2.22 Pain points in the music industry – central monopoly

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

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.