Quite simply put, non fungible tokens (NFTs) will revolutionize how business is done in the music industry. As the technology continues to develop, and more marketplace infrastructure is built — singers, musicians, bands, rappers, DJs, and so on, will have a chance to control their own song and album sales, in a direct line to their fans/audience, like never before in human history. We've gone from buying records to buying CDs, from CDs to individual MP3 files, from MP3 files to subscriptions on streaming platforms (Spotify, Apple Music, etc.), and the next logical transition is from buy subscriptions on streaming platforms to buying music directly from an artist on an NFT marketplace.
As an entrepreneur from the Chicago area, a long-time Cardano fan and investor, myself, and someone with close personal ties to several big names in the US music scene, I fully intend to shake up the music world for the better — taking the power out of the hands of big tech streaming companies, and putting it back into the hands of artists and their fans.
I'm looking for a small team of developers, to share this project with, who can confidently build an NFT marketplace on the Cardano network, which we would ultimately cater specifically towards musical NFT sales — using ADA as the marketplace's native token.
The business side of things, related to bringing musicians onto our platform, once totally built, is already planned out and will be taken care of with the relationships I have within the industry. The tech development side is where I need assistance. And I look forward to building a tight knit team in order to take on this endeavor together.
Looking forward to what's ahead!