystal-ball gazing? Why do you think NFTs are appealing to music fans now? Music fans are collectors, we have that DNA. They also readily support major streaming music platforms. With the self-releasing artist market only accounting for 2. How would Choon, or any other blockchain-based digital music platform, convince major labels to hop onboard?
Higher royalty payments. For now, blockchain is an idea. Choon has its heart in the right place but its business model is non-workable in the present environment. Right now cryptocurrencies are just a scam, look up Greater Fool Theory. Make the platform pure indie music. Choon is premised on new indie music — so long as your music is assigned, Choon is not open to you. You can trade crypto for fiat currency, they are not a scam blockchain tech will be here for a very long time…. Do your research for god sake, anything that allows people to take control and creat on their own terms should be lauded.
What is wrong with all you people…. This article is blinded and with out real grounded and detailed research…I should not have to tell a journalist to scratch bellow the surface, jesus christ! This is false. It could strictly be used to keep an accurate ledger of who played what when. Thus allowing for a model like Subscriber Share to work.
Unfortunately people want to believe that Blockchain means cryptocurrency and this is false. Blockchain is a technology and a way to make transactions transparent including a transaction of selecting a song to listen to. They could easily just not pay people in crypto currency and still use block chain to allow transparency of transactions allowing all the subscription money to go to the artists directly. New platforms all seem tone deaf to the one big issue facing their own new music platforms..
Cool story bro. Then wise up and educate yourself….. A crap article…. We are def releasing a platform with the exact same idea but including real cash in return. Hopefully by May. We have been testing it with underground producers in Canada right now. Fingers crossed! Streaming music apps and discovery services are a dime a dozen. Some valid points. Why signal them out?
Doubtful no matter what currency. Blockchain will help these artists in the future more than this shortsited article mentions. Like create a universal database of indie songwriter rights for brands to easily license. There are holes in Choon. Holes in blockchain. But to completely write off blockchain is naive. Either that our your shorting your Choon Notes. Blockchain and smart contacts are great for micro payments, much faster, more accurate and fully transparent.
Choon uses blockchain for royalty accounting payments which i believe happens every day according to their white paper. How is that not an improvement lol… do your research Daniel lol. This is a short-sighted analysis of the potential for blockchain in the music industry and industry in general. The starving artist is real, the music industry revenue model is broken. Putting Choon aside, blockchain solves many of the royalty and payout issues.
Blockchain adoption is not a question of if, it is just when and how. I am more than willing to take a chance on fluctuating notes on choon. Not at all. What will make it work, is the fact that everyone who contributes and provides value gets rewarded. Mixes will also be a thing at a later time, where the artists making the songs will also get rewarded.
Two-way tipping, so artists can tip their favorite listeners, and listeners can tip their favorite artists. There will also be a system for making remixes. For them, it will just be a normal streaming service where they pay a subscription fee in fiat, that gets converted to notes in the background.
Choon will buy back notes from exchanges with this fiat and put it back into the Choon ecosystem. There will be incentivized plays inside the platform — A way of advertising music that makes a lot more sense than the current ecosystem.
Soon, he was pouring five to six hours a day into the emerging economy, buying and trading the digital currency, creating offline paper wallets for safe storage and other activities. Drive eventually saw the light of day, and as the years passed without much progress in cryptocurrency security and use, his interest in Bitcoin waned. His interest returned earlier this year when he heard about Etherium, with its advanced security measures and emerging leadership. So I got out of the trading game and started to think about where I could make a positive impact instead.
Six months later, Choon is set for launch in early He teamed up with his friends and blockchain technologists John Watkinson and Matt Hall to create a platform that gives artists complete control over their product as well as a platform upon which to share that product direct to consumers for proper compensation. Choon is our attempt to fix these problems, cut out these people, and provide a much better deal for artists. Listeners will also have the ability to earn NOTES by creating popular playlists, listening to promoted songs, and by providing useful comments and community feedback.
The music discovery process should run as it does for Soundcloud, Spotify or any other major streaming platform. So almost every artist on Choon will be on the newer side, or just happen to own the rights to their old music. Similarly, artists may not upload songs that sample major-label artists, though they will be able to sample each other easily using Smart Sample Contracts that make Choon music available to other Choon artists at the price of 50 percent remix profits.
It simplifies the ownership process while opening the door to creativity. Interested in learning more about Choon? Visit the company online and watch the informational breakdown video below. It may just be the future of music, but either way, the era of blockchain technology is here. The challenge is doing it legally. There might be other Laserface shows, but this is the final one with the present setup.
It took a day, every week, and losing it has allowed me to focus on projects like Laserface, Choon, the CVNT5 TV show, all of which represent a more valuable and unique contribution to the world of dance music than just another radio show. Not drinking most of the time helps, as does traveling with something reasonably clean that you can grab like Kind Bars or Keto Bars. My biggest focus this year is Choon — getting the platform launched and starting to change our broken music industry will feel like an incredible personal achievement.
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Gareth Emery says he has been in the music industry for the past 15 years and is “one of the world's largest DJs and an esteemed record. Feb 25, - Stream Gareth Emery & Ashley Wallbridge - Crypto by garethemery on desktop and mobile. Play over million tracks for free on SoundCloud. World-renowned DJ and music producer Gareth Emery joins DKleine to discuss his upcoming drops on Nifty Gateway.