Love to see old friends experimenting on the bleeding edge.

This NFT includes publishing rights to the song.

This is the idea that sparked my journey from music to crypto.

Soon all IP will be onchain, direct to creators, and we'll obviate copyright w something better.
publishing royalties are part of the legacy music copyright system. they are rights for use of the song *writing*, which is different the recording of that song.

(e.g. a song can be performed/recorded by multiple artists)
platforms like Spotify have to pay publishing royalties when the play a song.

so do arenas when the play songs at a basketball game.

its arcane to administer this.
right now none of these royalties flow on chain, so the winning bidder on this NFT will have to make arrangements with @jacquesgreene to figure that out.
but one day royalties will flow on-chain...

though they likely won't be the same old music copyright royalties, but digitally native versions

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More from @jessewldn

15 Feb
Crypto will be the "port of entry" for all internet media.

My thoughts on NFTs, finally in one place (on @viamirror) 👇…
This post strings together a bunch of disparate tweetstorms and thoughts I've had over the years.

Quick summary:
A simple way to think about NFTs are as files that live on the blockchain.

This means that like Bitcoin, they can't be copy-pasted, edited, deleted, or otherwise manipulated.
Read 20 tweets
13 Jan
We all have A LOT of work to do to help ppl understand crypto.

Simplest explanation I’ve found works:

“Imagine if users like you owned the platforms and products they use everyday online...crypto tokens = user ownership.”

- BTC : banks
- ETH : compute
- XYZ : more apps 🔜
@ChrisLyons we gotta do a follow up on the ownership economy
@delane thank you for
starting this up!
Read 4 tweets
23 Dec 20
NFTs are awesome.

Today I sent a unique, programmatically generated artwork to people who supported me in getting @variantfund off the ground this yr.

A token of appreciation.
I worked w @jeffgdavis and @artblocks_io to create the limited series "Variant Plan F01Y20."

A randomized hash string determines a unique layout and color placement which makes each NFT the recipient's own.
I'm personally drawn to on-chain generative art because it feels like a native expression of this new medium, smart contracts.

The community @artblocks_io is all about this, and Jeff really nailed it with something bespoke for @VariantFund
Read 6 tweets
18 Dec 20
@spencernoon has stewarded (and backed) an incredible community of builders by championing data driven insights, and creating venues for builders to do the same through @OurNetwork__
He's done all of this as a solo investor in FL—long before it was cool/the new Silicon Valley—a testament to crypto's decentralized, internet-first culture.
Read 5 tweets
7 Dec 20
NFTs are very early in the irruption-installation phase of Perez' hype cycle.

I'm optimistic they are going to work with mainstream audiences, but what is the wedge?

If I had to guess, it'll play out as follows 👇
1/ Irruption becomes frenzy alongside the backdrop of a crypto bull market. Digital artworks sell for $MMs, grabbing headlines, creator and collector attention.
2/ Developers rush in, building new marketplaces and experiences around issuing, collecting and trading NFTs.

This is clearly happening right now. New marketplaces and subniches are popping up daily. My fav as of late is @artblocks_io for generative art.
Read 8 tweets
7 Dec 20
A few thoughts on @mirror_protocol:

1/ Being able to "invest in whats in the fridge"—brands whose products and services are used or recognized globally—is now globally accessible, as it should be.

Buy $mAMZN, $mTSLA, $mGOOGL from anywhere.
All synthetic assets created on Mirror are "reflected" on Ethereum, tradable via Uniswap:
So DeFi is happening elsewhere, but assets flow to Ethereum for DEX & composability.

This is early signal that Ethereum's role as the settlement layer in the "layer cake" is solidifying.

Read 6 tweets

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