Today on the show I’m joined by musician and NFT artist Jonathan Mann. For over 5000 days, Jonathan has written, recorded, and published a Song A Day. After discovering CryptoPunks in 2017, he fell down the crypto rabbit hole. Over the past 6 years he’s melded his daily music practice and his interest in artist empowerment through NFT creation.

In this episode, we discuss Song A Day’s evolution from a Youtube song writing project into an NFT collection and full-fledged DAO. We discuss the legal organization of SongADAOas a Colorado co-op, Jonathan’s collaboration with RaidGuild, who built the website and contracts, and why he chose to assign the rights to all songs in the collection to the DAO. We even get a glimpse of the comparative revenues generated by the Song A Day collection between traditional music streaming and NFT sales over the past year.

We’re also joined by Edouard Bessire, co-founder of GBM Auctions. Through their experience building NFT charity auction protocol Cryptograph between 2018 and 2021, Edouard and his collaborators invented their signature “Bid-To-Earn” mechanism. In short, when a bidder is outbid in a GBM auction, they receive a small percentage of the new highest bid as compensation. We discuss the advantages of bid to earn for incentivizing early participation and price discovery in English auctions, and how Song A Day was able to integrate the mechanism into their existing contracts.

Songaday.worldfeatures a plethora of sophisticated features that demonstrate a true affinity for NFT collecting, decentralized organizing, and web3 experimentation. It’s always a pleasure chatting with Jonathan, whose down-to-earth approach and humble ambition are an inspiration to crypto musicians and creators of all stripes. I hope you enjoy the show.

Links

- Cryptograph White Paper where GBM mechanism is first described