Ahit: We do have to take those funds into custody, like, on board the artists ourselves. A part of the rational for doing that is till i maintain this sort of curated, initial pipe line of artists,. Ah, such that we can really put the best foot forward for the artist and a decent platform. There are some elements of centralization where theyre, where you ges are coming in to manage some of these contracts. Is there a path to dicentralize the process completely over time? It's largely solving for the incentives around like fan sort of managing that royalty process.
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