Music NFTs, not quite ready for primetime?

In this episode, Steve chats with Laide about Music NFTs, what's broken with the music industry, and where the industry needs to evolve for a more equitable experience for artists and music fans alike. Steve also talks about how Web3 and blockchain play a role in that evolution as well as what he and his team at Vezt are building.Steve is the CEO and co-founder of Vezt. Vezt provides a digital marketplace for artists and songwriters to share a percentage of a song’s royalties to fans and brands for royalty-based financing through a process that Vezt calls Initial Song Offering or (ISO™). Topics & Timeline1:45 - Steve's background & interest in Web37:25 - Why music artists no longer need record labels12:25 - Music NFTs & what most are underestimating with Royalty payments13:57 - Music NFTs versus Initial Song Offering (ISO)20:42 - Why mindset needs to shift around music consumption to ensure artists are properly compensated25:30 - More about Vezt's Initial Song Offering (ISO) Process37:25 - Vezt's switch from Ethereum to Stellar43:35 - Vezt's controversy about customers not receiving royalty payments53:30 - What's next for Vezt?Links from this EpisodeVeztFollow on Social Media VeztLaideOnchain Medley Podcast