9 min

269 – 5 Steps to Web3 Success for Independent Musicians The New Music Industry Podcast | MusicEntrepreneurHQ.com | with David Andrew Wiebe

    • Business

Is it time to embrace Web3 as a musician? What steps should you take if you’re interested in making a go of it as an independent artist?

That’s what we’re going to be looking at in this episode of The New Music Industry Podcast.

Download the PDF Transcription

Podcast Highlights:



* 00:27 – Web3 is here

* 01:06 – Learning about blockchain-powered, decentralized platforms

* 02:13 – Discover the platforms and experiment with them

* 03:41 – Dig your rolodex well before you’re thirsty

* 04:34 – Create your first NFT (if you haven’t already)

* 05:46 – Understanding how to handle cryptocurrency, Bitcoin, Ethereum, etc.

* 07:01 – Episode summary

* 08:10 – Closing thoughts



Resources Mentioned in This Episode:



* 016 – 5 Things I Learned From Blockchain Revolution

* 180 – The IMDb of the Music Industry

* 192 – Looking to the Future of a Blockchain-Powered Music Industry

* 237 – Music Streaming, Copyright & NFTs

* 248 – Get Your Music Distributed & Tap into More Revenue Streams

* 260 – The Future of Music & Multimedia

* Odysee

* BitClout

* Koji

* PDF Vault



Transcription:

Hey, it’s David Andrew Wiebe.

Like it or not, Web3 is here. Now, nobody knows for sure how things are going to shake out with the current hype. The parallels to the dot-com bubble are practically beyond reproach, so separating hype from reality is a serious challenge.

But investor Eric Siu makes a good point – it’s called Web3 for a reason. It’s happening, and it’s here to stay. It’s the next evolution of the web.

And so, we need to begin dipping our toes into the waters before jumping headlong into the unknown. But the time to get started is now. The longer you wait, the greater the chance you will miss out on incredible opportunities.

Today, we’re going to be looking at five steps to Web3 success for independent musicians.

Step #1 – Begin Learning

What is Web3? How does it work? Why does it matter?

Whether on The New Music Industry Podcast or Music Entrepreneur HQ blog, we’re no stranger to blockchain related topics:



* You can go all the way back to episode 16 of the podcast to listen to my review on Blockchain Revolution and pick up the book if it interests you

* In episode 180 of the podcast, I talked to Vasja Veber of Viberate

* You can have a listen to episode 192 of the podcast with a href="https://musicentrepreneurhq.com/192-looking-to-the-future-of-blockchain-powered-music-in...

Is it time to embrace Web3 as a musician? What steps should you take if you’re interested in making a go of it as an independent artist?

That’s what we’re going to be looking at in this episode of The New Music Industry Podcast.

Download the PDF Transcription

Podcast Highlights:



* 00:27 – Web3 is here

* 01:06 – Learning about blockchain-powered, decentralized platforms

* 02:13 – Discover the platforms and experiment with them

* 03:41 – Dig your rolodex well before you’re thirsty

* 04:34 – Create your first NFT (if you haven’t already)

* 05:46 – Understanding how to handle cryptocurrency, Bitcoin, Ethereum, etc.

* 07:01 – Episode summary

* 08:10 – Closing thoughts



Resources Mentioned in This Episode:



* 016 – 5 Things I Learned From Blockchain Revolution

* 180 – The IMDb of the Music Industry

* 192 – Looking to the Future of a Blockchain-Powered Music Industry

* 237 – Music Streaming, Copyright & NFTs

* 248 – Get Your Music Distributed & Tap into More Revenue Streams

* 260 – The Future of Music & Multimedia

* Odysee

* BitClout

* Koji

* PDF Vault



Transcription:

Hey, it’s David Andrew Wiebe.

Like it or not, Web3 is here. Now, nobody knows for sure how things are going to shake out with the current hype. The parallels to the dot-com bubble are practically beyond reproach, so separating hype from reality is a serious challenge.

But investor Eric Siu makes a good point – it’s called Web3 for a reason. It’s happening, and it’s here to stay. It’s the next evolution of the web.

And so, we need to begin dipping our toes into the waters before jumping headlong into the unknown. But the time to get started is now. The longer you wait, the greater the chance you will miss out on incredible opportunities.

Today, we’re going to be looking at five steps to Web3 success for independent musicians.

Step #1 – Begin Learning

What is Web3? How does it work? Why does it matter?

Whether on The New Music Industry Podcast or Music Entrepreneur HQ blog, we’re no stranger to blockchain related topics:



* You can go all the way back to episode 16 of the podcast to listen to my review on Blockchain Revolution and pick up the book if it interests you

* In episode 180 of the podcast, I talked to Vasja Veber of Viberate

* You can have a listen to episode 192 of the podcast with a href="https://musicentrepreneurhq.com/192-looking-to-the-future-of-blockchain-powered-music-in...

9 min

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