Music NFT Scout Career

Raoul describes a new investment opportunity where people can make money by identifying and investing in emerging musical artists through social tokens and NFTs, creating a system where fans become investors and marketers.

Key Points:

• New Investment Model:

  • Fans can invest directly in artists through social tokens and NFTs
  • Young people can potentially make a living by identifying upcoming talent
  • Removes traditional middlemen who typically take 80% of music economics

• Network Value Creation:

  • Token holders become part of the artist's network
  • Everyone is incentivized to grow the network's value
  • Creates direct relationship between artists and fans

• Marketing Dynamics:

  • Token holders naturally promote the artist because they're financially incentivized
  • Example: Holders will create TikTok videos to promote songs
  • Creates free marketing network for the artist

• Artist Benefits:

  • Direct monetization without record labels
  • Higher profit margins on sales
  • Less reliance on exhausting tours for revenue
  • Example: Snoop Dogg made $50M through direct sales to fans

• Community Aspect:

  • Creates tribal communities around artists
  • Fans become both consumers and investors
  • Allows people to invest in culture rather than traditional business

This model represents what Raoul calls "universal basic equity" where people can earn through cultural investment rather than traditional entrepreneurship.