$HMKR Web3 Muisc Community space 4/21

The Spaces focused on Rex discussing various advancements in the Hitmaker project, particularly emphasizing the integration of multiple blockchains to enhance interoperability and scalability. He elaborated on the technical solutions being explored, such as efficient data storage, gas fee environments, and bridging protocols. Rex emphasized the importance of ensuring the platform's stability and future-proofing its operations. He also highlighted new platform features like collections and playlist functions, as well as creative strategies for marketing and community engagement. Future plans involve building a Web3 cloud for audio NFTs to ensure longevity and profitability for creators.

Twitter Spaces Discussion Summary

Overview

Rex, the speaker, focused on discussing the strategic initiatives and technical development ongoing at Hitmaker, a platform integrating audio and blockchain technology. He emphasized the importance of future-proofing the platform, ensuring cross-chain communication, managing gas fees effectively, and creating a reliable system for audio distribution using blockchain.

Key Points

Future-proofing and Cross-chain Communication

Rex is working on making Hitmaker compatible with multiple blockchain networks, prioritizing the selection of a base chain and enabling seamless communication across these chains. He highlighted the importance of choosing the right chain and protocol to ensure audio files are readily accessible across different networks.

Challenges with Gas Fees and Transaction Structure

The discussion included challenges related to gas fees and transaction structures on various chains, such as Polygon and Scale. Rex suggested that storing and managing DSRCs (Digital Source Records and Containers) in zero gas fee environments, like Scale, could alleviate transaction costs and complexities, allowing for efficient cross-chain operations.

Building Scalable and Reliable Systems

Rex stressed the importance of creating scalable systems that can withstand future demand without deteriorating. The plan includes printing certificates based on zero gas environments while making Minting and referencing efficient across different chains.

DSRC Management and Royalties

Rex mentioned implementing features for managing DSRCs, including playlist creation, collection management, and royalty split calculations. Collections consist of audio groups (albums, mixtapes), allowing users to buy packages respecting individual song royalties.

Audio Distribution and Web3 Cloud

The vision for Hitmaker involves creating a Web3 cloud for audio, ensuring persistent, high-quality, and cost-effective distribution. Rex plans to provide a safe and reliable way for users to access and monetize their audio files, distinguishing from Web2 distribution methods.

Marketing and Community Building

As a videographer, Rex plans to leverage his expertise to market Hitmaker creatively. He aims to create a publication and radio station to embed Hitmaker into multiple cultures, validating artistic identities and serving as a breeding ground for collaboration.

Personal Reflections and Future Plans

Rex reflected on his journey as a founder, sharing knowledge and experience garnered over the years. He expressed excitement about future developments, planning to transform Hitmaker from its 'cocoon stage' into a fully-fledged platform.

Conclusion

Rex concluded the session, expressing optimism about Hitmaker's growth and future opportunities. The focus is on strategic collaborations, testing new ideas, and ensuring that all facets of the platform are prepared for broader adoption and usage.