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You're answer doesn't have anything to do with my question. The purpose of the DAO isn't for major sellers, it's for authors to pool together their intellectua

by Kranar 6y ago

You're answer doesn't have anything to do with my question. The purpose of the DAO isn't for major sellers, it's for authors to pool together their intellectual property so they can derive royalties from it. >Think about what happened with Netflix What... exactly happened with Netflix? They're a 250 billion dollar company that's incredibly profitable.

acdha 6y ago
> You're answer doesn't have anything to do with my question. > > The purpose of the DAO isn't for major sellers, it's for authors to pool together their intellectual property so they can derive royalties from it. The thread you jumped into was talking about a major seller choosing not to pay royalties. Putting your work into a DAO doesn't change that unless you think that that's the only place the major seller could offer that material for sale … which is unlikely. > >Think about what happened with Netflix > What... exactly happened with Netflix? They're a 250 billion dollar company that's incredibly profitable. How successful have they been at dictating terms to major players? The major rights-holders have been aggressively setting up their own services rather than giving that much control over distribution to a third-party. They went heavily into their own and foreign content to avoid being so dependent on continued availability of content from the major media companies. Netflix was paying them a ton of money, too, so now imagine what happens when the pitch is a DAO which is a bit player in the market and the alternative is simply continuing to offer your works on existing popular services which don't have that problem from the company's perspective. Now, maybe you're saying that if Foster had put his work on a DAO before Disney acquired everything he wouldn't have this trouble. That assumes that he would have found it profitable to do so instead of listing with a major publisher (i.e. someone solves the piracy and exposure problems — bootstrapping services like this is quite hard) but it's also assuming that everyone chooses to stay inside the constraints of an arbitrary system. I think it'd be more likely that, say, you'd just see the content posted on other services and if they're really playing hardball, a bunch of DMCA takedowns to anyone involved with the DAO to prevent residual sales there. There's no plausible path where, say, Amazon, Apple, etc. are going to fold their stores or that a non-trivial percentage of people are going to refuse to buy content which isn't available on the DAO of their choice.

by Kranar 6y ago

acdha 6y ago

> You're answer doesn't have anything to do with my question. > > The purpose of the DAO isn't for major sellers, it's for authors to pool together their intellectual property so they can derive royalties from it. The thread you jumped into was talking about a major seller choosing not to pay royalties. Putting your work into a DAO doesn't change that unless you think that that's the only place the major seller could offer that material for sale … which is unlikely. > >Think about what happened with Netflix > What... exactly happened with Netflix? They're a 250 billion dollar company that's incredibly profitable. How successful have they been at dictating terms to major players? The major rights-holders have been aggressively setting up their own services rather than giving that much control over distribution to a third-party. They went heavily into their own and foreign content to avoid being so dependent on continued availability of content from the major media companies. Netflix was paying them a ton of money, too, so now imagine what happens when the pitch is a DAO which is a bit player in the market and the alternative is simply continuing to offer your works on existing popular services which don't have that problem from the company's perspective. Now, maybe you're saying that if Foster had put his work on a DAO before Disney acquired everything he wouldn't have this trouble. That assumes that he would have found it profitable to do so instead of listing with a major publisher (i.e. someone solves the piracy and exposure problems — bootstrapping services like this is quite hard) but it's also assuming that everyone chooses to stay inside the constraints of an arbitrary system. I think it'd be more likely that, say, you'd just see the content posted on other services and if they're really playing hardball, a bunch of DMCA takedowns to anyone involved with the DAO to prevent residual sales there. There's no plausible path where, say, Amazon, Apple, etc. are going to fold their stores or that a non-trivial percentage of people are going to refuse to buy content which isn't available on the DAO of their choice.