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I'm not hopeful about this for a few reasons: - They used to be really into blockchain / smart contracts: https://www.theguardian.com/music/2018/may/25/resonat
by skyfaller 5y ago
I'm not hopeful about this for a few reasons:
- They used to be really into blockchain / smart contracts: https://www.theguardian.com/music/2018/may/25/resonate-spotify-music-streaming-service-co-op https://www.theguardian.com/music/2018/may/25/resonate-spoti...
- Looking at their forum now, they say that they are not currently using or planning to use blockchains, but it seems like their founders aren't actually opposed to it, so I'm not sure they'll be able to hold the line against it: https://community.resonate.is/t/the-unreasonable-ecological-cost-of-cryptoart/935 https://community.resonate.is/t/the-unreasonable-ecological-...
They have a lot of discussion of how they'd like to try to achieve the effects of NFTs without actually using blockchain tech, which, uh... feels like flirting with disaster to me. Seems like they don't quite get the core issues and are in love with flashy technology and complex financial structures.
- kixiQu 5y agoI don't really think a coop is a "complex financial structure" itself, but I am hoping that democratic control aspect can forestall the blockchainification. That might be naive. > how they'd like to try to achieve the effects of NFTs without actually using blockchain tech, which, uh... feels like flirting with disaster to me To be fair, the "you need to pay for a license to have your otherwise unassociated digital music file be legal" copyright situation is the bizarre NFT-like thing that we all take for granted.
- kixiQu 5y agoSomeone project-official wrote: > no blockchain or such in the works; previous experiments in 2018 hurt the co-op far more than they helped it. https://social.coop/@hakanto/107889107767011612 https://social.coop/@hakanto/107889107767011612 So that's cheering!