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Jul 28, 2022
Cherie Hu of Water and Music talks at Consensys 2022

HTML0 Cherie Hu from Water and Music discusses Web3 at Consensys 2022.

Water and Music, the journal, and Research DAO (decentralized autonomous organisation) which is gathering the resources for people working to develop their ideas in the music business has been created to ease dialogue between musicians, industry experts. tech. It is now taking it an additional step, engaged with industry hive mind to develop research initiatives that award everyone who participates with a reward.

"My primary reason for becoming an active member is to help people to gain an understanding of the world and become aware of their roles in the world." is the intro from Cherie Hu, founder of Water and Music. Cherie is hoping to assist people in receiving the best education available, to make experts look good in their field. Cherie's tenets of the profession are writing for business. Cherie has always been insistent on the writing she writes that can use in a productive way. "At the conclusion of every post, you'll come away with an idea of how to best way to enhance your company or your job. Be sure that you're able to bridge gaps between what is expected of society as well as our content, which is vitally important." Cherie explains.

This week this week, the Water and Music team has intensified the number of'research sprints' lasting about 10 weeks. they choose a specific topic they like so they gather all the data they can provide their clients with best quality services. In the research sprints after having made the decision to select the topic, they meet with people in the Water and Music community: "We look into what your top problems? What is the top aspect you're concerned about?' Then, we crowdsource these responses for replies. The structure of the report comes directly from the needs," she tells me.

Like most research sprints, Water and Music research sprints are collaborative and focused on community. "It's an idea-generating process which is top-down and we use a variety of individuals to assist during the research process" Cherie says. The Water and Music community has presented two papers within the collaborative. To keep up with trends, they sold NFTs that had retroactive effects and, also people who wish to contribute to the research, they could choose to make a contribution and the earnings were divided equally among those who contributed. "It's clear to me that the results of this research was better than if one person attempted to study every aspect. The research wouldn't be complete!" She smiles. "It's convinced me of its importance in connecting people, but even more important connecting to information."

Regaining power

"It's much more of an academic concept, however I'm of the opinion that it's related for Water and Music: we're an integral component of a community of experts," Cherie continues. "The idea was initially introduced in 1991 by cognitive sociologists Jean Lave and educational theorist Etienne Wenger. It is described as the group of people with common desires, desires, experiences however, they also cooperate with the sole aim of improving the way they create better objects."

It is possible to happen for those who work in the same industry or with similar jobs across various sectors. They communicate frequently and exchange knowledge. Water and Music will contribute to this in a way through the creation of instruments and materials, in addition to facilitating peer-to-peer learning. share knowledge among colleagues "That'll become a crucial part of the future plans to break down the gaps between the various music industry as well as in encouraging people to be more collaborative," Cherie adds.

There's an idea of taking control to the artist, then taking back the control. Cherie wants to convince artists that they're more powerful than they seem to be: "Certainly, in the streaming industry, there are growing numbers of artists who are controlled by Spotify along with other big tech companies. Rates of royalties are dropping -- well, all is going down! We're giving artists the ability to comprehend the many options available. Artists and other people involved in their profession have the ability to become more creative."

Sux3d7DLXXZZZHfaqDqtw The Water and Music team

Cheire clarifies that "community of practice" originally was a term that was used to refer to professional organizations, however it could be applied to groups of artists, such as those we've observed. The reason for this is that within Water and Music the exact goal is to promote the music industry, which is in direct relation to personal motivation. "I'm driven by this project as I'm pianist at the piano. I spent most of my time around classical music, nevertheless, I'm a huge fan of any genre and I listen to the opinions of others on what technology can do," Cherie continues. "Hopefully the information we share aids artists and teams comprehend the technology better, which can help artists create amazing artwork!"

In the rabbit hole

The current study focuses on the chaos of Web3 known as the term for the future of the web based on blockchain technology. "We're seeking to determine an appropriate State of the Union for innovative technological advancements in the field of music in particular, ones that produce quite a bit of chaos" she says. "Web3 is an ideal example because of the huge quantity of uncertainty; no one can be sure what's going on. The longest tunnel is continuing in its current form. It's like "What's happening?" ?'!"

So it shouldn't come as a surprise that as one of the most common fears is caused by opinion-based views of the public. "I think that this is one of the primary factors behind why many musicians haven't been performing NFTs at this moment as they are afraid of negative reactions from their fans," she ponders. "We have conducted research regarding issues associated with Web3. In the world of music there are numerous concerns regarding licensing and intellectual property (IP) which could fall in the hands of NFTs. The entire chapter is here!"

The Tlg9Yi9H8w9qUpATyR6 It was an event that took place at the Water and Music meetup at the NFT.NYC event.

The next report that involves members of the community is being developed. "We're investigating some elusive topics at the moment like the metaverse, or what it's called!" Cherie jokes. "We're no where right now. We're trying to understand what people's opinions are about this. And what the people have difficulties comprehending." This book features interviews with artists, startups and the people who started them, along with specialists from the industry regarding their perspectives on the universe and what they want to achieve within it, and areas that are becoming to be difficult.

Cherie claims that the goal is to integrate this research and the development of online tools that address the problems. "We tried this method on different Web3 topics before, including the second-hand selling of music through royalty shares or NFTs. Certain smart contracts state between 10-20 percent of secondary earnings are given to the individual who came up with it. A large number of people have expressed this as the chance to make profits. The reality is that the vast majority of NFT's are not generating any additional sales." Cherie explains. Cherie believes that it's vital to develop a relationship and relationship with the NFT is a part of it as it is the likelihood that an item could be put on market in the in the near future.

In addition to the research, Water and Music will build an interactive tracker online which allows users to able to input their NFT collection, and then determine if there was extra sales. If they were, what the NFT did to make its way through the market. "We are looking to develop innovative tools that can be interactive. It's known as an interactive method of data journalism, particularly for those who are artists, since they're usually those who are likely to be the ones to think about the release or when the price of NFT decreases. We're working on establishing essential structures and tools to assist people with the analysis task independently."

Conflicting visions

Cherie states that ideas that appear to be new and interesting have become muddy, rather than becoming more clear over time "For the metaverse it's one of the most compelling instances. There's an enormous gap between how metaverse concepts were historical and conceptually defined prior in the early 1960s." She describes how the Water and Music Water and Music team is creating a framework for understanding traditional definitions of the metaverse and the gap between beliefs of people as well as the actual reality of what happens.

"The previous sci-fi book featuring references to the metaverse was based on the idea that there were that connected virtual and IRL realms. The reality we live in now is far removed from the vision of that novel today. However, in the music industry, music artists proclaim "I've started my own personal virtual world" However, they're talking of virtual real-world reality.

"There exists a contradiction between the metaverses which exist," she adds. "You need to consider Meta (Facebook's Holding Company) as well as Epic Games on one side and Epic Games on the other." They're both centralized, and one entity owns everything However it is possible to create the Web3-forward , decentralized metaverse with an interoperable identity in addition to assets. It's reasonable to try out blockchain technology and see what contribution it can make to this. It is, however, completely in opposition Facebook's policy."

Cherie is of the opinion that the metaverse "just changed into this obscure word that anybody can utilize to benefit themselves" and she would like to make a difference. This is in line with her main purpose: Water and Music analyses and critically examines the subject, and is competent to provide concrete advice to anyone who needs to make a decision on what they should do. The real-world applications provide aid to artists and their staff when they are considering joining with certain metaverse-based platforms.

Water and Music meetup

HTML0The Water and Music meetup at the NFT.NYC conference

Cherie closes her show with her usual style and style of speaking, prompting cooperation within her Water and Music community. "In the coming months we'll be featuring interviews with platforms, artists as well as founders of startups. Our investigation into the metaverse is scheduled to continue throughout this summer, until the close of this year. If you know someone interested in becoming involved in this endeavor Let me know. If you have suggestions of people to talk with I'd love to hear your thoughts!"

For further information, go to the website. Also, you can follow Cherie for updates via her Twitter feed: water along withmusic. To become a member of the Water and Music community, and gain access to the community's in-depth research reports and Discord server, go to waterandmusic.com/membership.

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