The 'Humbolt' Digital Music Streaming Network is Socially Focused
Michael Hemsworth — August 11, 2017 — Tech
References: humbolt.xyz & betalist
Independent musicians can find it hard to make their way through the crowded industry, so the 'Humbolt' digital music streaming network enables them to connect more directly with their fans. 'Humbolt' lets artists get supported directly to ensure they continue to create music that their fans like, which will help support their work.
Independent artists often post their work online where it is enjoyed by fans, but doesn't really translate into money for them to support their creative processes. The 'Humbolt' digital music streaming network enables a more direct method for fans and musicians to have a mutual relationship to keep everyone more involved. This will come as welcome news to musicians who have struggled to keep creating their music because of financial strains.
Independent artists often post their work online where it is enjoyed by fans, but doesn't really translate into money for them to support their creative processes. The 'Humbolt' digital music streaming network enables a more direct method for fans and musicians to have a mutual relationship to keep everyone more involved. This will come as welcome news to musicians who have struggled to keep creating their music because of financial strains.
Trend Themes
1. Direct Artist-fan Connection - The trend of enabling direct artist-fan connections through digital platforms like 'Humbolt' disrupts traditional music industry models, creating opportunities for independent musicians to sustain their creative processes.
2. Fan-supported Music Creation - The trend of fan-supported music creation on platforms like 'Humbolt' disrupts the traditional revenue model of independent musicians, providing opportunities for artists to receive direct financial support from their fans.
3. Socially Focused Music Streaming - The trend of socially focused music streaming networks like 'Humbolt' disrupts mainstream music platforms, offering independent musicians a dedicated space to connect with fans and receive support for their work.
Industry Implications
1. Music Streaming - The music streaming industry can take advantage of the trend towards direct artist-fan connections by developing platforms that enable independent musicians to connect directly with their fan base and receive financial support.
2. Crowdfunding - The crowdfunding industry can leverage the trend of fan-supported music creation by providing specialized platforms for independent musicians to directly engage with their fans and receive monetary backing for their creative endeavors.
3. Social Media - The social media industry has an opportunity to tap into the trend of socially focused music streaming by creating platforms that prioritize independent musicians and enable them to build communities and obtain support from their fans.
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