How To Disrupt The Music Industry With Cryptocurrency 101

in #cryptocurrency7 years ago (edited)


Headed Out Today

Today I'm in Atlanta for some business meetings with
The team of Atlantic Records recording artist “Kap G".
I started telling these guys about cryptocurrency and how
It'll change the entire business model of the music industry. 
I explained to him that the currency you receive like Bitcoin, 
Ethereum, and Litecoin all appreciate in value as it sits in your 
wallet. This means that if they throw their own shows and sell 
their own tickets they'll be able to sit on the ticket money for s
some time as it flips itself faster than a stock. You could do this 
for multiple shows in multiple cities and HODL if you got some 
capital put away too cover the venue and travel costs. You can
 create up to 10x the amount of money her would've gotten if 
he would've accepted fiat like usual. The music industry is a tough
business that is decreasing in profits every year. The name of the game
is to innovate the business model in order to create moor profits. 
Most artists have 360 deals which means that the label gets a piece 
of everything that the artist earns in order to recoup the initial advance. 
Most times these artists can't produce profitable opportunities and eventually
get released grin their contracts. There must be something innovative that can 
be applied to the modern day slave contract that leaves two parties fighting over pennies. This is not the future and I plan to implement these new ideas into the management of all the new artists that are finding themselves in the same circumstances.  Something  must be done and I will definitely be the one
bringing in a wave of wrecking balls. 


This Is How

The  technology we plan to utilize  are custom made ATM's that we will  install at select Venus in order for peoplle to either buy tokens in  order to attend or claim their admission ticket  with proof of crypto  payment on our secured website wallet. These attendees can be rewarded  with exclusive merchandise for their participation. I was always told that if I wanted to implement a new business model it  would take training of the common person using the new technology. This  requires implementation in thins that are already familiar to the  common public. We hope to create the opportunity sober than later and  I’ll definitely be keeping you guys updated.


Sorry for typos or spaces in my paragraph..i did it on the plan :(

Sort:  

Great news. @kencode is coming out with a moble wallet (code name Carbon) very soon. Might be useful. Next time your in a plane, can you check for me if the earth is flat or round.

Hey how did you know that? Was following @Agorise and @ken_code but didn't know Blockpay was getting a reboot!

@kencode talks about it in his telegram group. Don't know anything about the Blockpay reboot. They been very quite.

Thanks, I still have to join that group argh...

nice idea

great post I hoop you get there where you want to be

Really a great work..this we can call it an useful post thanks.

Very informative post. It only takes a bit of a time to see how cryptocurrency can influence the music industry. I think it is gonna be huge and significant. Thanks for the post.

I follow your share with pleasure
thanks for your support 👍Bycompoundfilms

Cool meeting! spread the word about crypto!

Hi. am a lover of your post and this is epic I'm true sence. I must say that I like your post and it am inspired.good job , thumbs up, keep up the good work

woow really a good and good post

That's cool .Sounds good that you found out that things . Good post overall . Best wishes man ,@bycompoundfilms

Thats cool!! REALLY GOOD WORK AND do expand the industry to digital world :) goodluck

Thats how to roll Like a boss. Thats a game changer business idea right there.

You could do this
for multiple shows in multiple cities and HODL if you got some
capital put away too cover the venue and travel costs. You can
create up to 10x the amount of money her would've gotten if
he would've accepted fiat like usual

I really think that more and more artists will be dealing with crypto.

This model will really revolutionalize the music industry as you said.
I already see you already have a big number of friends in the music industry as shown in your cool pics.

Let me hope you told them about Steemit apps like Dsound and Dtube.

You are really a funny guy with the typo stuff hahahaha

Sorry for typos or spaces in my paragraph..i did it on the plan :(

A new era of showbies I see..... It will then be more like investing in one's show business......great thinking guys

Blockchain is a breakthrough, music, video and many more sectors will benefit from this amazing technology...

Nice one Bro, keep on spreading it till u get there...nice post

Upvote and new follow ! My brother is a self employed music producer, we had a few tracks released in 2001 as The Riot Brothers, obviously I’m a tattooist now but he still does it today under the name - GUYVER. I’m going to send him a link to this steemit post and try and get more info like this out there to the masses! Thanks for the great post !

Crypto currency is changing everything. I am still blame myself for not starting on time to realize that. Thanks for this insightful post

tha'st pharrell williams

Tronix and Poet are some of the many currencies looking to bust up the money monopoly of creating content.

very interesting, this could be a game changer!!

i enjoy your post ^^! Thanks.

happy today for you!

sounds like a game changer! Here are my thoughts on a crypto/music future: sonecu