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Decentralization Dilemma: Unpacking Blockchain's Broken Promises to Musicians
- thomashop 3y agoIdea: Use blockchain to make the music industry fairer for artists by ditching intermediaries. Reality: out of 34 music blockchain projects analyzed, over 30 fail to - Significantly benefit artists. - Escape centralization or scams. Issues: - Incomplete decentralization brings back intermediary-like controls. - Technical problems, like scaling blockchain for massive music data, remain unsolved. - Legal complexities around music rights aren't easily blockchain-able.