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"Establishing an ecosystem of venture based funding for artists in the same way we fund startups. Supporting artists by enabling and funding their transition t
by fallingfrog 5y ago
"Establishing an ecosystem of venture based funding for artists in the same way we fund startups.
Supporting artists by enabling and funding their transition to tokenized creativity."
I mean, ideally, this is what record labels and A&R people are supposed to be doing. They just sort of don't anymore. The idea is that you take some of the money from established artists and use it to develop new talent, most of which fails, but a few become the next generation of established artists. Somewhere along the line the record industry was subsumed by apple music, which of course fails to give anything back to the community it leaches off of.