The music business can be an exciting field of endeavor. But let me tell you, they don't call it the music BUSINESS for nothing. It's a truism in the biz that it's always the artists who are the last people to get paid, and when they do, it's often a pittance (always excepting the Taylor Swifts and other music biz superstars).
But there may be some hope on the horizon for musicians, without whom there'd simply be no music business to begin with, and a chance to actually make some real $$ for their labors of love. Hey, they're not making it on Spotify, that's for sure, given that a pay rate of $0.00347 per stream is standard (although I suppose that beats standing in the club/bar coat check area, selling your band's CDs for five bucks a pop ;-).
"Potentiam is a decentralized & incentivized music platform that aims to bring music creatives into direct contact with their target market. Through the Potentiam platform, creatives can fund and promote themselves without the need to rely on middlemen. Through Potentiam tokens (PTM), there becomes an economic incentive for new users to stay and use the platform. This translates into a much stronger community that artists can then leverage in-order to promote and fund themselves. Creators can also crowdfund on the Potentiam platform through what are known as “Decryption tokens”"
How One ICO is Giving Music Artists their Autonomy Back - Potentiam
"Politics is just show business for ugly people."
But there may be some hope on the horizon for musicians, without whom there'd simply be no music business to begin with, and a chance to actually make some real $$ for their labors of love. Hey, they're not making it on Spotify, that's for sure, given that a pay rate of $0.00347 per stream is standard (although I suppose that beats standing in the club/bar coat check area, selling your band's CDs for five bucks a pop ;-).
"Potentiam is a decentralized & incentivized music platform that aims to bring music creatives into direct contact with their target market. Through the Potentiam platform, creatives can fund and promote themselves without the need to rely on middlemen. Through Potentiam tokens (PTM), there becomes an economic incentive for new users to stay and use the platform. This translates into a much stronger community that artists can then leverage in-order to promote and fund themselves. Creators can also crowdfund on the Potentiam platform through what are known as “Decryption tokens”"
How One ICO is Giving Music Artists their Autonomy Back - Potentiam
"Politics is just show business for ugly people."