Peter Harris: Democratizing the Music Industry with the Streaming Music Cooperative Resonate

Summary

After the successful Ethereum crowdfunding campaign, musician and web developer Peter Harris saw a path to creating a fair, decentralized music streaming platform. Out of that Resonate was born. Peter joined us to discuss why the dysfunctional structure of the music industry results in a bad deal for musicians and why a decentralized platform supported by blockchain technology and run as a cooperative represents a better way forward.

Topics discussed in this episode:
– How technology changed the ability of musician’s to make money
– Why streaming platforms don’t compensate musicians fairly
– The story of how Peter came to found resonate
– Why Stream-to-Own is a better way to compensate artists
– Why Resonate chose to build on BigchainDB
– The benefits of the cooperative structure for decentralized platforms
– The Resonate crowd-owning campaign