3a) Here’s a free business idea for you: Start a universal registry of NFT music owners’ names, preserved for eternity on blockchain, but updated with each change of ownership—and give free shares to record labels and star musicians who sign up as participants. The musicians and labels still retain all their intellectual property rights, but you’ve given them some sizzle to sell along with their stakes. And each of them receives partial ownership in the registry business for free, just by joining—so their participation is a no-brainer. It’s like the “name a star” registry, but with the kinds of stars that really matter.
Not only is the NFT owner recognized on this proposed blockchain, but the entire lineage, including every previous owner—traced back to original seller (or recording artist)—is preserved as well. Now Jeff Bezos can point proudly to an entire family tree tracing his ownership in Kind of Blue back to Miles Davis himself. That’s an NFT proposition to make billionaires salivate like Pavlovian poodles in a belfry.
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