This is an online community discussion
A videochat between members of the Groupmuse community
Groupmuse and the Blockchain: Community Currencies with Jake Vartanian
Thu, September 16, 2021 12:00 PM, EDT
This conversation will last for one hour, from 12 noon EST to 1pm EST
At a moment of unfathomable change in the world, Groupmuse stands ready to use all available means to make the world a better place for musicians and musical traditions of the world.
Live concerts aren’t coming back like they were, many have screen fatigue... but we still have each other. After months of thought, conversation and listening, there’s a growing sense here at Groupmuse that it’s time to do something we’ve been known to — innovate. We’ve begun exploring ways in which the blockchain — a phenomenon that’s generated so many resources for a narrow group of tech-savvy folk — can be used in the service of ancient art, to create a new mode of artist support in a world that needs timeless music more than ever.
We do not know all that this process will yield, but thus far our conversations have revolved around:
A Musecoin, a digital currency for artists, to be earned through playing music for people.
A decentralized autonomous organization (a DAO) to underpin the musicians cooperative, already months in the making.
Non-Fungible Tokens (NFTs), so that artists can truly own their work.
Blockchain is a powerful technology -- with the potential for massive impact, which isn’t an inherently a good thing -- that will come down to how the technology is used and for whom. So, as ever, we’re intent on listening and proceeding with care, thought, and heart.
We’re starting with a series of seminar conversations where we bring in experts from the world of blockchain to talk to our community, so that we can be more literate and effective in discerning the path ahead together.
More than anything, we’re committed to using all available technologies to build resilience and lasting value in our musician community and to make our world a better place for historical music and the living, breathing community that grows in its glow.
P.S. If you can’t attend but want to support all of our efforts to serve musicians through these times, please consider donating to the Groupmuse Foundation!
Currently based in Denver, CO, Jake has spent the last few years garnering insights on global economies and emergent communities. A self-taught stock trader in his youth, Jake entered the cryptocurrency arena in early 2011 at age 17, inspired by community currency visionary Robert Swann, the works of counterculturist Hakim Bey and connecting his yoga practice - specifically the cultivation and distribution of attention - to understanding the nature of value.
As he observed networks creating value over time through on individual and collective participation and emotional connection, Jake worked as a community evangelist for the Synereo project, which monetizes original content posted on the web. He then led the marketing efforts for the SingularDTV Token Launch, which provides artists applications to manage projects from development to distribution.
In 2016, Jake founded Cryptodex, the first ever token launch consulting firm. He was involved in a series of successful cryptocurrency launches and projects including Tokencard and Primalbase. He also supported Bancor, which enables instant liquidity and convertibility for tokens of any size market cap.
He currently advises Constellation Labs, Dispatch, Swytch and Electron.
With the success of Bancor and its framework opening the doors to new possibilities of marketing making, Jake began to envision Native, which enables emergent communities to express their ethos, make collective decisions and utilize their own currencies.