The $10B Music Industry Problem & How Web3 Solves It | Nigel Eccles @ Vault | #198

In this episode, Nigel will reveal how web3 offers a new path for artists to monetize their work. He unveils eye-opening statistics, highlighting the meager earnings musicians currently make from streaming platforms. 🤝 HELP US GROW 🤝 Follow/Subscribe to the Web3 Academy Podcast 🔥SUBSCRIBE TO THE WEB3 ACADEMY NEWSLETTER & PRO REPORT  👥 JOIN OUR COMMUNITY ON DISCORD  🐇 Go down the Web3 Rabbit hole with our FREE Web3 Foundations Course ✊ FOLLOW US ON SOCIAL! ✊ 👉 Web3 Academy Twitter 👉 Kyle’s Twitter 👉 YouTube 🚀 SPONSORS 🚀 Lens Protocol: It's time to switch to web3 social with Lens BYDFi: BUIDL Your Dream Finance 🎙 GUEST INFO 🎙 Name: Nigel Eccles Nigel's Twitter | Vault Website ⏱ TIME POINTS ⏱ 00:00 - Intro 05:42 - Nigel's Background 12:31 - Lessons after bulding a business 19:14 - Nigel's transition into web3 27:24 - 10B dollar problem in the music industry 32:56 - What is Vault 44:04 - The future of music 57:29 - Membership for fans & NFT ticketing 01:07:50 - Speedrun Questions