The video discusses the potential of Web3, a blockchain-based platform that enables users to own and control their data. It describes how the technology can be used to create "nft" tokens, which can be used to reward musicians, producers, and other creators. The video also discusses some of the challenges associated with the monetization of Web3.
Web3 is a new platform that allows for closer relationships between creators and fans, as well as more collaborative music creation. It is a decentralized platform that allows users to earn tokens in return for supporting various protocols. Additionally, Rabbit Hole pays its students in tokens for their learning.