Steve Aoki talks to us about the blockchain, the metaverse, and the business of music

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Steve Aoki talks to us about the blockchain, the metaverse, and the business of music
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Steve Aoki on why he’s a 'crypto believer'

. The first drop we’re doing is going to be an exclusive collection from My Little Pony for all the Aokiverse members. For my first NFT drop, I did Character X. We had launched with Stoopid Buddy [Studios], Seth Green’s stop-motion animation company, and createdNFT collection — and now we’ve got the next chapter. PFP is coming soon with exclusive early access to just passport holders.

I offer the same thing. That’s why we are doing these drops with My Little Pony, then Attack on Titan next. We’re going to be working with other NFT projects in dropping exclusive collabs inside of Aokiverse with great projects that are blue chip. You have that aspect that Gary V and VeeFriends have done; I am building out what VeeCon is going to look like, and I’m going to be speaking there as well.

When you have a community that has a Discord, do you have moderators to keep it clean, or to keep the racists out? How does that work? Yes, I do. It definitely is a very important topic, and something that needs to be addressed in a way that uproots all of it. If we could figure out a way to build a more ecologically friendly foundation underneath the actual blockchain, it needs to happen. We can ask the question, “Is it worth doing, or not doing?” It is definitely a hope and dream that people who are more versed in this space can find a way to make it more ecologically sound.

The big difference is exactly what you just said, and the whole idea is that we are moving towards Web3. With Web2 you do not own anything. I always put it like this: I fly American Airlines because I want to get my points up. I’m at the highest level, but I can’t ever sell it. Of course, I could fly United all the time, but I decided to be an American flyer. I am Concierge Key and I am proud of that. I don’t necessarily want to sell it, but I want to have the opportunity to.

I think we have not really even made a dent in culture. We’ve made a dent within our small world for sure, but as far as cultural ramifications, we are so small. We are such a small percentage of the whole space. The dialogue is going to change when your favorite artist is doing an NFT and it is art.

It’s entirely up to the market. The exciting thing about the whole world is that the market decides if they are going to spend money on a band that just came out and said, “Hey, I want to make money off this album that no one has heard of.” The market will decide if they want to pay for it and what the floor is, and they are going to decide with their wallets at the end of the day.

Oh, I know, but I think this is like two people talking over each other’s heads because the music is going to exist regardless. It is going to be out there for people to listen to, and like we said earlier, it is basically free. With Spotify, they might increase a little bit for people to make extra money, but it is not going to be a game-changing effect. It is always going to be at that free level.

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