Decentralization Dilemma: Unpacking Blockchain's Broken Promises to Musicians (bequietmusic.com) 1 points by thomashop 2y ago ↗ HN
[–] thomashop 2y ago ↗ Idea:Use blockchain to make the music industry fairer for artists by ditching intermediaries.Reality: out of 34 music blockchain projects analyzed, over 30 fail to- Significantly benefit artists.- Escape centralization or scams.Issues:- Incomplete decentralization brings back intermediary-like controls.- Technical problems, like scaling blockchain for massive music data, remain unsolved.- Legal complexities around music rights aren't easily blockchain-able.
1 comment
[ 3.0 ms ] story [ 14.3 ms ] threadUse blockchain to make the music industry fairer for artists by ditching intermediaries.
Reality: out of 34 music blockchain projects analyzed, over 30 fail to
- Significantly benefit artists.
- Escape centralization or scams.
Issues:
- Incomplete decentralization brings back intermediary-like controls.
- Technical problems, like scaling blockchain for massive music data, remain unsolved.
- Legal complexities around music rights aren't easily blockchain-able.