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The $10B Music Industry Problem & How Web3 Solves It | Nigel Eccles @ Vault | #198
Description
In this episode, Nigel will reveal how web3 offers a new path for artists to monetize their work. He unveils eye-opening statistics, highlighting the meager earnings musicians currently make from streaming platforms.
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Name: Nigel Eccles Nigel's Twitter | Vault Website
⏱ TIME POINTS ⏱
00:00 - Intro
05:42 - Nigel's Background
12:31 - Lessons after bulding a business
19:14 - Nigel's transition into web3
27:24 - 10B dollar problem in the music industry
32:56 - What is Vault
44:04 - The future of music
57:29 - Membership for fans & NFT ticketing
01:07:50 - Speedrun Questions