Crypto and The Music Industry

[julerz12]

It seems bumibida ngayon ang The Sandbox ($SAND), isang sandbox game wherein players can build, own, and monetize their virtual experiences.
Previously, si Snoop Dogg ang pinaka-unang rapper na nakipag-collaborate with the game, building his own metaverse called SnoopVerse.
Then just recently, a big company enters the game, Warner Music Group. They are keen on purchasing a property within the Sandbox Metaverse wherein they plan to host virtual concerts and events.

The Philippines itself has numerous music companies too namely GMA Music, Galaxy Records, Ivory Music and Video (previously known as Sony Music Philippines). Do you guys think they would also consider entering the metaverse?
During the pandemic and even up until now, the music industry is having a hard time organizing live concerts due to pandemic restrictions.
Panahon na ba for these local companies to seek out the Metaverse? Would you consider watching a live metaverse concert?

Source: https://www.theverge.com/2022/1/27/22904382/warner-music-group-the-sandbox-virtual-real-estate-sale-concert-venue

[Bttzed03]

~ Do you guys think they would also consider entering the metaverse?

Ilabng beses na din yata napalabas sa TV yung bitcoin at crypto (last yung Axie kung hindi ako nagkakamali) pero mukhang hilaw pa mga music companies dito sa Pinas pagdating sa blockchain at Metaverse. I know some local artists are already into NFT arts and P2E gaming kaya andun pa din yung possibility na sumunod naman ang music. Malay natin ma-engganyo din mga kumpanya na may hawak sa kanila.

During the pandemic and even up until now, the music industry is having a hard time organizing live concerts due to pandemic restrictions.
Panahon na ba for these local companies to seek out the Metaverse? Would you consider watching a live metaverse concert?

Probably not gonna watch (madalang nga lang ako manood ng libreng online concerts) pero it's probably a good time for them habang maaga pa dahil mukhang hindi na talaga matatalo ang COVID. Pwede bumaba alert levels kung saan allowed ang live concerts tapos tataas nanaman after a new variant at bawal ulit mass gathering.

[arwin100]

It seems bumibida ngayon ang The Sandbox ($SAND), isang sandbox game wherein players can build, own, and monetize their virtual experiences.
Previously, si Snoop Dogg ang pinaka-unang rapper na nakipag-collaborate with the game, building his own metaverse called SnoopVerse.
Then just recently, a big company enters the game, Warner Music Group. They are keen on purchasing a property within the Sandbox Metaverse wherein they plan to host virtual concerts and events.

The Philippines itself has numerous music companies too namely GMA Music, Galaxy Records, Ivory Music and Video (previously known as Sony Music Philippines). Do you guys think they would also consider entering the metaverse?
During the pandemic and even up until now, the music industry is having a hard time organizing live concerts due to pandemic restrictions.
Panahon na ba for these local companies to seek out the Metaverse? Would you consider watching a live metaverse concert?

Source: https://www.theverge.com/2022/1/27/22904382/warner-music-group-the-sandbox-virtual-real-estate-sale-concert-venue

For now di pa aware masyado ang pinas tungkol sa teknilohiyang ito at malamang magiging huli sa balita ang existing music companies dito sa pinas dahil kadalasan na inaadopt ng mga ito ay yung mga traditional methods na kasulukuyang umiiral sa bansa natin. Pero may chance parin naman na ma adopt nila yung ginawa nung ibang international music label or artist gaya nung nabanggit mo kung puputok ang balitang ito at magiging successful sila sa mga ginawa nila. Negosyo ang music industry so for sure mag adopt sila kung asan yung market at possible na kikita sila ng malaki.

[julerz12]

I know some local artists are already into NFT arts and P2E gaming kaya andun pa din yung possibility na sumunod naman ang music. Malay natin ma-engganyo din mga kumpanya na may hawak sa kanila.

I remember way back when Spotify is still isn't a thing, na ultimo mga major international artists wouldn't even go near that app, pero look at them now, most are already on that platform. Raking millions in sales.
If Warner Music makes big bucks out of their metaverse ventures, news about it will then easily spread for sure big companies will eventually flock in. I think it's only a matter of when.

Probably not gonna watch (madalang nga lang ako manood ng libreng online concerts) pero it's probably a good time for them habang maaga pa dahil mukhang hindi na talaga matatalo ang COVID. Pwede bumaba alert levels kung saan allowed ang live concerts tapos tataas nanaman after a new variant at bawal ulit mass gathering.

Agree. Also, I noticed that more people nowadays seek convenience, being on a Metaverse gives them just that.
Hindi mo na kinakailangan pang pumila to go within the event and you'll have less chances of getting hurt; minsan kasi sa mga concerts may rambol, stampede and elbows flying left and right. 
For sure, introverts that are into music would love to make this happen.

[agustina2]

Do you guys think they would also consider entering the metaverse?

Sa ngayon di ko pa nakikita na i-adopt ng mga music companies natin dito sa Pinas ang Metaverse kahit pa ang isa sa mga big music companies like Warner Music Group is considering to joined the party. Pero malay natin, once mas mag boom pa, baka paunti-unti may mag consider.

Panahon na ba for these local companies to seek out the Metaverse? Would you consider watching a live metaverse concert?

Mayroon ng online concert dito and iyong iba successful (like iyong kay Alden). I think our local own won't seek yet to intergrate any Metaverse related thing "sa ngayon". Magsisimula yan sa isang celebrity then it will trigger the idea sa mga local companies.

[rhomelmabini]

Panahon na ba for these local companies to seek out the Metaverse? Would you consider watching a live metaverse concert?

Always na nasa sideline ang 'Pinas sa ganitong mga usapin at laging more on observation kung ano yung mga nagawa at ginawa ng ibang bansa bago pumasok sa isang bagay. Hindi naman masama ang ganito pero sa tingin ko ganito rin ang ginagawa ng ating mga local Music industry dito sa atin. I wouldn't mind as long as na merong mga bonuses like merch na pwedeng makuha offline at hindi gaanong mahal ang ticket at marami pang ibang mga bagay na mas maeengganyo ang mga manonood.

[robelneo]

Do you guys think they would also consider entering the metaverse?

Sa ngayon di ko pa nakikita na i-adopt ng mga music companies natin dito sa Pinas ang Metaverse kahit pa ang isa sa mga big music companies like Warner Music Group is considering to joined the party. Pero malay natin, once mas mag boom pa, baka paunti-unti may mag consider.

Panahon na ba for these local companies to seek out the Metaverse? Would you consider watching a live metaverse concert?

Mayroon ng online concert dito and iyong iba successful (like iyong kay Alden). I think our local own won't seek yet to intergrate any Metaverse related thing "sa ngayon". Magsisimula yan sa isang celebrity then it will trigger the idea sa mga local companies.

Pwede naman basta may market ito at malalaking mga singer at artist ang sasama, sayang sarado na ang ABS CBN pagdating kasi sa mga bagong innovation lagi silang open sa mga ganito at meron silang malalaking mga artist para mag introduce nito, pero kung lalaki ang industry na ito makikiuso na rin ang mga pinoy, kung saan ang uso doon naman kasi tayo.

[arwin100]

Panahon na ba for these local companies to seek out the Metaverse? Would you consider watching a live metaverse concert?

Always na nasa sideline ang 'Pinas sa ganitong mga usapin at laging more on observation kung ano yung mga nagawa at ginawa ng ibang bansa bago pumasok sa isang bagay. Hindi naman masama ang ganito pero sa tingin ko ganito rin ang ginagawa ng ating mga local Music industry dito sa atin. I wouldn't mind as long as na merong mga bonuses like merch na pwedeng makuha offline at hindi gaanong mahal ang ticket at marami pang ibang mga bagay na mas maeengganyo ang mga manonood.

Di pa kasi maalam ang ibang artist sa bagong teknolohiya ngayon dahil karimahan sa kanila ay social media lang alam at hindi nag eexplore kaya expected na ang ganito na huli ang pinas sa ganitong mga usapin pero pasasaan bat darating din tayo dyan lalo na kung mag boom ito sa ibang bansa and for sure na may mga producer na masusi itong pag aralan at maadopt ito sa mga artist nila.

[serjent05]

Do you guys think they would also consider entering the metaverse?

Very possible konting tweak na lang naman sa environment eh pwede ng matawag na metaverse ung isang marketplace or online environment.

A metaverse is a network of 3D virtual worlds focused on social connection.[1][2][3] In futurism and science fiction, it is often described as a hypothetical iteration of the Internet as a single, universal virtual world that is facilitated by the use of virtual and augmented reality headsets.[4][1]

As far as I know, marami na ring artists na nagkaconduct ng concert online, konting tweak na lang at pwede na nila itong platform or apps para maging metaverse para sa mga fans nila to interact virtually.  And ang mga artist is always looking for ways and platform para mashowcase nila ang kanilang arts/skills especially the music industry.

[AicecreaME]

It seems bumibida ngayon ang The Sandbox ($SAND), isang sandbox game wherein players can build, own, and monetize their virtual experiences.
Previously, si Snoop Dogg ang pinaka-unang rapper na nakipag-collaborate with the game, building his own metaverse called SnoopVerse.
Then just recently, a big company enters the game, Warner Music Group. They are keen on purchasing a property within the Sandbox Metaverse wherein they plan to host virtual concerts and events.

The Philippines itself has numerous music companies too namely GMA Music, Galaxy Records, Ivory Music and Video (previously known as Sony Music Philippines). Do you guys think they would also consider entering the metaverse?
During the pandemic and even up until now, the music industry is having a hard time organizing live concerts due to pandemic restrictions.
Panahon na ba for these local companies to seek out the Metaverse? Would you consider watching a live metaverse concert?

Source: https://www.theverge.com/2022/1/27/22904382/warner-music-group-the-sandbox-virtual-real-estate-sale-concert-venue

Sa tingin ko hindi yan tatangkilin ng mga pinoy kasi masyado silang close minded when it comes to cryptocurrency, mas naniniwala pa nga sila sa "1K mo gawin nating 100K sa loob lang ng 7 days" kind of scheme. Saka lang siguro tatangkilin kung marami ng gumagamit nito, which for me is good for playing the safe zone but too late kasi nga medyo huli na sa trend, like sa axie infinity.