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By Staff Writer for Web3music.com

Introduction to Web3 Streaming Music Services

Streaming music services are quickly becoming the go-to way for music lovers to access their favorite songs and albums on-demand. With the rise of web 3 technologies, streaming music is becoming more accessible and more secure than ever. Web3 is the future of streaming music, and it’s here to stay.

Web3 is a term used to describe a set of technologies that are used to create decentralized applications (DApps). DApps are applications that are built on a distributed network, rather than on a single server, making them secure and more reliable than traditional applications. With web 3, it’s now possible to stream music from a decentralized platform.

One of the major advantages of streaming music with web 3 technology is that it can be done securely. Because the data is not stored in one central location, it’s much harder for hackers to access the data. Also, with web 3, users can access their music without having to worry about their data being shared or sold to third parties.

Another advantage of streaming music with web 3 is that it can be done without having to pay any subscription fees. Music streaming services are often expensive, but with web 3, users can access music for free, or for a much lower cost than traditional streaming services. This makes streaming music with web 3 technology a great option for those who are on a budget.

Finally, streaming music with web 3 technologies can be much faster than traditional streaming services. This is because the data is not stored in one server, and instead is distributed across a network of computers, making it faster and more efficient.

Web3 technology is revolutionizing the way people access and enjoy music. With web 3, users have access to secure and reliable streaming music services that are fast, affordable, and private. As web 3 technologies continue to evolve, streaming music is sure to become even more accessible and secure, allowing music lovers to access their favorite songs and albums with ease.

The future of streaming music is here, and web 3 technology is at the forefront. Whether you’re a music lover, an investor, or an artist, web 3 is the way to go when it comes to streaming music. Join us at web3music.com to learn more about web 3 technologies and how they can impact the music industry! If you’re interested in promoting your NFTs in a trial run, please indicate that on the contact form.

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Web3 Music, in six steps

Six short steps. Track what you finish.

0 of 6 complete

A stream pays fractions of a cent, and it is split before the artist sees it. Label, distributor, publisher and platform all take a cut first. Most artists are not underpaid by one villain. They are underpaid by a chain of intermediaries, each taking a reasonable-looking share.

Payout per stream is what the platform pays the rights holder, not what the artist receives.

There is no single royalty. A recording has one set of rights and the underlying song has another. The same play can generate a master royalty and a publishing royalty, owned by different people, paid on different schedules.

Master rights cover the specific recording. Publishing rights cover the composition itself.

A ledger is good at one thing: recording who owns what, publicly, in a way nobody can quietly rewrite. That solves a real problem, because rights ownership is currently tracked in private databases that disagree with each other. It does not make anyone listen to your music.

On-chain means the record lives on a public ledger rather than in a company's private database.

Most Web3 music projects sold speculation, not distribution. An NFT that promises royalty share is a security in most jurisdictions, whatever it is called on the website. Projects that could not say plainly where the revenue came from generally had no revenue.

Speculative token is any asset whose value depends on the next buyer rather than on income it produces.

Ask three questions of any platform. Who holds the master rights after I upload. Where does the money come from, in one sentence, without the word ecosystem. Can I leave and take my catalogue with me. A platform that cannot answer all three plainly has answered you.

Rights reversion is your ability to take your catalogue back and leave.

Register your works with a performing rights organisation before anything else. It is free or near-free, it is the mechanism that actually pays, and it works whether or not any of this technology succeeds. Everything else is optional until that is done.

PRO is a performing rights organisation. In the US: ASCAP, BMI, SESAC.

Educational only. Nothing here is investment advice. Some links may be affiliate links, disclosed on every page.

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Web3 Music, in six steps

Six short steps. Track what you finish.

0 of 6 complete

A stream pays fractions of a cent, and it is split before the artist sees it. Label, distributor, publisher and platform all take a cut first. Most artists are not underpaid by one villain. They are underpaid by a chain of intermediaries, each taking a reasonable-looking share.

Payout per stream is what the platform pays the rights holder, not what the artist receives.

There is no single royalty. A recording has one set of rights and the underlying song has another. The same play can generate a master royalty and a publishing royalty, owned by different people, paid on different schedules.

Master rights cover the specific recording. Publishing rights cover the composition itself.

A ledger is good at one thing: recording who owns what, publicly, in a way nobody can quietly rewrite. That solves a real problem, because rights ownership is currently tracked in private databases that disagree with each other. It does not make anyone listen to your music.

On-chain means the record lives on a public ledger rather than in a company's private database.

Most Web3 music projects sold speculation, not distribution. An NFT that promises royalty share is a security in most jurisdictions, whatever it is called on the website. Projects that could not say plainly where the revenue came from generally had no revenue.

Speculative token is any asset whose value depends on the next buyer rather than on income it produces.

Ask three questions of any platform. Who holds the master rights after I upload. Where does the money come from, in one sentence, without the word ecosystem. Can I leave and take my catalogue with me. A platform that cannot answer all three plainly has answered you.

Rights reversion is your ability to take your catalogue back and leave.

Register your works with a performing rights organisation before anything else. It is free or near-free, it is the mechanism that actually pays, and it works whether or not any of this technology succeeds. Everything else is optional until that is done.

PRO is a performing rights organisation. In the US: ASCAP, BMI, SESAC.

Educational only. Nothing here is investment advice. Some links may be affiliate links, disclosed on every page.

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