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21 sats \ 2 replies \ @ab 5 Aug 2022 \ on: Hi! I'm Michael Rhee, founder of music streaming platform Wavlake. AMA bitcoin
Are you solely focused on the artist to listener relationship, or do you plan to expand out in to syncs and other areas of income for musicians?
For example it would be amazing to be able to post music in one place and have a price for listening, but also allow for agencies to also purchase the rights to include the song in a movie or advertisement. All of the splits would be encoded in the contract and sats could be streamed to the artist directly based on upfront cost and usage.
I think a system where the metadata for content is public and includes payment details for that content by default has enormous potential. This could simplify royalty accounting and collection in many ways, as well as the licensing use case you described. In some ways I think of it as a kind of universal API for content payments.
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Yeah I agree if we could get a standardised system of metadata that would be amazing. Could be built on Nostr!
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