With the release of the first educational platform to solve long-standing problems in the music industry, the Victorian Government is paying attention to the opportunities that Web3 can give to creatives in the industry. This week, the Victorian Music Development Office (VMDO) will release MUS3 Web3 Fundamentals as a way to help and improve the skills of the Victorian music scene.
VMDO is taking steps to get musicians on Web3
The course is a free, self-paced online course that will teach the basics of blockchain, cryptocurrencies, and non-fungible tokens (NFTs). It will also help newcomers get past the confusing jargon that keeps them from exploring and innovating in the space.
Musicians have a lot to gain from Web3 technologies. They can use more reliable, accurate, and trustworthy ticketing systems, get better at collecting royalties, and have copyright protection built right into the code. Participants will learn the basics of Web3 for setting up a wallet, building an NFT collection, and making a website that is gated by an NFT.
Max Shand, the founder of Serenade, an Australian independent musician who uses Web3, Caroline Bowler, the CEO of BTC Markets, and Ellie Rennie, a professor at the RMIT Blockchain Innovation Hub, will all be at the event.
VMDO Director, Jace Mor, said: “Web3 is an area that is prompting Victorian music businesses to consider new models to generate additional income streams, alternative ways of delivering content and enhance direct engagement with fans. could.”
The initiative is funded by VMDO and built by CLUB MEDIA LABS. Creative technologists Reggie Pa-Pe III and Elizabeth Hare are in charge, with help from the Australia Council for the Arts, Music Victoria, and Creative Victoria.
IMPORTANT DISCLAIMER: All content provided on this website, any hyperlinked sites, social media accounts and other platforms is for general information only and has been procured from third party sources. We make no warranties of any kind regarding this content. None of the content should be interpreted as financial, legal, or other advice meant to be relied on for any purpose. Any use or reliance on this content is done at your own risk and discretion. It is your responsibility to conduct research, review, analyze, and verify the content before relying on it.
