ETH Denver Roadshow & Reflections

Welcome to 3Beats, a new media company that brings you the untold stories of the people and cultural movements driving this emerging industry.

Here are some of the stories we’re bringing you this week:

• Our Editor, Jason shares some rabbit hole reflections on his first year in Crypto.

• Our Reporter/Producer, Lina takes you on a roadshow to ETH Denver.

• Alex shares Part 2 of this Music Industry journey and POV.

10 Reflections from The Rabbit Hole

Blockchain is perhaps the best possible name for the core tech underlying everything because, at the end of the day, it’s all a bunch of blocks for us to build with.

After operating for close to five years, In October 2020, my Product Design Studio (You X Ventures) was acquired by a B2B SaaS company in the states. I was proud of the acquisition - even if it wasn’t a life-changing one, and I looked forward to joining a team focused on building a singular product instead of supporting multiple projects simultaneously. It was a welcomed change and quite honestly - a relief in a lot of ways.

It was nice not to have to worry about making payroll every month and ensuring that dozens of people were all taken care of. Simply narrowing my fiscal responsibility and awareness to my wife and three children felt right.

Without clear next steps, I started to find consulting gigs in UX, Product Strategy, and Design. Before I knew it, I was earning more in a month than I’d ever earned before. I was working with really wonderful teams on meaningful projects and feeling quite humbled about the state of things. I even got an opportunity to support an innovation program with the United Nations Economic and Social Commission for Asia and the Pacific.

Life was good.

Life was … simple.

‍and then ….

‍I joined the Random Character Collective Discord, and the rabbit hole emerged.

And here’s what I learned.

My ETH Denver Roadshow - Expect the Unexpected

- From Our Reporter/Producer Lina’s perspective!

The sun was already setting across the arid prairie landscape, rushing past the windows of the train as it took me from the airport into Denver.

I knew the address of the H.E.R. DAO hacker-house I was staying at and took an Uber from Union Station there. Quick info bite for the newbies –

Decentralized autonomous organizations are kind of like clubs for crypto enthusiasts, only they typically operate under a shared goal, giving each member an equal say in making decisions. H.E.R. DAO, which stands for holistic emancipation resource, is a women-centered developer DAO, long term, H.E.R. aims to become the leading launchpad for womxn-led blockchain ventures.

After the Uber dropped me off, I found myself ringing the doorbell to a giant townhome. When no one answered the door, I became somewhat worried I might have gotten the address wrong. All I had, as a reference, was one email with the written address of the house. To my relief, upon ringing again, a young woman, one of the hackers, answered the door.

Most of my time was spent outside the hacker house though. You see at a conference like ETH Denver there are, at any given point in time, at least 3 side events to explore. These side events range from workshops to mini-conferences and summits, speaker series, parties, coworking sessions, and even wellness classes.

I, for one, ended up creating a lizard out of beads on my first day, after grabbing my badge from the conference venue. I saw a table set up with an eclectic selection of beads, strings, and people for that matter. It was a whole vibe. I sat down and was given instructions by one of the members of BEAD DAO (yes they have a DAO for beads), on how to start beading my lizard. Sitting at the table with me was Benny Giang, a founding member of Cryptokitties. I had met Benny 4 years earlier, in Vancouver, in the early founding days. Back then I knew absolutely nothing about web3, let alone Cryptokitties…

There are still an enormous number of young entrepreneurs, developers, and creatives experimenting at ETH… And we covered some of them here! Click to read the full article.

Empowering Artists in the Digital Age

As the music industry continues to evolve, artists are seeking more ways to earn money and maintain ownership of their work. Enter Web3, a new era of the internet that is powered by blockchain technology, and promises to revolutionize the way we interact with digital assets. With Web3, artists can take control of their creations and monetize them directly, without the need for intermediaries.

Last week I got the chance to talk about my perspective of the music industry, a place ruled by middlemen, and one spot where artists are taking a massive hit financially due to issues with distribution, current label practices, and contract structure.

In part two we’ll explore three Web3 companies, Audius, Royal, and Sound.xyz, that are leading the charge in creating platforms for artists to earn money and take ownership of their art. Through their innovative use of blockchain technology, these companies are empowering artists to build sustainable careers in the music industry, while also ensuring that they retain control over their work. Let’s dive in.

With these platforms, musicians can earn revenue directly from their fans, create limited-edition digital assets that are unique to each artist, and gain a stake in their own success. Here’s how.

3Bytes is our shortlist of random Web3 news, quotes, ideas and of course - humour:

• Japan’s Web3 Era

• The Australian Open goes Full Web3

• What Is Decentralized Identity? The Pillar of Web3

  

And that’s a wrap for this week! Moving forward, we'll hit your inbox on Mondays.

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.