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Daniel is the founder of Paperchain. Paperchain delivers early access for streaming revenue to artists, management and label teams.
Paperchain works with record labels and artists, which connect to streaming feeds. They can pay out early, based on that data.
Streaming didn't create new issues but it brought to light what was already happening.
Everyone streams now, which is a shift for artists.
Although many micro-transactions occur, it takes a while for that revenue to come back to artists.
The main opportunity is in the musician fan relationship. The value the musicians are creating isn't always captured by them.
Helping artists with their revenue model is key.
Attribution means making sure the original artist gets credited properly.
Blockchain may not be able to scale to what the music industry would need.