I have to admire your perseverance, Jonathan. The music business is weird. (I’m on the outside looking in.) The change to family is the best.
This concept is very interesting, so some thoughts:
- It is a little disheartening to see that, despite a lot of work, YouTube and Patreon do not provide a living income to anyone. As supplemental income, yes.
- It is likely a benefit that some of your outside income might originate from your YouTube and Patreon content. Let’s add Medium as well. This is good. Less negative than my first point.
- Blockchain sounds exciting that it may offer creatives a way to earn income from a wider (possibly worldwide) audience. Other creative people here on Medium have expressed optimism.
- Downside: all this blockchain stuff is crazily complex. Read some of the Medium articles on what is happening. I’m not sure anyone understands it. IBM announced a major blockchain initiative today, I believe.
- (I think) Blockchain services will need some type of user interface that normal people will understand. Companies will provide these services — oh wait, it sounds like SoundCloud, Amazon Prime, Google Play, and iTunes? Should you use those?
- Related to all of this are the challenges of discoverability, storage costs, and delivery/downloading of product. You’re not going to email each customer a song and 27,000 songs might take up some Internet space for which someone will charge you. Hmmm, see company list above.
Blockchain thus has challenges. Creative people have challenges.
BUT YES, I think that payments (micro payments?) for ANY creative work DIRECTLY TO musicians, artists, writers and others through the potential of international blockchain users is EXCITING. (I know nothing about blockchain except by reading.)
I hope that you continue to write about your experiences with blockchain here on Medium and hope that it leads to success. (No need to respond.) (Why am I writing in parentheses?) :-)