Star Nest whitepaper
  • 👋Welcome to StarNest
  • 🚀TRENDS
    • 1.10 Characteristics of the Web3 era
    • 1.20 Current status of the Web3.0 industry
  • 🥹OVERVIEW OF THE MUSIC INDUSTRY
    • 2.10 Current state of the music industry
    • 2.12 State of the music industry - core cases
    • 2.21 Music Industry - Track Characteristics
    • 2.22 Pain points in the music industry – central monopoly
  • 😌STARNEST MODEL IN WEB3
    • 3.11 Project Introduction
    • 3.12 Project Highlights
    • 3.13 Online System
    • 3.14 Online system and income sources
    • 3.15 Intelligent Gameplay
    • 3.16 Offline Ecosystem
    • 3.20 Operation Steps
    • 3.31 Why we can do it
    • 3.32 Partners
    • 3.33 Product roadmap
  • 🤑FINANCING PLAN
    • 4.10 Governance Token
    • 4.20 Other Tokens
    • 4.30 Token Allocation
    • 4.40 Tokenomics
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  1. OVERVIEW OF THE MUSIC INDUSTRY

2.22 Pain points in the music industry – central monopoly

The core pain point of the music industry: centralized monopoly!

Previous2.21 Music Industry - Track CharacteristicsNextSTARNEST MODEL IN WEB3

Last updated 10 months ago

Non-transparency: Centralized monopoly can easily lead to black-box operations and cause serious unfairness.

Short life cycle: Become famous in a short period of time, and then fall quickly in the performing arts cycle.

One-way giving: Fans pay unilaterally and cannot participate in benefit distribution and co-creation.

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