House music and blockchain technology is certainly an unusual combination of topics, which at first glance could not be farther apart from each other. When one allows one’s mind to wander across fields of drum beats and
Shane Kehoe epitomizes eclecticism. His mind is a swirling cauldron of music, financial investments, and advocacy for the digital gold brought to life by cryptocurrencies. He is a worldwide wanderer, as the meanderings of his life as Resident DJ at the Ministry of Sound and crypto king have taken him on a journey that few others could hope to imitate.
The Dublin native recently spared a few minutes of his valuable time to talk to me. I knew my time was short, so I had to make every question count. So put your headphones on, turn up the volume, because Shane is in the house…
On motivation and what blockchain technology can do for people
What motivates and drives people to succeed, or otherwise, can be perceived as an intimate question. The human mind draws inspiration from a variety of sources, driving a person down paths determined by many factors.
I was interested to know Shane’s motivations for everything he does, and how he perceives the usefulness and purpose of blockchain technology.
“What really motivates me is the ability to make somewhat of a small change, to make a difference. For me, it’s about legacy. It’s about doing something that has meaning and benefit, something that can help others. If we’re right with the adoption of blockchain technology and cryptocurrency, the legacy that will be left behind will be something that I’ll be very proud of.”
Blockchain technology has been around since circa 2009, but that span is but a drop in the ocean of time when put into context. It is the sense of possibility, the chance for innovation and the betterment of people and society that keeps blockchain alive. A large portion of Shane’s life now revolves around this technology and he had a lot to say about it.
“It feels to me that we’re back in the early stages, similar to the dawn of the internet in the early 1990s. Wouldn’t it be amazing to go back to that time and have a small piece of a system known as the internet protocol? That’s what motivates me. The ability to make a difference.
“Blockchain will change the way that companies, enterprises, and governments address transparency and will enable the ability for an immutable record to be put on the blockchain. Transparency and clarity, which are inherent to
“Blockchain will allow people to have a voice.”
On house music as a lifelong passion
The heart of blockchain beats and hums as the crypto braids that hold it together tighten around the world.
It is of some surprise that Shane is an accomplished DJ who works part-time for one of the most prestigious clubs in London, if not the world. The man is a Resident DJ at the Ministry of Sound club. I definitely wanted to know how Shane got to this position.
“It started long before I became aware of cryptocurrencies, Bitcoin, or anything like that. You have to have passion, no matter what you do. When I was in my early teens, my passion was not football, or cars, or anything like that. My passion was music, electronic, digital music in particular. What most intrigued me was how music was actually made, how
“For me, being a DJ means being able to communicate and share a moment with people, at the right time, at the right place, with the right sound. It became such an addiction, and I wanted to fulfill it. So I would buy every piece of House Music I could find, bought a set of decks, attended events. I thought at first that it would be a brief passion but turned out to be a 20-odd years love affair with music.”
Shane hit a watershed moment in his life story around 2005.
“I got signed up to the Ministry of Sound by the mid-2000s, and I soon became a Resident DJ and got to tour the world. I spent about eight years there, at a professional level. I was working concurrently at one of the largest hedge funds in London and on weekends I’d get on a plane and rock dance floors around the world. So I was going from trade floors to dance floors.
“Yet, no matter what you do in life, you’ve got to be happy and do something that’s fulfilling. House Music, music in general really, has always been a big part of my life, because in an instant it can change the way you feel. House Music will never die, and my DJing ability will never go.”
The tempo of the conversation prompted me to ask Shane about the relationship between music and blockchain. It turns out I struck a chord.
“This is a very interesting question. Up to recently, I would have looked at music and blockchain as two separate concepts. Now, though, I look at blockchain and see how it can help artists who are creating music. In the past, record labels would have gone in and taken that music, played it, but maybe not paid the artists themselves. There would have been no token structure for the artist to be rewarded for their creativity. That injustice is very quickly changing thanks to
So there is justice to be drawn from blockchain.
“What we are seeing more and more of now in the music industry is a call for transparency, a real call for the ability for songs and artists to be on the blockchain, so when a song, or a sample of a song, is played, revenue is generated for the record label and the artist can also get paid what’s due.
“We’re looking at another project right now that acts as a decentralized music storage space, a bit like Soundcloud on the blockchain. It’s really interesting stuff, and I really see the advantages for the adoption of blockchain technology by the music industry.”
On taking the leap into the blockchain pool
That beat coming from the b
“During my travels with Ministry of Sound, I became aware of the existence of Bitcoin. probably around 2013. I remember I was in Korea at the time. I had merely an understanding of cryptocurrencies, nothing more.
“What really got me into it, however, happened in late 2016. I had read an article in Forbes about Bitcoin’s meteoric rise. I checked Bloomberg and saw that Bitcoin’s price had risen to $1,000. That was the moment when the light went on in my head; it was a watershed moment. I knew instantly that it was gold 3.0, and that there was a finite supply. It took me five days to buy some Bitcoin and, in that period, Bitcoin went from $1,000 to $1,080, so I thought it was a good move.
“But it wasn’t about where it was coming from, it was about where it (Bitcoin) was going. From that point on, we bought about $100,000 worth of Bitcoin. That was the beginning of another addiction. When you lift the lid on cryptocurrency, it’s very difficult for the genie to go back into the bottle. We haven’t looked back since.”
Supporting the EOS protocol through SVK Crypto
Shane’s latest project is SVK Crypto, an investment firm based in London. I wanted to know more about it.
“At SVK, we focus solely on cryptocurrencies and blockchain technologies with a global, long-term view. SVK is a group of nine individuals. Some of us have a financial background, some of us have a tech background. Our biggest achievement so far is a partnership with Block One, the creator of the EOS.io protocol.
“Our role here is to
“At the core of SVK’s business though, SVK is a community-driven firm. We bring people together, we connect people. And to build a community, you have to think about your people first and serve your community. When we started SVK, we started a blog, which went from 300 people to 3,000. We were educating and notifying people about what we do. After the blog, we decided we’d host a meet-up, and we now host one of the largest monthly meet-ups in London. We bring all the community together, and we have speakers who are there to educate and answer questions.”
On childhood and the support of a loving mother
Childhood experiences influence the people we become as adults. They affect our behavior and outlook on life. Shane warmly shared some of the experiences of his long distant past.
“I grew up in the north side of Dublin and had a father who was very much focused on education, but I wasn’t that interested. My mother, however, would tell me that I could do anything and that, as long as it put a smile on your face, it’s not what you ask for but how you ask for it. My mother was always there to instill confidence and give me support. Having a good family upbringing, and a mother telling you that you could do anything, gives you a good, steady upbringing. So I give my mother a lot of credit for the person I am today.”
On engaging audiences
I wouldn’t be the greatest public speaker myself, so I always admired those speakers who can engage the audience with their attitude and their words. I’m also interested in learning about the mechanics of how that engagement works. Talking to Shane gave me a good opportunity for enlightenment.
“That’s also a really good question, and I’ve never been asked it like that before. When you’re looking to have audiences engaged, what I find is that people react positively when you can tell a story, when you can explain something in a simple manner. That story is your journey. Basically, you tell ‘how have I got here’, ‘how have I got from where I was to where I am now.’ Tell all the things that you’ve done that have added to that journey, and also, being honest, to open your heart to the audience.
“So I think that being honest, telling a story in a simple fashion, and communicating the vision of what you believe, are keys to engage the audience.”
On the future of cryptocurrency, and blockchain
The crypto world has been a wild ride from the start, and that’s a bit of an understatement. Dramatic price fluctuations, crashes, well-publicized scams, and a number of other events have peppered the crypto landscape with
“We’re all in this massive and beautiful journey together, which is at an experimental stage. So two things might happen. One, the crypto market is going to go from $200m to zero and we’re all going to have to get real jobs, or two, we are really right. We are really really right, and we’re on the dawn of something that is ground-breaking, something that will change the world for the rest of our lives. We might go from a $200m market to a $2 or $3tn market. That’s what really excites me and, when I convey that to the audience, they get excited too.”
Crypto will live, or crypto will die, that’s the nature of the beast. But as Shane himself said, the genie is out of the bottle and she may not want to get locked in again for another few hundred years.
The sense of gathering a community ran clear throughout my interview with Shane Kehoe. Be it a crypto community via
And whatever about crypto, music will certainly never die.