Comment by @lxrdox • Hey

You hit the nail on the head James! Excellent post! I will add that we do need a Web3 version of Spotify badly. Other posters here made a great point abou

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Thank you ser! I like the idea of streaming service meets web3 tokenomics. That’s a cool idea. The other thought that comes to mind is that there is already an extensive catalog of music available on IPFS or arweave. So, similar to how Lens front-ends can focus more on UX and less on building a user-base (since the social graph is already established), web3 music platforms could focus on developing ways for artists to receive payouts, rather than spending time building catalogs. I think the first web3 music platform to figure out how to pay streaming royalties to artists wins.