IDEA: Play to pay music (directly)
Extracted from 7/11 MIT Media Lab (Digital Currency Initiative) x Mediachain Brainstorm Doc:
https://docs.google.com/document/d/1Ke0ivPo7GZXHVEU0oV1q2IeWOUJ_ZkcHi95EqWsDxBk/edit
Consumer Description:
“A way to support the artists who’s music you listened to directly”
Technical Description:
System for identifying a song, looking up associated payment terms (Bitcoin address?) and remitting payment.
Fingerprint/Keyword Search → Mediachain Identifier → Bitcoin address
Thesis:
The music library is a commodity, abstracted by new UIs (e.g. Echo → Spotify/Pandora/Amazon)
An open, decentralized library allows for more innovation (new UIs), and more direct relationships between consumers and creators/rights owners.
Related projects:
ProTip (Journalism)
Ujo
Music app stack (top → bottom)
- Interface (UI, Curation, etc)
- Payments (BTC/ETH)
- Search → Decentralized, Canonical Content Index (IDs, Descriptive Metadata, Usage Data)
- Binary Media (IPFS, Youtube, Soundcloud [APIs], S3, BitTorrent)
Strategies for ingesting binary media:
- Bot (reddit/twitter/facebook messenger/whatsapp)
- Browser extension (e.g. Chrome extension to fingerprint / lookup fingerprint / prompt(?) to send bitcoin / mark usage data)
- MVP could be keyword (artist/title) search, then audio fingerprinting
- iOS8 app extensions (share)
- APIs (login with Spotify, Soundcloud)
Strategies for building Canonical media index
- Ingest MusicBrainz
- Last.fm Scrobbling
- Scrape TK- Identify other canonical data sources
Next Steps:
IDEA: Play to pay music (directly)
Extracted from 7/11 MIT Media Lab (Digital Currency Initiative) x Mediachain Brainstorm Doc:
https://docs.google.com/document/d/1Ke0ivPo7GZXHVEU0oV1q2IeWOUJ_ZkcHi95EqWsDxBk/edit
Consumer Description:
“A way to support the artists who’s music you listened to directly”
Technical Description:
System for identifying a song, looking up associated payment terms (Bitcoin address?) and remitting payment.
Fingerprint/Keyword Search → Mediachain Identifier → Bitcoin address
Thesis:
The music library is a commodity, abstracted by new UIs (e.g. Echo → Spotify/Pandora/Amazon)
An open, decentralized library allows for more innovation (new UIs), and more direct relationships between consumers and creators/rights owners.
Related projects:
ProTip (Journalism)
Ujo
Music app stack (top → bottom)
Strategies for ingesting binary media:
Strategies for building Canonical media index
Next Steps: