F2P, brief for “Free-to-Play”, has been a profitable mannequin within the gaming trade for the previous decade, producing vital revenues. Not too long ago, there was curiosity in making use of this mannequin to the music trade. Juice, a collective of music tech founders, artists, and buyers, is exploring this idea in partnership with web3 startups DNS and Block Science.

Juice believes that there’s a nice alternative to develop F2P enterprise fashions in music utilizing crypto and decentralized applied sciences. They imagine that creators can kind their very own economies, permitting for the proliferation of F2P fashions. In addition they acknowledge that there’s a lot to be realized from the gaming trade’s 20 years of testing and improvement.

In a current weblog publish, Juice discusses their method to constructing round particular person creators as in the event that they have been a sport. They suggest a mannequin that enables creators to monetize their free content material by making a system inside their product. The publish delves deeper into the small print of this mannequin and is value a learn.

In conclusion, Juice is trying to disrupt the incumbents within the music trade by exploring F2P enterprise fashions with the assistance of crypto and decentralized applied sciences. By their partnership with web3 startups DNS and Block Science, they purpose to create a system that enables creators to monetize their free content material.