The Interledger Community 🌱

Cover image for Live Streaming from Sweet Life Records β€” Grant Report #1
Kyle Ricketts
Kyle Ricketts

Posted on • Updated on

Live Streaming from Sweet Life Records β€” Grant Report #1

Project Update

Aloha!

Kyle here from Sweet Life Records! What an amazing past 4 months it has been working on this project. As some of you know, I work with Zach and Cody from the band "The Sweet Life".

Our goal is to explore web monetization for original music and video releases, specifically through the Cinnamon video platform. As with many things this last year, we have had to travel some roads we didn't quite anticipate, and are excited to keep exploring this new technological world.

Since receiving the Grant, we have released on Cinnamon 7 original music videos from the band, 1 visual collaboration with another top Cinnamon musician, and participated in two different podcasts.

Check them out here:
https://cinnamon.video/The_Sweet_Life

Progress on objectives

Our objective was rather simple. Promote the WM/ILP ecosystem with live streaming and video releases on Cinnamon. As with many things this year, we have had to take a hard look at the approach we have to not only achieve the means of the grant, but also maintaining the bands' existing fan base.

Pre pandemic, The Sweet Life was on a fast track to success in the electronic music scene. They had an entire year of touring lined up, festivals, recording artists coming to the studio...like many, all of that was taken away.

Around the same time we began posting our videos on Cinnamon, we were noticing a concerning trend -- a declining participation from our fan base. Posts were not receiving a significant amount of interaction as opposed to just months before. What used to be a minimum of 75-100 likes per Facebook post, we began to see a sharp decline starting November 2020.

Something we began to do to reach the fans was mass sharing through direct messaging. Some of our fans mentioned they just were becoming burned out with social media, others said they were not seeing our posts on their feed at all.

This did not come as a surprise to me. Throughout this year, there were 100s of methods that musicians were using to keep fans engaged. Live Streams, private shows, lessons, etc etc. It became overwhelming for me as a music fan to the point where I have gone days without listening to music simply because I felt like there were too many people grabbing for my attention.

Turning off the music was a good thing. It caused all of us at Sweet Life to really start thinking about what we would need to do to A) Continuing to move up the musician success ladder and B) Promote and utilize the ILP/WM technology in a truly intuitive and solution based manner.

During the week we went the hardest to promote Cinnamon to our existing follower base, a bug in Coil/Cinnamon caused new followers to not show up. Many people were frustrated and confused as to how to sign up in the first place and experienced bugs that made their user experience poor. We paused aggressively promoting Cinnamon during that time, and by the time we were ready to start again...we had some negative feedback about the Coil email leak - and felt it would be good to dial back once again. Although I am a firm believer in the technology, explaining why and convincing people to use Cinnamon became an arduous task.

To complicate matters even more, the band found themselves in a position where we had to move the entire studio and property to a new location. With studio renovations and a long moving process, we shifted gears this last couple months with a much more refined mindset looking forward.

Something I have noticed, smaller musicians (in the same tier as The Sweet Life) are actively losing interest from fans the longer live touring is shut down. Even bands that we looked up to have seen obvious declines in their viewership of live streams and virtual events. As I mentioned earlier, this shouldn't come as a surprise. Viewer/listener fatigue is a very real issue that many musicians and promoters haven't quite figured out in this new pandemic era we live in. After June 2020, paid virtual events and long format live streams really started to seem gimmicky and a desperate attempt for musicians' to stay relevant. I can't count how many live streams and virtual events I have been invited to this year.

There is one thing that has become a stark truth to me, virtual events simply CAN NOT recreate a live music experience. Until full sensory immersion technology is readily available, you can not recreate the sounds, smells, tastes, and feels of being surrounded by people and loud music. Without the live outlet, smaller musicians are going to struggle even more to break out and retain fans.

These struggles are important to mention, as a significant portion of our timeline revolved around live streams. From the beginning, we planned to use a LiDar Scanning device to projection map visuals into the studio to live stream. What we didn't plan, is how long it would take to learn how to do that. Sure, it is simple enough to use the stock effects our device included to get some interesting visuals, but we wanted the experience to be something viewers wouldn't just watch, but would return to and share as well. I've been spending hours/days/weeks learning Blender/Resolume/Lightform/HeavyM -- all new programs to me, to accomplish this goal. We are excited for the upcoming content that will be released

That leads us to this moment. Zach and Cody have been literally tearing down walls at the studio to open it up for not only projection mapping, but also green screening for upcoming videos and viewer immersive content. I am currently back in Hawaii (mentally and emotionally, I was not as prepared to deal with the east coast winter like I thought) working on original visuals to projection map and live stream with the Sweet Life music.

Key activities

NETWORKING! We have gotten to chat with some amazing people while navigating this project. We have a great relationship with the team at Cinnamon. We have two other ILP/WM collaborators we can't mention right now that have been working with us to develop a fully interactive digital musical experience. Also would like to give a shout out to Coil, for generously gifting us with 500 3 month trial memberships to give out

LEARNING! The speed at which entertainment technology is changing is mind numbing. There is truly nothing we can't learn. Combining knowledge and teamwork is our route to success.

Communications and marketing

Check out the podcasts we did

Zach and Cody with Cinnamon
https://blog.cinnamon.video/creator-stories-episode-1/

Kyle with PLAN
https://cinnamon.video/watch?v=458625857884260180

What’s next?

Finishing/releasing several music projects recorded at Sweet Life Records.

Releasing behind the scenes content

Going on a socially distanced and remote eco tour around the US -- live streaming each location.

Developing a visionary interactive virtual music platform

What community support would benefit your project?

Listening to our music and following us on Cinnamon would be great! We are open to all kinds of collaboration.

Top comments (8)

Collapse
 
drsm79 profile image
Simon Metson

Nice write up. I share your pain/concerns around Coil being the only game in town (had an artist asking about the SEC filing today), I’ve made peace with it as the technology is so new - these kind of issues are inevitable, and part of why gftw is happening.
I wonder if we can collaborate in some way? Be nice to have a bridge between audiotarky.com/$ and what you guys are building.

Collapse
 
kyle profile image
Kyle Ricketts

I agree. Not only is the Coil ecosystem so new, but we are in uncharted waters as far as the future of independent entertainment goes, and it is an uphill battle for creators that want more financial compensation and exposure potential.

I'd be interested in seeing a stable coin issued instead of XRP for native Coil based payouts. Unfortunately, as crypto gets more mainstream, the tribalism is still holding strong. We actually have had multiple artists take jabs at XRP and pass up even reading about the WM tech soley because of the association with Ripple.

Is anyone familiar with any association between NFTs and the ILP tech?

would love to talk about collaboration, send me an email at submerg5d@gmail.com

Collapse
 
erikad profile image
Erika

This was a super interesting read, Kyle. I sympathize with the numerous challenges that have come your way, from the pandemic, to fatigue from social users resulting in dropping engagement, to challenges with the existing tools in the WM ecosystem. We've heard similar stories from other grantees, so you're not alone! As you said, most virtual events are simply no match for live gatherings, especially when it comes to music. That being said, you might like to check out a few folks really pushing the boundaries with virtual events: Andy Baio (of XOXO fame) received GftW funding for Skittesh, a web-monetized virtual event space. And GftW founding collaborator Mozilla is about to kick off MozFest, which will be demo-ing some cool new tech.

Collapse
 
chrislarry profile image
Chris Lawrence

Really appreciate the honesty and sharing in this report. I am hoping that we can move WM from being a "crypto thing" and focus more on the core technology pieces that are agnostic to crypto. Do you have thoughts on how GftW can better promote the technology in a general way that avoids the tribalism?

Collapse
 
kyle profile image
Kyle Ricketts

I think using a stable coin would help a lot. As far as I know, all of the WM payouts are in XRP. Being paid out with XRP is a risk for creators that aren't even tribalists. It is simply too volatile -- especially with the SEC concerns, to rely on it as a steady income stream. Sure the upside is that XRP price could go up, but isn't that just as bad as hoping people click on youtube ads? XRP or not, it is disheartening to see money you actually worked for (creating content and not just buy and hodl) be at the whim of a hyper speculative trading community.

Maybe even a toolkit native to Coil that automatically sells XRP payouts to whatever coin the creator wants? Is any of this possible or being worked on through Flare?

Collapse
 
annieberman profile image
Annie Berman

Now following on Cinnamon, thanks for the music!

Collapse
 
chrislarry profile image
Chris Lawrence

@kyle can you fix your header image and I think some of the parts of our template got into your post, like the brackets in the title.

Collapse
 
chrislarry profile image
Chris Lawrence

thx!