NEAR Protocol - How DAOs have become such a powerful tool for artists and musicians

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1. 0:07

   i am amber someone i am the ceo of menting music and it's just in the name i tell everybody that the slogan is it's just in the name um so we work predominantly with music and a tease my name is paul i'm in the web free music scene from about more than one year and currently i'm working with the nxm with the dial records and with the bin dao my name is tabia and i am co-founder

2. 0:38

   of the muti dao and we are collective a cultural collective and a dao on near we're currently based in portugal my name is tim exile i'm the founder of endless that's endless with three esses which is a live collaborative music creation platform that we've been developing well i mean it's kind of been my brainchild for the best part of two decades i think the fan wants to see the artist win uh we have crowdfunding platforms like

3. 1:11

   kickstarter like patreon that the artists have fully adopted especially on the independent market artists can actually be full-time in music and live and do well for themselves if if they understand where their money is coming from from their songs they understand how to go get it and then they could be fully sustainable and still create more art after that it if if they were taken care of financially they could create more art and do it a little bit more freely and feel alleviated you know i can't create

4. 1:45

   if i'm stressed and so um i think it opens up so much more than just like revenue super fans accessibility i think it actually creates an additional revenue stream that allows an artist to breathe or to eat or to pay their bills or to just keep pursuing art in web3 we can actually take that advantage and the artist can be an owner of the art and he doesn't need to you know give away his profit to the big record company so this is this is the

5. 2:20

   beauty of the web free in my opinion there are two main reasons and one of them obviously is the financial aspect i think especially if you work with culture or arts and you're not a famous artist yet and you don't have enough connections maybe it's incredibly hard to to receive funds to to create just to buy materials or just to organize an event especially when the pandemic was still more vivid let's say you know i i think

6. 2:45

   the real opportunity of web3 technology um to really simplify is you know in the last couple of decades we learned um that social graphs were really valuable um these um these networks that that were kind of facilitated by the internet the connectivity of the internet um but then uh capitalized on um maybe quite brutally by by platforms who who would then uh leverage these network effects lock

7. 3:17

   people into them and then extract huge amount of value from them um and you know right now we're in this kind of difficult period of social media where everyone's realizing that that happened and not everybody is that cool with it um but um the thing that has been proven is that those networks are inherently very valuable um but the problem was that those networks themselves in the old internet didn't

8. 3:42

   remember that value and that's where blockchain um is uh you know is a real game changer because essentially you've got um a social graph that remembers value that tracks value um that has a history um and you know every every single validator on the network uh remembers everything and verifies everything and can track value as it tr as it traverses the network actually nashville is one of the biggest

9. 4:14

   music cities on the planet in in our state just became the second state in the u.s to adopt a dow as a legal entity so things are just changing really really really quickly but mike shinoda just jumped on to warner's uh consulting team for web three you know we know live nation has a web three team uh in-house we know that you know all these big players are you know ryan tedder from one republic

10. 4:44

    and tygo just created their own metaverse band so we're just seeing some really crazy things happening right now on the other end i also think it's super important to know that because the whole web 3 thing is super global you can just connect to people all over the world that before maybe you wouldn't have had the chance to like of course in web 2 you have instagram and facebook and some other platforms but i feel

11. 5:08

    especially near like with the creative ecosystem it's like it's super fast you know like it's you have an idea you're looking for collaborators and a week later you can start working so i think this is what what's really the good thing about it the real promise of web 3 um is that well you know previously we rented our relationship with the platforms in web3 the platforms rent their relationship

12. 5:31

    with with us um as individuals as kind of you know sovereign um creative value creators on a network um and yeah again that really thorny tricky word of value but i mean let's face it people do create value every day like however you know if you want to put whether you want to put a price on that value or not um it's still valuable and that that stays at the edge of the network a part of low fees i think the openness

13. 6:08

    yeah like when i have some problems because i know i don't i'm not developer or i'm not the guy who can code so i have sometimes i have some question about uh astrodaw on some technical side how to do something how to do how to i don't know for example buy nft via stradao using castro dao and some put some vaults to to do this however yeah i'm not able to do this by myself but i can easily ask

14. 6:45

    on astrodoll group someone and they would help me right away this is what i like it's like i feel like i'm a part of this of the everything when i have a question i can ask that question and i will give a reply in the same day so it's like i like that this community is open i like this that this community is helpful i think the main thing for me is really the aspect of community especially in the creative area like

15. 7:16

    the people are very open they really just want to create things together and then it's more about working together rather than competition so i think that's why for us near at the moment it's like it's a great option you know it has this focus makes sense it was all about relationships it was all about people um which i think is a really honestly i think it's a good way to make decisions really look at the people

16. 7:40

    first because the technology will follow the people and um i think you know nier has had probably the most successful run um of all the top chains in the last um six to 12 months and now knowing all the people i've met in the near ecosystem i totally know why because um everybody is yeah i've just had such a great impression of everybody i've met in in the ecosystem so we were

17. 8:11

    we had shopped around um to other blockchains and near was highly attractive because of its carbon neutral um footprint and that it's it's decentralized and i we love that aspect of it as well it's it's creative focused like i i don't know of another blockchain that has this much of a creative network and it's it's thriving it's it's doing what it's supposed to do and it's doing business inside of the ecosystem and it's just really cool to watch that and

18. 8:45

    you know like no surprise here i'm a female in a predominantly male space i've been that even in the music space so um as i got deeper into near i really saw they weren't just talking about inclusion and diversity like it actually really did exist and it was actually um at the forefront of things and when i looked around and i saw a mirror like you could see diversity you could hear diversity you could feel it and that for me was really important because um

19. 9:17

    you know we didn't want to just be a part of a chain we wanted to be a part of a chain that was making a difference um you know and i think the last thing was the fact that you know they're they're not preaching like stay on our chain they're like we want you to be uh interoperable with other chains and and we see that as being the future as well um so the fact that they were already well ahead of that than most other blockchains that was encouraging

20. 10:00

    you