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How the Blockchain Helps Artists & Fans
Avenged Sevenfold's Digital Ticket Stubs Bring Fans Closer Than Ever
Shawn Porter
November 10, 2023
Take the Power Back
One aim of this newsletter is to introduce traditional metal music enthusiasts, who may not be acquainted with the industry, into our community.
We extend a warm welcome, complete with open arms and raised metal horns. With this goal in mind, I'm eager to initiate a series of introductory breakdowns highlighting key aspects of Web3 and its impact on metal music and the broader music industry:
TABLE OF CONTENTS
Blockchain tech and how it aids artists
Avenged Sevenfold’s Digital Ticket Stubs
In the dynamic realm of Web3, a transformative convergence of technologies is reshaping how we experience the digital landscape today and in the future.
Imagine a world where artists receive instant and fair compensation for their creations, where the authenticity of music is safeguarded through unalterable records, and where AI seamlessly serves various roles, acting as a creative companion to musicians and fans alike. ENTER BLOCKCHAIN TECH.
1. Fair Pay and Digital Proof with Blockchain:
Blockchain, serving as both a guarantor of fair compensation and a digital notary, or guardian of authenticity, ensures artists receive direct royalties through transparent, decentralized ledgers and smart contracts.
2. Music as Digital Art with NFTs:
Enter NFTs, a groundbreaking addition to the fan experience. These unique digital assets allow fans to buy, sell, and trade a piece of their favorite artist's work. NFTs bring a myriad of utilities, including:
- Artist Access: Exclusive interactions and insights directly from the artist.
- Exclusive Music/Merch Access: Access to limited edition music or merchandise.
- Show Tickets and Proof of attendance: Priority or exclusive access to concert tickets and an NFT that proves you bought them.
- Collab Opportunities through AI: Fans can collaborate with artists through AI-generated art, music, or other creative endeavors.
This intersection of AI, blockchain, and NFTs not only secures the authenticity of artistic creations but also enriches the fan experience, offering unprecedented opportunities for engagement and collaboration in the evolving landscape of Web3 music.
A great example of a metal band already utilizing blockchain tech is Web3 OGs Avenged Sevenfold and their Digital Ticket Stubs that utilize proof of attendance tokens!
You may have seen these by now. They are being distributed by the band and @Ticketmaster for every single ticket purchased on the tour. If you have not received one yet, you will. They are rolling out slowly from San Diego all the way back to The Forum. A few things: 👇
— M. Shadows (@shadows_eth)
1:28 AM • Oct 28, 2023
“These are not just pictures… they are on the blockchain and can be moved to your own digital wallets. They have points attached to them and will play a roll in a larger rewards program that we will be unveiling in the next couple months. They will interact with the Berify tokens, vip scans, and other digital collectibles that have been available. More on that to come. The point is… these have a purpose greater than just a keepsake”
In summary, Web3 music is witnessing a revolutionary convergence. From fair pay and digital proof to AI creativity and personalized fan experiences, it's a new era of possibilities.
To learn more about Ticketmaster Digital Tickets Stubs, go check out this Avenged Sevenfold site which breaks it all down
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