18 takeaways from .@steveaoki’s & .@RaoulGMI’s chat on .@RealVision that’ll make an impact
= thread =
1/ being a Producer influenced his #crypto journey:
“You have to always think about what the future looks like.
The best musicians & producers are the ones that are actually very good at predicting where things are going because they're actually carving the road.”…
2/ .@steveaoki on investing:
He invests in undervalued startups — especially research orgs & scientists that are keen on 🧠 research.
“That's what's
interesting to me the most. Then what everyone's already jumping into, I'd rather know what the small circles
are doing.”…
3/ the role of #Web3 in the music biz:
It gets rid of the middle man’s (record label) shenanigans, where they take 80% of the economics when the artists are doing all the work.
Personal note: “Artifact” directed by .@JaredLeto is a great documentary that elaborates on this…
4/ #Web3:
“There's a lot of passion & excitement. We're creating so much noise that the whole rest of the 🌐 is: what's going on over here?”
Synergy is happening in Web 3.0. Communities are forming in Discord/TW in real-time
Once you expose to the community, you’re part of it.
5/ … In Web2 we create a product and put it out there. If it sells, cool, if it doesn't you move on. It's a one-way conversation.
Web 3.0 is different because it’s a 2-way conversation & you’re hearing a lot.
“It's not necessarily about you anymore. It's about us.”…
6/ … “we're trying to figure out what fish we bring to the table,
how we chop it up, & share it with everyone.
When everyone wins, it's a much more powerful feeling
than just you & your team winning.
We’re human beings, we're naturally empathetic people, we want them to win”.
7/ sharing financial rewards w/ “fans”:
A #web3 community isn’t a fan club. If you release an album, I can buy a share of a token on one of the tracks.
You can go to TikTok/Instagram/ and promote it like crazy because if it does well, I have a stake in that revenue… 💰
8/ Social tokens:
“culture is one of the most valuable things in our lives, but it's undervalued.” .@RaoulGMI
Creating a currency around culture will be very helpful because artists will be valued at what they should be valued at —their market cap, not their follower count...
9/ … i.e. #Nike’s value comes from its cultural relevance.
#web3 takes away the power of culture from corporations who’ve monetized it and comes back to the creator who deserves it.
“it's not just like entering a new chapter, we're writing a whole new book.” 📖…
10/ .@steveaoki’s #metaverse:
It's not like responding to comments on your social media, it’s a social club that ties IP + everything in
“I'm seeing what utility is, what communities want,
what the creators are offering”
1. Deliver ASAP
2. Know what they want & surprise them…
11/ .@steveaoki’s Playhouse in the #Sandbox is his house on steroids, acid, and mushrooms 🍄.
- fall through the foam
- pit into another worlds and dimensions
- games
- quests
- NPCs & characters
- 🎵 festivals
- cake throwing area
- interactions with .@SnoopDogg’s lot (?)…
12/ “For creators, this is the perfect canvas, because you could just build your fantasy”
For artists is difficult to scale because you have to be there, but the #Metaverse fixes that because .@steveaoki & others can interact w/ fans globally without being on a ✈️ all the time…
13/ power of 🎵:
“the high of playing shows is greater than any drug.
The high of connecting w/ people & their deepest, most vulnerable emotional
state -because that's what music can really bring out of you, is to crack your shell.
That's my
goal, I want souls to connect.”…
14/ “it doesn't matter what culture or language you 🗣, what you look like, where you came from, we all have this yearning, this emotional energy that’s trying to
connect with each other.
Music can make that very easy if you allow it to. You have to let the music drive you.”…
15/ … “that's why music is very similar to love.
When it takes over you, all rationality is out the window.
You just say fuck it, just kick me in the face. I'm ready to go crazy.”…
16/ IRL v #metaverse digital events:
We need to understand the basis before designing the depth
VR will be as close to real life as possible
“It's not just about the visual experience, it's about the feeling, to get the emotional basis down rather than just make it very cool.”
17/ #web3 artists’ framework:
It’s not a fan club, it has to offer more so the conversation is about building
“If you're not willing to do it, just stay in Web 2.0 & there's nothing wrong
with that. You could thrive & succeed as an artist doing your shows & putting out your 🎶”
18/ … 1st question to answer is “Am I willing to give more?”
You have to be willing to slice the 🍞 off for others.
Money can’t be the driver. If you’re good, 💰 will follow.
“Like all things in the world, if you give great service to your community, you will
reap rewards.”
Thank you for getting this far! If you liked this thread, please RT the first tweet 🔁
Gratitude to .@steveaoki & .@RaoulGMI for your valuable insights!
👇 If you want to learn more, check out this and similar FREE #crypto content on .@RealVision realvision.com/shows/raoul-pa…
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