i see a new thread's been created focused on your radio DAC idea.
So allow me to jump back a bit and take this thread to a slightly different niche.
I have a business idea, but I don't know how doable it is because of the whole, can musicians create their own coin thingy.
I would like to build a website (and mobile app no doubt) that would be kinda like youtube. Only just audio for now.
You can create a profile (your band, yourself as a singer, a podcaster, comedian, etc.) where you upload your audio content.
When people listen to your stuff, they could, like, share, follow just like usual, only now you could also "Tip" with crypto.
Nothing crazy so far. I mean, if youtube or soundcloub started adding tips it would eliminate the purpose of my site.
The button that would really change everything is the "invest" button.
Where you could invest in shares or coins of said artist.
They would be purchased throught bitcoin or whatever other crypto. So the site would be an exchange but a purely crypto based exchange, no fiat involved whatsoever. Way easier on regulation!
I think Something like this would be great for introducing the masses to all these concepts. Get your average joe to "buy stock" in something he's sure will be popular. "omg the new timberlake song!"
Music, it seemed to me, was the tip of the spear in the whole internet revolution. It's what go everyone to start filesharing, it's what started the P2P thing. Started the decentralization, get people to torrent stuff, etc.
If music can be what makes kids BUY their first stock (bankless baby!) at the age of 13, and sell it, trade it. That would be amazing.
The goal is also of course to make it super easy for anyone to just create a profile, and create their own coin/share to fund their aspiring careers.
And since Bitcoin is the reserve currency for these new coins, great for everyone. No dilution objections.
So there's my busiess idea.
An exchange website. No fiat.
THE place from music. all in high quality, uploaded by the artists, no copyright infringements, no ads (of course it COULD be added by the artist if he wished)
People could like, share, follow, tip, and invest in a song/artist.
incentive to get your music out for free.
incentive to SHARE new music to the world, not just out of altruism but out of greed and selfishness. (gotta harness the power of those human traits haha!)
I'm sure this could one day be a DAC too. Would put me out of business ahha but I think a website à la youtube would be great to introduce the masses to these new concepts and possibilities. Sort of a stepping stone. A site to bridge the gap.
What do you think?
The only thing missing (and it's a huge thing!), is the coin/share. I need to have a system where creating your coin is as easy as creating a facebook profile. All coins on the site would be identical copies of the other, only the name and logo would change.
Now, HOW oh HOW, would the value of it track the artist/song....
That's the question.