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There’s a reason why innovations get picked up when they do. Part of it is technological maturity, but a much harder to see convergence of trends is often key to things taking off when they do. The past years have seen creators calling for fairer compensation, trying out new business models through ‘the creator economy’, people being overwhelmed by infinite social media feeds & recommendations, and an ever-increasing normalization of digital payments in general, as well as payments for digital services. The latter two being far from widely adopted in most countries even 10 years ago.
The emerging web3 is a cultural moment. It builds on top of what has come before. While not everything will move towards web3 tech stacks, there will be a consumer expectation of services to behave more like the principles common in the web3.
Here are some of the most important ones for the digital music landscape.
There’s a reason why innovations get picked up when they do. Part of it is technological maturity, but a much harder to see convergence of trends is often key to things taking off when they do. The past years have seen creators calling for fairer compensation, trying out new business models through ‘the creator economy’, people being overwhelmed by infinite social media feeds & recommendations, and an ever-increasing normalization of digital payments in general, as well as payments for digital services. The latter two being far from widely adopted in most countries even 10 years ago.
The emerging web3 is a cultural moment. It builds on top of what has come before. While not everything will move towards web3 tech stacks, there will be a consumer expectation of services to behave more like the principles common in the web3.
Here are some of the most important ones for the digital music landscape.
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