In this episode of Untangling Web3, we dive into the intersection of music, technology, and blockchain with Scott Page, a legendary musician known for his work with Pink Floyd, and an long-time innovator in digital media.
Today, Scott shares how blockchain and Web3 are revolutionizing the creative industries, particularly through the lens of tokenization and digital ownership.
Key highlights:
Tokenization in the Arts: Scott explores the transformative potential of tokens in the arts, explaining how they enable artists to have direct ownership and control over their creations, leading to new revenue models beyond traditional streams.
Impact on Music Industry: Delving deeper, Scott discusses the specific impacts on the music industry, detailing how Web3 technologies facilitate unique fan engagement and foster deeper connections between artists and their audiences through digital collectibles and exclusive experiences.
Broader Implications for Creative Fields: The conversation expands to cover the broader implications for all creative fields, not just music. Scott emphasizes how blockchain technology is creating unprecedented opportunities for artists in various domains to monetize their work in innovative ways.
Scott's insights highlight a significant shift towards a more equitable and decentralized model in the creative industries, where artists gain more control and fans enjoy closer connections with the creators they admire.
This episode not only sheds light on the technical possibilities but also inspires a rethinking of value and community in the digital age.
Untangling Web3 is brought to you by hosts Jack Davies and Alec Burns, with music by Daniel Paigge. Got a question or topic suggestion? Send us an email at theuntanglingweb3podcast@gmail.com.
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The views we express here are our own, and do not represent the views of our employers. Nothing discussed or stated in the show should be considered advice.
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