The State of Music NFTs | Austin Hurwitz @ One Big Idea | #136

Austin Hurwitz is the founder of One Big Idea media network (OBI) and has spent the previous 8 years in entertainment, helping launch Amazon Music and was responsible for the strategy and development of Venice Music’s Web3 and community divisions.

In this episode we discuss the current business model for musicians, how streaming affected the music business, and how Web3 offers solutions to the problems that both artists and fans face due to the current music industry standards.

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Name: Austin Hurwitz

Twitter: @austin_hurwitz

Youtube: @onebigidea

Website: https://onebigidea.xyz/

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⏱ TIME POINTS ⏱

0:00 - Intro

6:34 - What is the current business model for musicians?

14:20 - How streaming affected the music business.

22:55 - Will web3 solve these problems for musicians?

32:07 - What has lead to Sound XYZ’s success?

43:13 - What type of people are involved with music NFTs?

45:30 - What will be the web3 music business playbook?

53:31 - What was Art Basel like?

57:36 - Web3 predictions

1:00:10 - Where to find Austin/upcoming projects

1:01:58 - Speed round