Cooper Turley (@Cooopahtroopa) joins Erik on this episode. Takeaways:

- Cooper believes that in 5-10 years music streaming will all be happening on chain.

- Cooper cares much more about where culture is happening and where people are spending their time than about underlying technology.

- DAOs need to prove that they can help people ship products better than private groups. They may not replace Microsoft but they can mobilize people around smaller niche categories.

- Web 1 was the “read” web, Web 2 was “read and write” and Web3 will be “read, write, and own.”

- Music has driven other platforms and it will drive Web3.

- Music artists will have to be more like CEOs of a company rather than just creators.

- Lots of crypto projects will struggle in a bear market when all they had to offer was profit, rather than underlying value.

- Culture is becoming finance. There will be the advent of “patronage plus” which allows for someone to own the upside of something rather than just owning the experience.

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