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,...
January 11, 2021
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...
December 17, 2020
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...
December 7, 2020
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,...
November 19, 2020
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,...
November 12, 2020
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...
November 9, 2020
Tidal makes social VR move with $7m purchase of Sensorium tokens
It seems to be the week for music streaming to meet virtual reality startups. VR firm MelodyVR announced plans to acquire Napster, and now Tidal is making an investment in VR company Sensorium Corporation. It's not a traditional...
August 27, 2020
Blockchain music service Audius raises $3.1m funding round
We first wrote about startup Audius when it raised a $5.5m funding round in August 2018 for a service that was described as 'SoundCloud on the blockchain'. When it launched its public beta a year later, it was interesting,...
August 3, 2020
Verifi Media launches blockchain music-metadata service
Music Ally has done its time in the blockchain trenches: our reports on the technology’s potential for music from 2016, 2017 and 2018 are evidence of that. One of the conclusions we’ve drawn: the ‘sweep...
June 15, 2020
Dapper Labs launches blockchain-powered NBA collectibles app
If you recognise the name Dapper Labs, it might be because of its CryptoKitties blockchain-powered game, where people buy and sell virtual cats (sometimes for startling amounts of money). Or you might recognise the startup...
May 28, 2020
eMusic says its new ‘eMU’ token helps fans support artists
Music service eMusic has been flying the flag for blockchain technology since mid-2018, when it announced plans for a new music distribution platform that – get your blockchain bingo card and blotter out for this – “cuts...
May 26, 2020
Music Ally Startup Files: Fanaply’s limited-edition digital collectibles
In November 2019, WMG's head of innovation, recorded music, Scott Cohen told Music Ally that he was interested in the ways that blockchain technology could create new value for the industry. One example: digitally-scarce...
May 5, 2020