DAO Proposal: Loft Radio 🎧

If an artist can get their own channel, then they can curate their own content. If people like the content they can tip and/or the channel will increase in value as more people start listening.

Also, if you don’t want to go the harbinger route just say that anyone can create a station, and when they do there’s a split of all tips. For example:

  • 10% to Loft Radio
  • 20% to the station
  • 80% to the artist

Loft Radio creates and maintains the platform to make it all possible. The station curates the artists so that users have an easy way to get access to a flavor of music. Artists can focus on making music and when station curators choose their songs they get paid. Everyone wins.

If artist onboarding is the bottleneck, just counterfactually create an Ethereum address for them via the Abridged contracts, then when artists want to claim their tips they just have to login. It’s kind of like the Paypal growth strategy, but better lol

Oh also, if you need a bank of original music for station curators, roll out a TCR. People can submit original music, but when they do they have to stake some tokens to it. Whenever that song gets played the staker earns a small percentage of the tips. If it is found that the song requires a license then the stake is slashed.

This way you can incentivize the community to curate a list of original musics, people have incentives to then curate that music into playlists/stations, and Loft Radio has an incentive to maintain the infra to make it all happen. Best part is, artists don’t need to worry about any of that. All they have to do is make music, and then if they want to claim tips, sign up with an email address to unlock the wallet created for them.

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counterfactually create an Ethereum address for them via the Abridged contracts, then when artists want to claim their tips they just have to login

This is something we’ve talked about and would undoubtably make the onboarding process way easier. It’s important that we’re at least ensuring we have the following to avoid legal trouble & bad sentiments:

  1. Permission from the artists to use their music
  2. Copyright-free, unsigned music

Gonna chat with the Abridged folks to see what can be done here :smiley:

@burrrata what’s your telegram handle?

It’s @burrrata, but I think we’re already in a group chat with you guys and Abridged lol

Hey @jzstern - big fan of Loft Radio. I tune in daily and appreciate everything about it. You’ve curated a great aesthetic.

Looking forward to following along as Loft evolves. :rocket:

Thank you @Alan :smiley:

Don’t hesitate to let me know if there’s anything we could do to improve the experience. Will reach out to you to share some things we’ve learned about artist onboarding soon.