AI Music NFT Streaming
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A Spotify-like streaming service that uses AI to generate unique music on demand, with the ability for users to mint and own their favorite AI-generated songs as NFTs.
Key Points:
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AI Music Generation:
- Creates new songs on the fly based on user preferences
- No need to pay musicians or deal with record labels
- Songs are ephemeral by default - they exist only while playing
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User Experience:
- Upload playlists or pick songs you like
- AI generates similar music matching your taste
- Algorithm learns from skip behavior and likes to improve recommendations
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Ownership Model:
- Users can "mint" songs they like as NFTs
- Ownership split between user and algorithm (e.g., 50/50)
- Potential to share royalties with artists who inspired the music
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Technical Foundation:
- Similar to how GPT-3 was trained on internet text
- Will use all music from Spotify to train the AI model
- Open source model that generates music through an API
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Business Advantages:
- Avoids traditional music industry economics
- No licensing fees or record label negotiations
- Better economics than existing streaming services
56:43 - 59:46
Full video: 01:18:54SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.