Song A Day with Jonathan Mann and Edouard Bessire from GBM Auctions

Today on the show I’m joined by musician and NFT artist Jonathan Mann. For over 5000 days, Jonathan has written, recorded, and published a Song A Day. After discovering CryptoPunks in 2017, he fell down the crypto rabbit hole. Over the past 6 years he’s melded his daily music practice and his interest in artist empowerment through NFT creation.

In this episode, we discuss Song A Day’s evolution from a Youtube song writing project into an NFT collection and full-fledged DAO. We discuss the legal organization of SongADAOas a Colorado co-op, Jonathan’s collaboration with RaidGuild, who built the website and contracts, and why he chose to assign the rights to all songs in the collection to the DAO. We even get a glimpse of the comparative revenues generated by the Song A Day collection between traditional music streaming and NFT sales over the past year.

We’re also joined by Edouard Bessire, co-founder of GBM Auctions. Through their experience building NFT charity auction protocol Cryptograph between 2018 and 2021, Edouard and his collaborators invented their signature “Bid-To-Earn” mechanism. In short, when a bidder is outbid in a GBM auction, they receive a small percentage of the new highest bid as compensation. We discuss the advantages of bid to earn for incentivizing early participation and price discovery in English auctions, and how Song A Day was able to integrate the mechanism into their existing contracts.

Songaday.worldfeatures a plethora of sophisticated features that demonstrate a true affinity for NFT collecting, decentralized organizing, and web3 experimentation. It’s always a pleasure chatting with Jonathan, whose down-to-earth approach and humble ambition are an inspiration to crypto musicians and creators of all stripes. I hope you enjoy the show.

Links

- Cryptograph White Paper where GBM mechanism is first described
- SongADAO’s Discourse