
The $10B Music Industry Problem & How Web3 Solves It | Nigel Eccles @ Vault | #198
The Milk Road Show
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The Importance of Decentralization in Web3
The Cave has worked with about 30 artists right now. The interesting ones are more when you compare to their streaming revenue. A really good one is a Canadian singer-songwriter called Jordan Hart. His last album he did about 2 billion streams over the last 12 months. So it's about $7,000. Our ambition is for him to make warmly from his new album that he did from his old one before he drops the album. We always be a player for streaming. 90% or 95% of music should be on streaming. Artists want that reach. Everybody wants to be Miley Cyrus. You want to have a billion streams. And your path to getting there and even M
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