That includes the record companies and publishers, who work with songwriters and producers and hold the rights to music compositions. That also includes music-driven services like Spotify, YouTube, and Pandora which are already a big part of the ecosystem. They too are looking to expand into Web3 to harness the power of creator-fan communities. Web3 at its core is not about disintermediating existing players in the digital music industry. It’s about using the technology to incentivize and reward all participants.