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A Blockchain Music ecosystem where artists automatically get compensated whenever someone violates copyright. Why hasn't this been done before?

Etherum Reddit

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Imagine an ecosystem where musicians choose to sign smart contracts where they are rewarded whenever a broadcasters such as streamers/youtubers shares their music.

I can't tell you how many time I have seen streamers and youtubers get demonitized when they unintentionally play a random song on their platform. Whenever a copyright forces a stream to close money is lost form both ends (streamer and music creator). I believe that upcoming artists would love to sign special smart contracts like this for another revenue stream.

However, for this to be feasible I understand that you would either need :

  • A willing platform to incorporate smart contracts into their system

  • Create an new platform for creators with this feature.

What's hasn't this been created yet?

submitted by /u/pepeman931
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