Tokens and Value
David and Justin discuss the power of Tokens, specifically the ERC 721 standard, for creatives like digital artists and musicians. They delve into the value returned versus value extorted by record labels, acknowledging that while some add immense value, others fall short. Justin shares a personal experience with a bank, highlighting the need for a Bankless system.In this clip
From this podcast
Bankless
SotN #37: Justin 3LAU - The Frontier of NFTs ($12M drop SOLD, A Token Renaissance in Digital Art?)
Related Questions
How does blockchain technology facilitate the tokenization of music royalties?
How does blockchain technology facilitate the tokenization of music royalties as discussed in the episode Kevin Rose: His $100M/Year Watch Blog, Money From Digg.com, & Web3 Business (#382) and the clip Decentralized Rewards Systems?
Can you provide real-world examples of music royalties being tokenized using blockchain technology, specifically in relation to the episode Talk Your Book: Investing in Music and the clip Taylor Swift's Market Value?