DJ Justin '3LAU' Blau returns to Bankless to discuss Royal, the platform for decentralizing ownership to music rights. Royal recently raised $16m and has launched its early access. We've seen crypto take the visual art world by storm - is music next? ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha  🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants  ------ 📣 TracerDAO | Building DeFi Infrastructure. Join the Discord! https://bankless.cc/TracerDAO  ------ Topics Covered: 0:00 Intro 4:30 Justin Blau 9:24 Record Labels vs. Co-Ownership 15:55 Investing in Artists 21:24 Solving Hard Problems 25:42 Making Adoption Easier 28:21 Social Tokens 34:00 Stage & the Crowd 39:53 Tastemakers 43:05 Artistic Utopia 46:10 Permissionless 48:57 We're in the Future 51:02 DeFi, NFTs, and Culture 57:50 Closing & Disclaimers ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 

Raoul Pal is the CEO and co-founder of Real Vision, the content production studio focused on democratizing access to financial knowledge. He’s an investor with a sharp eye on the global macro environment, and has a strong grasp on the relationship between history and economics. What has changed since the last time Raoul was on the podcast? His takes on Ethereum are fascinating and thought-provoking, and his bullishness does not come lightly. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha  🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants  ------ 📣 TracerDAO | Building DeFi Infrastructure. Join the Discord! https://bankless.cc/TracerDAO  ------ Topics Covered: 0:00 Intro 5:00 Raoul Pal 7:31 The Macro World 11:48 Inflation 18:33 The Macro Crypto Story 31:43 Network Effects and Adoption 40:25 The Greatest Trade 46:25 Communities and Killers 52:50 The Ethereum Layer Zero 1:00:00 Raoul’s Allocation 1:03:27 NFT Mania & Culture 1:14:56 What’s the Metaverse? 1:22:07 Regulation, Social Tokens, Projects 1:25:43 Cyclical Markets, Predictions 1:28:41 Hope in a Rocky Decade 1:33:45 Closing & Disclaimers ------ Resources: Real Vision https://www.realvision.com/  Raoul on Twitter https://twitter.com/RaoulGMI?s=20  The World Is Waking Up To Crypto https://newsletter.banklesshq.com/p/the-world-is-waking-up-to-crypto  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures