How Fans Can Invest in Songs and Get a Return

Joining us this week is Mark Miller who is the CEO and Co-Founder of the Web3 company, Labelcoin, also known as “The Robinhood of music.” With the mission to eliminate artistic poverty, Mark breaks down how music fans will become investors and the benefits the app will have on artists’ careers. Learn more about Labelcoin here: https://labelcoin.io03:04 From running a booking agency to founding a startup16:17 Treating artists as a company19:54 Making songs investable with Labelcoin30:55 What the future Labelcoin app will look like32:03 Integrating with distribution services and running transaction fees34:34 Operating within the cryptosphere39:06 Music fans becoming investors46:14 What blockchain is Labelcoin built on?49:02 What artists and fans can look forward to when Labelcoin launches50:45 Breaking down the Curated Collections56:46 Integrating with third party companies and housing your NFTs1:03:53 Final questionSubscribe to The New Music Business: https://aristake.com/nmbAri's Take Academy (use code NMB for 10% off): https://aristakeacademy.comWatch more discussions like this: https://bit.ly/3LavMpaConnect with Ari’s Take:Website: https://aristake.comAcademy: https://aristakeacademy.comInstagram: https://www.instagram.com/aristake_TikTok: https://www.tiktok.com/@aris.takeTwitter: https://twitter.com/ArisTakeYouTube: https://www.youtube.com/user/aristake1Connect with Ari Herstand:Website: https://ariherstand.comInstagram: https://instagram.com/ariherstandTwitter: https://twitter.com/ariherstandYouTube: https://youtube.com/ariherstandConnect with Mark Miller:Website: https://labelcoin.ioTwitter: https://twitter.com/labelcoinInstagram: https://instagram.com/labelcoinEdited and mixed by Maxton HunterMusic by Brassroots DistrictProduced by the team at Ari’s Take Hosted on Acast. See acast.com/privacy for more information.