Constellation Networks’ Hypergraph Hour Episode 29: A Deep Dive
In the 29th episode of Hypergraph Hour, the Constellation Network team introduces the next project they’re incubating: Geojam. This episode is a fascinating exploration of the intersection of blockchain technology, social networking, and the music industry.
The Geojam Concept
Geojam is a platform that aims to revolutionize the music industry by creating a direct fan-to-artist relationship. The team behind Geojam believes that access to artists is one of the most exclusive commodities. By harnessing this access, they aim to create a platform where experiences, merchandise, and digital goods create a layer of scarcity that adds value for everyone involved.
The Power of Community
The Geojam team emphasizes the power of community in their platform. They aim to gamify music discovery and sharing, making it a fun and rewarding experience for users. They’re also planning to reward people with real currency for being themselves and doing what they do every day. This is a significant shift from the traditional model where conglomerate social media platforms benefit from brand advertising. Instead, Geojam proposes that brands should reward their biggest fans, building evangelists for the brand.
The Creator Economy
The Geojam team also discusses the concept of the “creator economy”. In this model, artists are creators and fans can also become creators. The platform aims to allow fans and artists to earn together, creating a new dynamic in the music industry. They also plan to shine a light on emerging artists, giving them the same opportunities that artists signed to major labels have.
The Future of Geojam
The team shares their excitement about the future of Geojam. They’re planning to continue what they’re doing, attracting more artists and creating more experiences. They’re also planning to harness the power of the crypto environment and community, bringing in crypto influencers and expanding beyond just music. They envision Geojam as a platform where fans can earn currency, artists can connect directly with their fans, and brands can be part of these experiences.
The 29th episode of Hypergraph Hour presents an exciting vision of the future of the music industry, social networking, and blockchain technology. With Geojam, the Constellation Network team is aiming to disrupt traditional models and create a platform where everyone – fans, artists, and brands – can benefit.