The blockchain applied to music would be something along the lines of the set of algorithms that provides the most fair and transparent system to track plays of a song and to pay the artists.
Around this technology borrowed from virtual currency (bitcoin) many services have appeared, one of them, Resonate wants also to change the hierarchy of musical distribution.
This streaming platform proposes collective ownership as a business model. Instead of a corporation, the owners are the listeners themselves (artists, labels, fans) and the subscription model is changed for “stream to own” a system of micro-payments in which the users only pay for what they listen. This change of model guarantees transparency and equitable retributions for artists and labels.
This session has a practical focus and the participants are Peter Harris, founder of the Resonate platform, Cliff Fluet, a lawyer who specializes in digital content monetization, and the sound artist Blanca Rego, who chooses to distribute her music with alternative models. The music digital strategist Bas Grasmayer will moderate the session.
This talk is organized with c/o Pop Festival, as part of the programme We Are Europe.