How Web3 and DAOs can be a blessing for the music industry

The music industry is changing. Revenue from recorded music sales has been evolving for over a decade through streaming, and the trend shows no sign of reversing. Although as a macro trend the accessibility of streaming is positive, it offers a revenue pool that is less accessible to undiscovered, underground, and niche artists without a full-scale team behind them. This problem is not unique to the music industry; it is symptomatic of a more significant trend towards disintermediation, in which consumers are increasingly getting their content and services directly from technology layer providers, and seldomly from sources closer to the…This story continues at The Next Web https://thenextweb.com/news/how-web3-and-daos-can-be-a-blessing-for-the-music-industry