Post
Topic
Board Bitcoin Discussion
Re: Article on how the blockchain is revolutionizing the music industry
by
Carlton Banks
on 31/08/2015, 20:49:03 UTC

And that is exactly what I meant. The difference being that the corwdfunding platforms that exist now are businesses in their own right that take a cut, plus those payment processors too. Cryptocurrency lets the artist set up their own website, and crowdfund completely independently. The whole show can be independent, for the first time in the history of the recording industry. Taking the money was the last obstacle.


I don't disagree that cryptocurrency crowdfunding is a good thing that gives autonomy to artists. But that wasn't the point I was speaking to in my initial reply. It was the whole analog/digital/piracy angle you mentioned.

Let me put it another way.

Would your own audience, as a digital goods producer, provide you with better revenues through crowd funding than through selling individual copies? You could find out by offering some products that way, and others the 20th century way.