this post was submitted on 03 Jun 2024
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The problem is that creators aren't getting paid their fair share, and these platforms leech off of their creativity. I hate to be "that guy", but this is where NFTs actually have a use case. Give power directly to the creators of their music by allowing them sell directly to fans. This gives power to the creators and to the listeners who own the NFT. Embracing new technology is a way to break beyond corporate enshittification. We must break past "you will own nothing and be happy" and it seems like blockchain is one of the only ways to do it technologically.
Why not just use Bandcamp? Even with nfts someone has to maintain the CDN. Alternatively, run your own site.
Because then they wouldn't be able to evangelize NFTs. You see this constantly with crypto/NFT tech, a solution in search of a problem
Blockchain is used for Xbox royalties.
The problem is that legacy rights holder (the middlemen) have no incentive to use blockchain to cut themselves out. They have the legal high ground and are not going to give it up.
Right, and blockchain/NFT have nothing to do with that problem. Xbox could have implemented the exact same program without a blockchain, they just wanted the buzzword in the headline.
"By implementing a blockchain-based network and streamlined royalty processing, game publishers and Xbox benefit from a more trusted, transparent and connected system from contract creation through to royalty settlements"
Trust is the key ingredient added by blockchain. Traditional databases couldn't be trusted to be honest.
If a game developer can't trust the platform you're developing for, you probably should look to find better business partners.
Excatly! Turn that around.
Platforms can attract more developers by proving they are trustworthy.
People have a negative image of NFTs because of the speculation and early (crappy) implementations of the technology. It's just a technology. I think web3 will be the answer to a lot of the corporate enshittification issues we see today. Community owned and operated networks and organizations are the future.