Horacio spoke with Noble Drakoln and Barnaby Andersun, the co-founders at BAND Royalty. Noble and Barnaby have more than 60 years of business experience. Noble has been investing in music royalties for nearly 60 years, and Barnaby is a world-renowned expert in blockchain technology. BAND Royalty is a Web3 music label looking to change the way artists, music fans, and music investors interact. BAND Royalty is founded on creating an alternative to a music industry widely viewed as broken. The music platform is changing how music is produced and consumed by harnessing blockchain and NFTs.
Discussion topics include:
• How the music industry is set up against the artist
• Multi-platinum artists exploited by record labels
• The corruption in the music industry
• Finding solutions for industry problems
• Music as a technology driver
• Buying a catalog of music to profit from aggregation
• Creating multi-track, music-specific NFTs
• The immediacy of paying out royalties through blockchain
