Tag: blockchain

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Early blockchain music startup Jaak has shut down

British startup Jaak was part of the first wave of firms trying to put blockchain technology to use in the music industry. It was part of the first Techstars Music accelerator in 2017, and launched a pilot with partners...
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Async to launch ‘programmable music’ through stems and NFTs

Async is a startup focused on ‘programmable art’ that is capable of changing over time. Oh, and it’s also part of the blockchain wave, with that art able to be bought, resold and interacted with. It has...
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Music and NFTs are buzzing, but should you believe the hype?

The music industry has got quite… well, let’s say “excited” about Non-Fungible-Tokens (NFTs) in the last couple of months. The headlines have been breathless and the figures eye-popping. Grimes sold $5.8m of NFTs...
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Blockchain ticketing firm Big Neon is shutting down

Anyone looking for a reminder not to get too carried away with the NFTs bonanza would do worse to look at the fate of some of the blockchain music companies from a few years ago that had big ambitions. Big Neon for example,...
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Blockchain game sells nine plots of virtual land… for $1.5m

We’ve been writing about NFTs (nonfungible tokens) recently, and thinking about their potential for the music industry. But other entertainment sectors are doing the same, games in particular – the pioneer industry...
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Ditto launches Opulous decentralised finance scheme for artists

Ditto CEO Lee Parsons sparked some heated online discussions last month with his ‘There’s never been a better time to be a recording artist‘ article. He claimed that over 500 of the distributor’s artists...
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Music Ally Startup Files: Bitfury Surround – After the initial hype disappointed, can blockchain tech have a second coming for music?

Bitfury Surround says it is about to provide a platform that can take all your data, attach it to the blockchain, and standardise it. Then, you can look at this vast, interconnected set of data and figure out, for instance,...
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Rocki explores how much songs are worth on the blockchain

The value of a song? It’s complicated. Very low if you’re an artist or songwriter worried about your streaming royalties. Very high if you’re an established musician with a back catalogue, and the likes...
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Spotify is exploring the digital asset and cryptocurrency space

We made the latest news on Facebook’s Libra cryptocurrency initiative one of the lead stories in last week’s bulletins, which may have seemed a bit of a niche pick. The initiative, which was renamed Diem shortly...
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Artist Lil Yachty is launching his own cryptocurrency

Remember the heyday of the early blockchain+music hype, and visions of a future where successful artists would ‘tokenise’ themselves, with their own cryptocurrencies, with oodles of riches for everyone? Well,...
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Blockchain music service Audius has 30k-50k daily users

We’ve been following the progress of blockchain music streaming service Audius with interest: from early debates about whether its ‘censorship-resistant’ nature would be a copyright-takedowns nightmare,...
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Niall Horan releases a ‘digital collectible’ with Fanaply

If online concert ticket sales wasn't enough Niall Horan news this morning, here's some more! Horan's Royal Albert Hall event was also the focus for an official partnership with digital collectibles startup Fanaply. 40k...