Technology continues to change the landscape for DIY artists that want to call their own shots. In the last year, the Blockchain has appeared as a potential solution for many of the problems facing anyone looking to release music: fair pay/trade for streaming, expedited payments, transparent distribution. But what the heck is a smart contract anyway? Can these technologies really streamline royalty payments and add transparency to an until-now murky process? What impact will the new token-based economy have on how artists engage with fans and business partners? How do new Blockchain platforms stack-up as compared to existing DIY distribution and crowdfunding alternatives?
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