Imagine if we could hook up Bittorrent and Bitcoin somehow, and made it so you could create a torrent of your work and get some money when people download.
And then people who seed it could maybe get a little cut for helping to host things. And you’d buy tokens and you’d know that almost 100% of the money goes to the artist, and the artist has control over the entire process.
That would be neat, but I’m sure someone here will explain why this is unworkable and stupid. Which is why I posted it.
99% of revenue would go to the first copycats that can feasibly pretend the works are theirs, and dominate the space with their own seeder bots.
Democracy is nice, but…it needs a bit of regulation and enforcement. You’d end up slowly building up a lot of the rules that currently dictate digital purchases, sans corruption.
Good luck doing that with current laws and what happens if the artist doesn’t want to share their work anymore?
What’s funny is that in theory NFTs could have been used for something like that (proof of ownership of a digital good that can be resold), the problem being that you will rely on a third party platforms to authenticate and download the things you own as it can’t realistically be stored on the blockchain…
Imagine if we could hook up Bittorrent and Bitcoin somehow, and made it so you could create a torrent of your work and get some money when people download.
And then people who seed it could maybe get a little cut for helping to host things. And you’d buy tokens and you’d know that almost 100% of the money goes to the artist, and the artist has control over the entire process.
That would be neat, but I’m sure someone here will explain why this is unworkable and stupid. Which is why I posted it.
Imagine YouTube reposts stealing merger ad revenue but it’s your main revenue instead.
That’s definitely a hard problem we’d have to solve.
“What we need are stronger copyright laws.”
- Disney lawyers, probably
Eight hours later, and no one disagreed.
I think you might be on to something
Drugs.
🤔
99% of revenue would go to the first copycats that can feasibly pretend the works are theirs, and dominate the space with their own seeder bots.
Democracy is nice, but…it needs a bit of regulation and enforcement. You’d end up slowly building up a lot of the rules that currently dictate digital purchases, sans corruption.
Good luck doing that with current laws and what happens if the artist doesn’t want to share their work anymore?
What’s funny is that in theory NFTs could have been used for something like that (proof of ownership of a digital good that can be resold), the problem being that you will rely on a third party platforms to authenticate and download the things you own as it can’t realistically be stored on the blockchain…
deleted by creator