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Subvert – Collectively owned music marketplace

(subvert.fm)
226 points cloudfudge | 1 comments | 18 Oct 24 16:17 UTC | HN request time: 0s | source
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mmooss ◴[18 Oct 24 17:57 UTC] No.41881857[source]▶
It's a great start. Co-ops and non-profits can also be subverted and taken over. I hope you look ahead and plan very carefully.

For example, according to an (unverified) story someone told me, a vendor to US east coast food cooperatives now controls many of them; they get their person in, pass bylaws empowering them and disempowering the board (the board usually lacking sophistication), and have deeper pockets for any legal struggle than any co-op member does.

Also, I remember in the news that a non-profit or limited-profit company in the IT industry, founded for the public good, is going to be turned into a for-profit. The board actually fired the person behind this plan, but that person came back and fired the board members.

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__MatrixMan__ ◴[18 Oct 24 19:05 UTC] No.41882450[source]▶
The FAQ has:

> Is this a crypto thing?

>> No.

I realize that crypto is a bad word for some people, but I think that the above answer has a corollary:

> Does it have a single point of control that will attract corruption if enough of us start using it?

>> Yes

Certainly plenty of poorly designed crypto things also have that point of control, but a well designed crypto thing at least has a shot at resilience.

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theamk ◴[18 Oct 24 19:43 UTC] No.41882792[source]▶
Smart contracts only affects on-chain stuff, and this deals with real-world things. No smart contract is going to help you if webmasters update website, or if a board decides to add a rule.

See also: NFT delisting.

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__MatrixMan__ ◴[18 Oct 24 22:35 UTC] No.41884106[source]▶
When I imagine using crypto for this problem, the on-chain portion is a registry of hashes (for the songs) which maps them to addresses which I can send money to and then the contract multiplexes the money out to the appropriate people. So if it's one dude with a guitar and a microphone, 100% goes to him. But if it's a remix of a remix of a remix, then maybe that money gets split 50 ways.

I don't know if I need a website or a board for that. Of course I'm not the one building this, so my imagined design doesn't matter. But the question is: if not that, then what? I'm curious, I'm just gonna sleep on it before I decide that I'm $100 curious.

Edit: I see I can get the zine digitally first before deciding to be an owner. I guess I have some reading to do.

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1. hatsix ◴[19 Oct 24 03:23 UTC] No.41885415[source]▶
That's not how music gets paid out. You have the label, publisher and PRO/CMO. The actual amounts depend on both where the purchaser is at the time of purchase and where the payouts go to.

There's a reason there are so few players, it's complicated once you go international. I would suggest going after the massive corpus of laws, but most are the to protect artists... they just do it in very different ways, and often pre-date the Internet.