Crafting the Harmony of Tech and Tunes for Tomorrow's Artists

Prepare to be captivated as we sit down with the brilliant minds of  Florian and Ryan, the co-CEOs of Project NEWM, as they unveil their innovative decentralized music ecosystem. It's a groundbreaking conversation where we navigate the intricate world of NEWM, Studio, a Web3 powerhouse challenging the status quo of music distribution. We get an insider's perspective on how they're meticulously crafting a platform that's not just a haven for streaming and ticketing, but a revolutionary space where artists can tokenize their music IP rights, and fans can tip directly, all while wielding governance through the NEWM token.

Ever wonder what it's like to release your own music with just a few clicks? I'll share my personal journey of uploading my debut song to Project NEWM and the sheer simplicity of it all. We'll tip our hats to the unsung heroes like Adam Bloom, straddling the line between music distribution and his own creative exploits, and Marcos, who keeps the community heartbeat strong. With Project NEWM's recent surge in funding and their buzzworthy stint on reality TV, we toast to the harmonious blend of tech and tunes that's reshaping the music biz.

Our exploration doesn't stop there; we delve into the seamless fusion of music NFTs with a user-friendly mobile app experience that invites the Web2 crowd into the Web3 realm with ease. Imagine a world where playlists pay you back or where an audio platform showers you with tokens just for listening—this is the future Project NEWM envisions. Join us as we peek behind the curtain with top developers like Quinn and Andrew, who are scripting the smart contracts that could redefine musical royalties and IP management. It's not just a tech talk; it's a creative symphony that's playing a new tune for the digital age.

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Transcript

Speaker 1: 0:00

Welcome everybody to Cartoon Over Coffee. We got a great show for you today and remember you can join us live on X Spaces Monday through Friday 9 30 am Eastern Standard Time, 2 30 pm UTC. Joining us today is Project Noom. They're on a mission that mission Change the music industry. Listen in to find out more.

Speaker 2: 0:25

Oh snacks Project. Noom, you go in for the innovative. Very excited to welcome you guys back. We had Flo Florian over there. The co-CEO of Noom joined us very recently in the last few weeks talking about some great catalyst things. I know you guys have gotten some great support. You're making waves on Killer Whales on the Airwaves, reality TV and now Noom Studio is off to the races. So, gm Noom, happy Thursday. How are you, my friend?

Speaker 3: 0:55

I am obviously not nearly as caffeinated enough as you are for this morning, but I'm doing fabulous. Man, it's happy to have a pop on here. How are you guys doing this morning? Great?

Speaker 2: 1:08

GM Ryan, Great to have you here. The second half of Noom are other co-CEO, my friend. Great to have this little cup of conversation with you. And we're are caffeinated to the bricks here, Maybe doing some ice baths, getting that little jolt of energy in the morning, man Stoked to cook up with you. Love to hear it. We do have Flo as well. So I wanted to give a GM happy Thursday to our other co-CEO of Noom. How are you, my friend? Welcome back to Cardano Over Coffee, Mucha. Gm. Gm. Indeed, indeed. Well, we got Ryan in the hot seat and it's going to be great, it's going to be awesome. Ryan, could you? For those who may or may not know you as an individual, you have been around. I met you in person at the 2021 Cardano Summit over there in Wyoming back in the day. My friend, at this point in time, how far we've come? But give people a little introduction your background and what Project Noom purports to do for the future of the music industry.

Speaker 3: 2:07

Yeah, so I'm Ryan for anybody who doesn't know Might be known as Maestro on Twitter and I am a musician myself and an educator. So I got a background. I have two master's degrees, one music education and one in conducting and not the train type, it's the flap your hands in the air type, and so I've been doing that for a good hot minute. So I've gotten the pleasure to live in both the. I'm a classically trained musician who also does commercial music, so I get to live in both worlds of the music space and so I've kind of come from that. And around pandemic time I were right before that I started having some crazy blockchain ideas, how they can apply to the music realm, and that kind of led me down this path a few years ago now. So, and here we are now, and so, basically, if anybody doesn't know what Noom is at this point, it's also it's not Noom. I keep hearing people say that and which is fine, noom, if you I think we posted this at one point my music nerd self. We were originally Muse and then I got a cease and assist in the mail from Ban Muse and even though we were not a music group, we were a startup and couldn't afford to be right legally in the courts. So we pivoted and we changed the name to Noom, which is one of the earliest forms of Western civilization music notation, so like pneumatic notation and we changed the spelling a little bit. From the marketing team and off to the races. We went so, so and so we got the name.

Speaker 3: 3:58

And for those who don't know this, so we're building out a decentralized music ecosystem with a whole bunch of parts, so, and that's what we've always kind of pushed. But within those you have decentralized streaming platform, you have ticketing solutions, you have governance with a Dow, you have direct tipping and micro payments to artists. And then the other really, really big thing is you have those tokenization, a fractionization of music IP rights. So which leads us to our very first in house product that we've just released I think on February the 14th it went live officially for everybody which was our new studio, which is the, to my knowledge, the only and the first web three powered music distribution service. So for anybody that's a musician, you will very quickly know that you probably use CD baby distro kit. We're actually competing against them. It's not this, we're not doing the. It's not like the Spotify is. Only we're competing with infrastructure from the web to side, which is really cool. So that's a brief overview of our rat now.

Speaker 2: 5:12

I love it, man. It's pinned up at the top if people want to check it out. All of these different things that we're going to get to Indeed. As Ryan mentioned, here's a pin tweet from him talking about how you can truly empower and provide value to fan bases utilizing this platform. There is an overview, a little schematic graphic representation, about the Noom token itself in terms of its offerings of utility with respect to governance, protocol, incentives and transaction in-app usage, such as tipping, which is great to see as well.

Speaker 2: 5:42

Some great dedication from yourself. You gave us a little background about yourself personally as a musician and into the world of being a conductor. It seems like things are really cooking over there. I have a lot of respect for the team. I know you guys cook with Andrew Westberg, one of my favorite chefs in Cardano, one of the great technological innovators. I'm assuming that his work is behind this Noom Studio. Take us through it, man. What is Noom Studio? If I'm an artist, if I'm a creator and I want to get my music out into the world? I've heard the promises of Web3. People talk about NFT distributions, royalties and all of this. It seems like you've really taken some of those best incentives that exist within this technological ecosystem and rolled them all into one with the Noom Studio. That's available. If I'm an artist and I want to get my things out there, what is it going to be like to be releasing on Project Noom?

Speaker 3: 6:35

Yeah, I'd say. If you're an artist right now, you know that if you're going to get your music out to the world, you have to distribute it through a distributor in the Web2. Basically, you have two options. For the most part there's others, but a lot of people use the two big ones, or DistroKid and CD Baby. Depending on which one you pick, you either have to pay every year to keep your music distributed For one. If you didn't pay the next year, your music would magically go away from all the streaming services. The other option they would take 5 percent of your streaming IP. That's obviously crappy too. With our distribution service you actually get to A keep all of your IP, and B you pay one time and it's distributed in perpetuity. Just from strictly a value prop. Even just Web2, it's already pretty dang cool At that point. Then you have that Web3 goodies of the tokenization of your assets. That's the fun part of the equation on our platform. There's. The next step to that is what can you do with all those stream tokens? We'll talk about that in just a second.

Speaker 3: 8:03

But basically in the regular world, whenever you do splits and stuff like that, a lot of times more than times or not people have to go see lawyers and they have to spend legal money. We own this much, you own that much, yada, yada, yada. Well, the beauty of part of our system is that when you go through our distribution system which Nito has posted a video of him without speeding up anything basically, it took him like three minutes to go from starting the process to it being sent out for quality control check. Basically, what we do is that just with you filling out some boxes, checking some things and typing in the percentage. When you're done, at the end of the process, you are literally left with a stream token, agreement, a legal document essentially, that we are very proud of. It's meant, it on chain and it's associated with that particular piece. You didn't have to talk to a lawyer, you didn't have to go pay legal fees and it is that easy. The ease of use and the user experience on this is just.

Speaker 3: 9:18

I think it's fantastic and honestly to quote somebody else that was already using it they say well, I guess I'm never going to use this token again. It's because two reasons One, the Web 3 side, which we'll talk about in a second, and two, it's more sexy than the Web 2 versions and you get more value from it. So that's where this distribution service, that's where the power from this lies. It's just the first piece, because we have so many other things that we I mentioned earlier, but the only way you get to have those is by controlling the money flow and bringing the money flow onto the blockchain and via the tokenization of that asset. So this is why we chose to do this first, and it was artist-focused.

Speaker 3: 10:06

This was a product for creators. So then the other beauty of it is is, as soon as you put it out, we already map the royalty splits. From the point of conception, it's all based off of your stream tokens and that's where the splits go. So it's utilizing the power of the blockchain and snapshots and native assets to be able to do that in a responsible manner, because we have, basically, you have the one transaction that we submit to the chain. So the smart contract usage is extremely, I think, responsible. It's not bloating the chain with weird things, and I have to thank Andrew and Quinn or the ancient Kraken, who's our smart contract div, so that's a very quick value prop. Then, obviously, the next step is when you get these tokens, what the heck do you do with them? Well, you can do some things, but I'll answer those questions in a hot minute. So heck.

Speaker 2: 11:05

Yeah, man, that's a great deep dive. A big shout out to Nito as well, who has been producing this content. The video that you mentioned is pinned up in the second tweet there for a very quick overview about the user journey, precisely what I had asked, and you have a video response in your holster ready to fire off into the chain. So shout out to Nito, great friend of the show. We love his Friday song and energy that he brings to all things Cardano Awesome. To see this artist centric approach as well, where you have been consistently highlighting individuals like him, is great to see. We do have a hand up from the legendary AI love in the house, so I will pass the mic to him and we will keep rounding around.

Speaker 5: 11:49

I, youngish, show my brother a new path with it. Moment there's no money being me, I travel across the world. I'm trying to find out what it means. They say my life is fortunate, but it ain't, it seems. So how the fuck you judging, nigga? You ain't even me for real. So, nigga, how about now? Niggas hating on the low behind that crooked smile, niggas worried about it If I'm pushing extra miles, my feelings in the creon for the make my rounds.

Speaker 6: 12:41

The power that music has through vibrations.

Speaker 6: 12:46

Good vibrations in peace to all happy, happy, happy, happy, happy with. Today's day is Friday, man, I'm in the future again, dude, I'm always ahead of myself. But we got noon in the building man, noon paving the way for the decentralized distribution of music. You use case man, so that's what. So what's up? Yeah, I got some musical talent. I got cooking and brewing and the works here.

Speaker 6: 13:13

You know I've been, you know I'm a, I love. My name is Ada integration. What does that mean? That means I on board people to Cardano and that was one of my musical talents I'm bringing on board to Cardano here shortly and we'll be putting in the circuit on the web three tour that we put Together with lovers lab and boss media network.

Speaker 6: 13:32

So you know, but I just wanted to come up here and shout out, man, you know, because you're all inspiring, because I bring, I believe, and I've always said this, and it was something that was relatively prevalent when I first started entering into the Twitter spaces and a huge reason why I have a diverse group of friends and following Is because of music, the music space, and where three brought together blockchains Before. You kind of see the meta of it right now, like the way it is the synergy and you know more change, being open and accepting to the other forms of technology. So you know, being, as though new Ms Orney, a cardano blockchain leading away. You know, I just want to come and say what's up and show some love and find out some more information about what's been going on with the game. So it's good to get this, great to hear updates.

Speaker 2: 14:29

Big love from AI, love hell. Yeah, man, thank you for those sounds keeping us rolling and flowing. And, like you said, man, music is Something profound and there's a pinned noom tweet up there says few things in this world have a more profound impact on the human psyche Than music influences our thoughts, feelings, in behaviors and helps us express and understand our experiences. And the question is why. If you want to find out more, you could check out the new pinned link up there with music on the blockchain going out there. We got block joc with a hand up and then we're gonna bring it back to Ryan block Joc. Take it away, my friend passing the mic to you.

Speaker 4: 15:04

Hey guys, for somebody who's been in music business for a little bit.

Speaker 4: 15:08

It was part of a band, grateful to be in any way associated with any type of music and be Like a creative energy, right, and what I found here is is that, as I carry on in my life, music is a part of it and will never go away, and it is just Expands who I am as a person and allows me to be creative and and and do things that inspire me, that feel good, you know, and the cool thing about that is is that I went on to this new studio page, signed up during the time we were just talking with AI love, and I am currently now a new member of new and am ready for my first song Upload.

Speaker 4: 15:52

So I just wanted to say thank you for that, and this is something that I've wanted to do for a while and I've just been very reserved about it, and now you're allowing me to be able to do that, and in a very easy way. So just wanted to say thank you for that and, yeah, website looks great. Absolutely love it. Well, thanks, block jock that's, oh my god.

Speaker 3: 16:20

Y'all All the people that have been saying how much they've enjoyed using it or thank you for doing that test that it's the team. They, they are meticulous and they thought about so many things, and I see them down there. But Adam Adam bloom if you're not a fan of music, adam Adam bloom, if you're not following him, he's got the same circle around his profile. He was extremely integral. He's, he's on the, the, the, the, the pipe lining side of webtoon music. He has a long history in that. He's also a musician himself, his. He even named his son after a guitar. You should go follow him. And then Marcos, if you're on our discord, you interact with Marcos on a daily basis and he is. He likes to herd cats every day. So it's an amazing thing With the team coming together. So I'm just happy to hear it. You literally signed up in the middle of this. That was fantastic.

Speaker 2: 17:19

You guys ask the block jock test. If block jock can do it in the span of the single speaker during a Twitter space live While he's co-host, no less, getting all these requests for people who want to come join the convo with project new, you can do it too, and I love that little lip-ness experience that we've done. Congratulations, block jock. I hope you produce some heavy metal sounds. When it comes to project new, my man and so great to hear Ryan this year for you, my friend, seems like things are firing at all cylinders again. The first time I met you personally was at the Cardano summit in 2020, on very early days of these things, and I remember Andrew Westberg linking up with Jameson Daniel to produce a Music, and that was the first time that he used his fire hose technology For a distribution of an NFT, and I was the person put those two cats in touch. I saw Jameson Daniel trying to produce some things this is like back in the token area and I was like dude, talk to Andrew. He has the skill sets, the knowledge and the tools for you to distribute this in a really meaningful way. Got those guys together and Andrew launched these fire hose fantasies out there in the late months of 2021, and what a journey it's been.

Speaker 2: 18:30

2024 for you guys seems to be new, again, firing on all cylinders. You've just got a very successful catalyst round of funding and support of various projects that you're doing. You're featured on a reality television show called killer whales, episode 2, where they're grilling you about how you're gonna take on these industry giants. And you just launched your studio. Man, what a journey it's been. How are you feeling? At this point in time, it seems almost overwhelming to consider all of this stuff happening simultaneously, but you guys are quite literally, in every sense of the word, rocking and rolling.

Speaker 3: 19:04

I'll be honest, I'm, I am the word that comes to mind is thankful and grateful, and those are the two, honestly, because it's, it's so much bigger than than myself at this point. You, you cannot do all these things as one individual. And and I told the team this long time ago, you know, new at this point, it's no longer just my brainchild, it's it's everybody's, because there's so much more DNA baked into what this thing has become. Then, outside of my original, you know, initial vision and when Flo and I had our first meeting a long time ago, so it's, it is wonderful to see we've done some. It's a honestly.

Speaker 3: 19:47

We took the car, not approach. We did lots of research, we did lots of what foundation laying To finally get to the starting line. And that's what I I just want to emphasize to people. It's going, it's so much happening, but it's, this is the starting line and we were, you know, really, really intentional with making sure that we had our foundations firm, that when, at this point, other other things are there, iterative, or they're just, you know, other feature sets that bolt on to or in, enhance that, that ecosystem experience. So, yeah, we, we, we went to the do the show and you know, I'm more proud and excited about this first product because it's so big and I had a baby and I have me, my wife, you know. So we, we are kind of welcome to two babies into the world. One was a, was a real one and the other was a was a brain child. So it was a busy, busy, weird, december, january, for multiple reasons.

Speaker 3: 20:52

So, but you know, also we have mobile. We, you know, we have christian, are head of mobile development and we were working on a new map and I think he's already said things about it publicly, but it's there's no good way to consume audio nfts on on the blockchain. I want any blockchain, for that matter, and so you know working on a solution for that To make everybody's experience better. So that's that's something else that's coming on the pipeline, that's that's rapidly approaching. So think about scanning your ex-pop key and then it pulls up every audio and, if you, that fits a particular metadata standard and it downloads it to your, to your app, and then you can take them on the go. It's literally the ipod, for blockchain Is what we're we're building and basically as an iterative step between where we are now in full streaming service, etc. Etc. So I that that's a whole nother thing.

Speaker 3: 21:52

So, yes, you're not wrong, there's lots of balls near lots of things going on. Then we have the marketplace For the for the stream, the for the stream token, ip tokens, and that's coming along. And then when you have crazy people like nito, who are taking the stream tokens and I giving them air, dropping them to fans, so like he would release a audio nft in the record store and only do like one of a hundred, and then, whenever he would release that piece of music onto the streaming platforms, he would airdrop or gift Portions of the stream income to the token holders of that audio nft that bought that one of hundred things, and so that's that's a cool thing. And then he's going on to lending platforms and creating liquidity pools with the stream tokens or using them as collateral and defy loans. You know it's, it's crazy, so and I love it. I love seeing people do this.

Speaker 3: 22:53

But we're gonna have our own marketplace to have a really good user experience that people are used to by using our products. So that's that's a reason why we're doing that. Again, it's our focus is always in user. We want web three to fade into the background on. This needs to be complimentary to the process, not front and center and, to quote you, the focus on the tech was. So twenty twenty one, I think we're at now is focused on user experience, but on the back end, without sacrificing. You know our principles of how we choose to build in because we're on what three right. So that's, that's a quick spiel, so I'm thankful. It's been amazing, amazing time right now to be alive and just be building on walking.

Speaker 2: 23:39

Absolutely, man, and, as you said, so many things, so many burners on in the kitchen and just really exciting. The last conversation that we had here on card on over coffee with flow, florian, the co-CEO of new, was talking specifically about this interest in mobile development that you guys are doing and the Initiatives to onboard people who maybe are casual users, right in a seamless and enjoyable fashion, and I do have to give you guys a lot of respect For your project in terms of the ui ux, of quite literally all of it, from the white paper all the way to the website. All these things looks very modern, very fresh, is very polished, to say the least. So I definitely can appreciate that.

Speaker 2: 24:21

With respect to user journey and how we consume audio and fts on the blockchain, obviously you know there's a number of different options available for us. Pool pm has been the standard of our ecosystem since the inception Of native assets here. We know that jero wallet provides their mobile alternative, where it will play all the np threes in your Wallet position that you have. And then there's other options that we have streaming platforms, like new cast and the d mu protocol, obviously, that are token gated collection platforms in terms of those things. So what does the new experience offer as an alternative or compliment to these various moving parts of our ecosystem?

Speaker 3: 25:05

Yeah, well, first of all, it's, it's doesn't cost you anything. It's it's an app and if you own the nfts, then you, you can basically be able to consume them without going to pull the pm, searching for the policyi d and pulling it up in your wallet right, and then waiting for it to load from ipfs or Are we aware of it stored right. So, essentially, at this point, when you what I mean I literally did this yesterday I opened up my internal wallet, I viewed my ex-pop key and I pulled up my new map and I went scan qr code and it went, and then, as soon as I did that, you know it's going, it's automatically To buy. It's not by, sorry. It's starting to download the NFTs that are in my wallet and it's putting them in a playlist, right. So it's, and I have all of them loaded up and they're ready to go.

Speaker 3: 26:05

The other point of that, too, is that using the app to be able to integrate with the record store to buy music NFTs. So that's another big thing, because you know we have the record store for and I call them serialized releases, so I use that record, we use the record store for that portion, and so this is going to be marrying that product with the user experience on that as well. So that's a. That's another big part of the equation. So, again, all of this is playing to a bigger picture of how do we get from point A to point C, essentially, and there's a point B in there and with that we think this is the appropriate and a good user journey experience, because with the record store, you can purchase audio NFTs with credit card through the Manker Pay.

Speaker 3: 26:52

So, as an onboarding tool for web two, people, if you integrate this mobile wallet, which is a mobile app, right that that you can purchase those audio NFTs, then you can load them up in this, this app, then it's the. There's not much crypto quote involved in that equation. That's that's a barrier to entry for people. It's not a friction point for the most part. So this is kind of a hoodwink and funnel you into the ecosystem, and so it's a, it's a capture, but I, even for people that are just in web three, it's still a much better user experience than anything else they have out there, and it's it's free, you don't have to pay anything for it.

Speaker 2: 27:32

I love it, man.

Speaker 2: 27:33

Any great ways that we can consume these types of publications and content that artists in our ecosystem are creating is a great thing for the future of the chain and the promise of web three and of itself.

Speaker 2: 27:47

I want to think broader picture here, because killer whales, I think, in a lot of their promotional materials right, they're grilling you guys on how do you address the big industry players, right, and I think that Spotify, in all fairness, probably is the biggest contender in the championship boxing ring here. And one thing we were talking about earlier before this space today with Drew Aces and Jarhead one thing I love about Spotify is their community playlist features that they have, where I can create a playlist and I can make it open to the public or I can add a set of collaborators. And, curious to think, is there any sort of web three alternative to this or web three solution in terms of the social engagements in terms of music, music audio consumption? I would love for you to make a cool playlist that includes your NFTs for your wallet and then I come along with my NFTs for my wallet and we collab together and we can make a thing and publish it out, either public or circulated amongst each other. Any thoughts in that regard for Project Noom?

Speaker 3: 28:48

Well, I mean, what if you were financially incentivized to make playlists for people and they could choose to subscribe to your playlist and then you, as the content or the creator of that playlist, maybe got some type of you know, financial incentive to have more people, you know, consume the things that you think they should? So, long story short yeah, it's on our radar and again it goes into that point of it's just all iterative at that point, right? So the answer question yes, that is well on our radar and we've already, you know, with. I don't want to go into any details, but yes, that's the very, very short answer.

Speaker 2: 29:30

Love it, man, in building off that idea of this incentivized playlist. One of the great things that I've enjoyed in the world of cryptocurrency is a thing called Jungle TV, and it's part of the banana ecosystem of fork, of nano formerly Rye blocks that uses DAG technology is fast, it's free, it's fee list, it's fun, it's all these things. But what Jungle TV is? It's so awesome, man. It's basically an open forum where anybody can queue up a video in the YouTube playlist and you have to pay banana coin in order to get your video on the feed and everyone who's logged in with their wallet and watches the entirety of the video at the end gets an even payout of this fee that I paid to get in there. So let's say there's 10 people in the room and I paid 10 banana to play my next video. Everyone logged in and watching is going to get even split. In this case it will be one even banana. Is there any possibility to do this for the music side audio incentivized playlist? Perhaps even with the new token?

Speaker 3: 30:32

So are you talking like video? Video and audio, Because that gets in.

Speaker 2: 30:36

Well, in that case of Jungle TV is quite simply just using YouTube. But I would imagine that technologically is feasible, or at least conceptually possible, for there to be a platform, an audio sort of playlist, a jukebox or whatever it is, a player, a playlist where I come along and I have the needle track for mine and I want to pay five new token to have it play for everybody who's logged in to listen. I provided the content from my thing and I paid five new to get it up there. Every five persons, all the five people that are logged in, are going to get a split of this new token and it's going to go to you. So it's a way to kind of incentivize listening, but also to it makes like this community curation thing going on that we can keep the playlist going. Man, I'll throw another five and put something else on the jukebox. I'm curious to know if you thought about building something like that.

Speaker 3: 31:28

I don't think we've really focused much on that, just because we're more focused on building out the Lego box. So what you're actually describing is some type of another consumption experience essentially. But if you break it down, there's very key components to be able to utilize that, just from tech side. And so, from where we stand, I always say this we build hammers and nails so you can go and build whatever the heck type of living environment you would like, and so, with that being said, you know the NF for the fungibles, the that standard that we use At that point. Yeah, I mean, I guess, theoretically, you could use I'm pipe I'm literally Hypothesizing right now, so this is nothing that's on our radar but yeah, theoretically you could, you know, have your, your. It's like an escrow account, essentially right. You could lock up you know X amount into an escrow contract and then whoever the recipients are based off of, and you can even do it off of the time lock etc, and have a habit that's. There's a whole bunch of components to that, but yeah, theoretically you could do that, and that would be utilizing either new tokens or combination of new tokens and the stream tokens, because if you're streaming something right, this gets back.

Speaker 3: 32:47

This is always on our forefront. This is always the one we're doing. Things you have to think legal and you have to think this is we talked. I know the real world assets are a kind of a Hot topic right now. We were doing real or real world assets a year and a half ago, whenever we, whenever we dropped our first stream tokens from MERS, so, like we're like y'all, ip is real world assets. So, just as a myth, why? But we're always saying, hey, if you're streaming something and it's consuming, it's generating royalties. So you know, even outside of somebody saying let me pay you five new for all of you to sit and listen to my music, there's another part of that that you have to consider. So that's Long story short. That's. That's always on the forefront, and so you have to be able to accommodate that. And so there are. There are products that can either fall correctly in that category or not, and so, just without deconstructing that anymore, yes, you can have that experience, just as long as you're accounting for the IP tokens which we have, those.

Speaker 2: 33:59

So there you go, hell. Yeah, man, I definitely think that you know I'm also too kind of thinking out loud exploratory Conceptualizations here and I totally think like an escrow service type of thing would be the great way to go for it. You don't want to push an L1 transaction for every listen. It would almost be like how we have many Discord tip-bots that have a running Knowledge of your account balance, basically on that escrow service, and then when you want to withdraw your balance, you could do so with a single transaction fee or whatever it might be. But on the tech side, man, I'm very glad that you mentioned Quinn, because I'm familiar with Quinn from tokenio. He is the operator of logic pool. You can delegate to him one of the great, great smart contract developers. Man, how has it been working with him? And Andrew, that is a tag team championship elite Set of builders when it comes to Cardano man, and what a pleasure it must be to work with them on a daily basis.

Speaker 3: 34:56

Quinn. Between Andrew and Quinn, I feel like my IQ goes up a point anytime I read their conversations. Also, quinn can can give you all the brew, the beer brewing tips of the world. So he is, he was a PhD student, turned beermeister, turn super shadowy coder. And then you have Andrew, who's extremely unassuming, and then he climbs Buildings. He's like spider. He's a spider monkey because he loves to rock climb.

Speaker 3: 35:35

So, yes, that is it. Honestly, it's really cool because Quinn has craziness and then Andrew also has craziness, but he, he goes. He's really good at Deconstructing things. I think so this, and Quinn is too. But it's just really fun watching them ping pong occasionally when they when they grace us with a text thread as opposed to just a video meeting. But yeah, no, also, you mentioned, you know, not everything needs to be settled on L1. That's just yes, we are also we've also talked about that too about like the marketplace, and you know, if you're having all these transactions, they obviously can't be settled on L1, etc. Etc. So, you know, wouldn't it be great if you could help process transactions in the marketplace or even be a tipping? So if you can, as an infrastructure provider, can participate in that, that's a it's not a bad thing? I think so. Yes, just wanted to speak to that for a quick second.

Speaker 2: 36:40

Heck, yeah, and it reflects what you mentioned right with real-world asset tokenization and the vocabulary term of crypto 2024. When it comes to innovation, d-pin, decentralized physical infrastructure and I would put Project NUME in the D-PIN category, especially with aspirations or ideas Like the one you mentioned where you're helping to support the facilitation of music distribution, ip royalties and the sound experience with respect to Cardano. My friend, do want to be respectful of time. We have gone over by 15 minutes, but hey, man, we are cooking baby, it's Thursday. Curious to know if any of our friends here in the speaker have any questions for project NUME and we can Tie a bow in this conversation with some parting words, calls to action and things to look forward to in 2020. Any of the speakers Jenny, I think, is still in a meeting block. Jack is here. He's a project NUME creator now as of this space and Chat as well, or rain of Titans. If you have any questions for our illustrious guest Ryan from project NUME, I.

Speaker 4: 37:42

Am good man. I absolutely love this space and Anything that's created that allows for someone like myself, who may be a little shy these days surrounding their music and putting it out there and or collaborating with people as well, which I noticed there's a collaborators part in here as well. That's gonna allow me to be able to send this music to my son and him add to it. He is really the musician, not myself, but we might be able to collaborate on something and make a song, and I'm so looking forward to this. It's gonna be amazing. So thank you guys.

Speaker 2: 38:14

She's black jocks gonna be producing things on the timeline. Keep your eyes out for it and shout out to all the musicians in the room. We saw a needle up in here providing those great tracks on a regular basis. I see racks also providing tracks on the regular. Hope to see some Amazing things pop into the wall and into my ears. And it's been such an awesome conversation.

Speaker 2: 38:34

Ryan, thank you so much for joining us. This is a great complimentary pair to our previous conversation with Flo Florian, your co-CEO, who talks shop and all things project catalyst, all things NUME is building with the new marketplace, with your Mobile initiatives and, of course, with the studio options for people to have their one-time fee for their staking or, sorry, for their Streaming ability. See how saturated we are in Cardano. Everything just defaults Freudian, slip to the staking, but we're talking about streaming here and it's a one-time fee that people have. You keep 100% of your earnings and automated Payment splits, so all individuals involved. My friend Ryan, any parting words calls to action for the community. Things to look forward to, where we can get involved, where we can stay up to date and keeping our finger on the pulse in our ears. Attune to all things. Project noon.

Speaker 3: 39:27

Yeah. So if you are an artist or you're just curious and you want to go check it out, you can go to new the IO forward slash artist. That will give you a quick overview and you can get into the studio and then also make sure. If you are, not, go ahead and follow us on Twitter, and we also just re kicked off our Instagram account as well. So if you're over there on the gram, go follow us over there as well, please and so. But yeah, definitely go and check out new to IO forward slash artists and that will get you going down the rabbit hole. That is new. So, you guys, it's been fabulous to hang out with you, block Jock. I am so looking forward to seeing what you put out, and that does made my entire day. Thanks, man, yeah me too.

Speaker 4: 40:16

I'm excited for it as well. It's gonna be fun.

Speaker 2: 40:19

Whoo, you heard it here, folks block job just got on board it as an artist project. Noom is cooking on all cylinders. You can check them out at new dot IO. You can.

Speaker 1: 40:28

What an absolutely great show. Thank you for listening in and thanks project noon for joining us. We want to give a big shout out to our monthly podcast supporters. The wizard Tim discover Cardano book dot. Io project camo Linda from stake pool ticker MALU, twisted gears, me hon a niggas. Stake pool ticker one monster. Stake pool ticker MN, str, epoch sect and psychos the card on a card game. We appreciate all your support. If you'd like to have your name or business mentioned in future podcasts or have your logo and links displayed in the description of our podcast, click the support button now you.