cryptojournalist
The Power of Live Music in a Digital World
The music industry is evolving again, this time with Web3 technology offering new ways for fans to connect with their favorite artists. But according to Dave Stewart, legendary musician and co-founder of SongBits, one thing hasn’t changed: the magic of live music.
“Live music is timeless,” Stewart says. “Platforms like SongBits aren’t just about technology; they’re about creating real connections between artists, fans, and the music they love.”
SongBits: Where Web3 Meets Real-World Events
SongBits, Stewart’s Web3 music platform, isn’t just about digital innovation—it’s about using technology to amplify human connection. The platform is hosting a Christmas charity event in London with Big Issue to fight poverty and homelessness. Featuring live performances from SongBits artists, the event highlights the platform’s mission to bring music and community together.
“Real connections happen in person,” Stewart explains. “If you’re serious about transforming the arts, you can’t stay online. You have to show up in the real world.”
Web3 for Good: Transparency and Charity
SongBits uses blockchain technology to ensure total transparency in its charitable efforts. Every penny from sales and donations goes directly to charity, and fans can see exactly where their money goes.
Fans can also purchase fractional ownership of music, creating a deeper connection to the songs they love while supporting meaningful causes. “It’s about being part of something bigger,” Stewart says. “Fans aren’t just supporting artists—they’re making a difference.”
A New Era for the Music Industry
With decades of experience in music, Stewart believes Web3 is the next big shift, just like the move from vinyl to streaming. He sees a future where traditional music practices blend with Web3 innovation, solving issues like fair pay and fan engagement.
“The future of music is a mix of old and new,” Stewart says. “Web3 platforms will work alongside the industry, giving artists and fans new ways to connect and grow.”
