May 17, 2022

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Ep 119 – The Future of Music in Web3 with Dwight Torculas from Mint Songs

3 min read

In this episode of The Unstoppable Podcast, we welcome Dwight Torculas. Dwight is the Co-Founder and CEO of Mint Songs, a platform for discovering and collecting NFT music.

Dwight talks about his experiences finding his way into crypto, and the importance of a solid support group during that time. We discuss how NFTs can be used to build communities, and how NFT collectibles have evolved since the start.

Dwight explains why he chose music as his area of focus in Web3. We talk about some of the problems music artists are currently facing and how NFTs and platforms like Mint Songs can help solve those. How do fans also benefit?

We talk about building communities of fans using NFTs, and how to tap into your audience’s data in an ethical way. Finally, Dwight shares his thoughts on how the NFT ecosystem could evolve and where this space is headed.

⏳ TIMESTAMPS:

0:00 Intro
1:26 How did Dwight get interested in crypto?
2:55 Did Dwight have any community support when he first got into crypto?
4:21 How did Dwight realize he wanted to work on Web3?
7:25 How have the different communities in the Web3 space evolved?
11:04 Why is music the area Dwight has chosen to devote his attention to?
14:26 What problems do artists face in the traditional music industry that need innovation?
15:45 In what other ways can we start introducing NFTs to the music economy?
18:02 How do music NFTs connect the fan and the artist?
23:00 Will we see more and more artists create full-time for a living?
28:03 How is data being used in Web3 different from Web2?
32:19 Minting a collection with editions vs. 1/1s
40:28 Technical and cultural challenges scaling music NFTs
44:08 NFT Metadata
45:58 What would NFT metadata include?
47:29 Who’s an influential web3 creator, entrepreneur, or collector that inspired Dwight?
48:11 What is Dwight’s favorite NFT?
49:52 In 5 years, what’s the craziest thing we’ll be doing on the metaverse?
51:26 Where can you find Dwight?

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