Sooooo basically this is going to compete with the entire record industry and itunes?
Think of a decentralized iTunes, plus Kickstarter and maybe Pandora. Oh, and you can spend your crypto to buy songs. Artists get to keep much more of the money AND they can issue their own 'shares'. The potential for this DAC is enormous. Looking forward to PeerTracks. By the way, "kingcob" (aka "cob" in the BitShares forum) is a longtime forum member and trusted developer from the BitShares team. And Eddie Corral, the industry partner behind PeerTracks/BitShares Music, has deep experience working with the major record labels and signing acts like Destiny's Child. Just in case you wondered if this team has the juice to pull off its project, here's Eddie's bio from another site:
Eddie Corral brings twenty five plus years in the business of music – his vast knowledge and experience of the industry stretches from record producer to music publisher, concert promotions to radio broadcast. Corral was a regional A&R rep for Universal/Republic, Atlantic, Arista and Epic Records, during that time he successfully had five major label signings with a total sales volume of eleven million records sold. Corral is a current fifteen year voting member of the National Academy of Recording Arts and Science (NARAS). Corral started at an early age working for touring production group Houston based Pace Concerts which would later lead him to Clear Channel Radio and eventually Radio One where he was hired for special project events for over forty radio stations across the country – Corral booked and promoted radio concerts and also produced several compilation records that were sold throughout the network. His passion today is finding and working with new talent.
