Web3's Musical Revolution: NEWM co-CEO Ryan Jones on Reshaping the Industry

Step into the future of music in the 33rd episode of Colors of Web3 & Entrepreneurship as we host Ryan Jones, the visionary co-founder and co-CEO of Newm. From opera stages to blockchain platforms, Ryan's journey is as unique as his mission to revolutionize the music industry.
In this episode, we unravel the complex chord of challenges facing today's musicians and explore how Newm is composing a new symphony with Web3 technology. Ryan offers a backstage pass to the Cardano ecosystem and shares how blockchain could be the encore the music world has been waiting for.
Whether you're a melody maker, a tech enthusiast, or simply curious about the next big drop in the digital world, this episode is your all-access pass to the future of music.
⌛ Timestamps
00:00:00 Overture: Episode trailer
00:00:27 First movement: Ryan's journey from opera to tech
00:07:11 What music majors learn in universities
00:10:08 How Ryan discovered about Web3
00:11:42 Ryan's hobbies outside of work
00:12:51 The numerous career paths for a music major
00:15:16 Second movement: Building Newm: solving problems in the music industry
00:25:33 Third movement: The Cornerstone Product: Decentralized music distribution
00:30:00 Fourth movement: Why Ryan and team chose Cardano for Newm
00:34:11 Predictable transaction costs on Cardano
00:38:05 Fifth movement: Quick overview of the Newm platform
00:41:32 Uploading and minting music on Newm
00:53:34 Example of selling stream tokens for future royalties
01:01:21 Which platforms does Newm distribute to
01:01:58 The economics of streaming for musicians/artists
01:06:48 The team behind Newm
01:08:59 Sixth movement: Business model and revenue sources
01:11:10 Main challenges or hurdles facing Newm
01:19:19 Funding and future plans
01:20:35 The future intersection of music and Web3
01:24:10 Endgame for Newm
01:26:55 The multi-chain world of Web3 - a symphony of blockchains
01:32:34 Advice for starting a Web3 company
01:36:22 Where to follow Ryan and Newm
01:37:51 Finale: Closing thoughts and next episode's preview
Follow Ryan and his company:
His company website: newm.io/
His Twitter: x.com/RyanJones_NEWM
His project's Twitter: x.com/projectNEWM
My social media:
Twitter/X: ⁠ / lamweb3⁠
LinkedIn: ⁠ / ⁠
Website: ⁠lamtrinh.xyz⁠
My latest article: lamweb3.substack.com/p/the-im...
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#Web3 #Blockchain #MusicTech #NEWM #Cardano #MusicIndustry #Podcast