Crowd funding is a very limited usecase and an somewhat like, shallow one that barely scratches the surface of what's possible in web three. One sort of com nation for success that we've seen is i, you know, artists actually able to crowd fund, or i get some of this up front capital,. While also maintaining a really great manager and a really great management relationship. Is is definitely something that, paired together, is we've seen as a recipe for success. And with regard to actually minting and releasing 20 en ts per drop, we're currently doing a mechanism where we simply a list,you know, 20 en ts every time they come out.
The song "Stand By Me" has made over $60M in royalties alone.
What if you had a slice of that just by being a fan? Music NFTs may allow that. Decent (@decentxyz) is a new startup that package royalties into NFTs. This week, the Decent team joins us and talk:
- Current state of music NFTs
- How Decent lets fans invest in royalties
- Can songs outperform stocks over time?
Host: Jason Choi @mrjasonchoi . Not financial advice.
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Disclaimer: Jason Choi is a General Partner at Spartan Capital, a subsidiary of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries