How To Disrupt The Music Industry With Cryptocurrency 101
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 :(
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...
https://t.me/Agorise
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!
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That's cool .Sounds good that you found out that things . Good post overall . Best wishes man ,@bycompoundfilms