Introducing DAOrecords - A Record Label for the Future of Music
The Music Industry is in a State of Decay
Despite 'creativity' being at an all-time-high, with Artists releasing music in a variety of ways independent of the major players, the traditional infrastructure remains as an archaic monolith towering above an ocean of over-saturation. It seems the 'legacy model' that has now spanned centuries is grasping to what remaining power it has over an industry that has been shaken by numerous periods of disruption. With diversifying business strategies, 360 deals and other exploitative mechanisms the bloated companies dominating the sector are on life-support even though they give the illusion they are alive and well.
Introducing DAOrecords
Although the world isn’t quite ready for a fully 100% decentralized Record Label (not yet) we decided to start with a hybrid model that incorporates the traditional business approach but with the company acting as a ‘social enterprise’ that engages primarily in digital distribution. Attached to the company is a NGO, which acts as a ‘Trust’ and distributes funds to the DAO, where artists and their communities can receive funding.
This is totally a work in progress, a controlled experiment that we hope will lead to something beautiful and empower creative communities around the world to become more sustainable, inevitably leading to the creation of some amazing content.
More To Come
This is just the beginning. We believe in positive organic growth and are in no rush to 'on-board the masses', we want to deliver quality music and attract Artists who are looking to be a part of something bigger and join our community, one that we hope will cross the globe and make a positive impact on people's lives.
Check out DAOrecords.org
In The Meantime...
You can read our Article on Medium for the background story. Or contact us if you are an Artist and want to get involved, or simply just find out more!
Hey @daorecords, Welcome to the steemit world!
Time to rock the Blocks and rattle the Chains! Glad to be here and thanks for the warm welcome :)
Welcome to steemit @daorecords.
Welcome the new steemians. Have a great day!
Great suggestions, thanks!
Welcome to Steemit @daorecords so great to see this great initiative here in the community, awesome initiative and def much needed in the space. Steem On! Kudos ;)
Thank you!!! Hope to have some works by YOU, the legend, on DAOrecords ;)
Welcome to the Steemit community @daorecords!
We sincerely hope you find everything you are looking for and have found a new home here.
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Welcome to Steemit daorecords
I saw your #introduceyourself and its nice to meet you.
Blogging is what its all about on this blockchain. The best part is that you could earn money.
I have been here for a while and love it!
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Thank you for the great tips!
Welcome and good luck! Curious what y'all
gonna come with...
Feel free to connect with me for Collabos, DJ, Production, Songwriting...
https://www.luca1777.com/
Greetings ;)
Much love! We will check you out! Stay tuned for more opportunities to come as we welcome fruitful collaborations!
Ok, cool ;)
Interesting concept and business idea. I will be interested to see how this unfolds. Looking forward to future posts about your progress. Cheers!
Appreciate it! Yes, we're really excited to roll this out and have some awesome ideas to activate the community and inevitably create a sustainable DAO!
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Thank you so much for your interest!
Looks awesome!