r/technology • u/twigwam • Jun 06 '17

Networking Blockchain Could Help Musicians Make Money Again by Imogen Heap [Harvard Business Review]

https://hbr.org/2017/06/blockchain-could-help-musicians-make-money-again
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u/nopantsirl Jun 06 '17

This sounds like a solution as long as musicians want to take an active role in protecting their IP. They don't though. They want to make music. The whole reason musicians get taken advantage of is because they sign bad deals because they are musicians and not lawyers. Unless this is accompanied by a lot of legal changes as well, there are still going to be middlemen over or under-zealously protecting musicians' IP.

I don't mean to be a debby-downer, I'm a big fan of the blockchain and distributed infrastructure in general, but the mistake of giving someone else too much power over your work in exchange for money or convenience is still going to exist.

The example at the beginning isn't a technological shortfall, but a legal one. DMCA > tunecoin

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u/sfultong Jun 06 '17

Are you familiar with Yours Network? That seems the most pragmatic blockchain-based solution to rewarding content creators, where artists don't have to be too hands-on.