Tag: blockchain

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As Steam bans games selling NFTs, should music be wary too?

This is not a music story, but it's one that may give our industry pause for thought in the continued excitement around non-fungible tokens (NFTs).
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Opulous to sell ‘S-NFTs’ for artists Lil Pump and KSHMR

It will be working with artists Lil Pump and KSHMR to sell 'S-NFTs' – a term they've coined to describe NFTs sold as 'securities' under US financial regulations
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Startup Files: Serenade offers another spin on music NFTs

In August, Serenade announced itself as the latest startup looking to help musicians and music brands create and sell NFTs. It promised to be both accessible – fans could pay using regular debit and credit cards – and...
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BT and Paul Oakenfold put blockchain at the heart of new albums

Since the earliest days of blockchain hype in the music industry, electronic music artists have often been the first to experiment with the technology: particularly those that are most tech-savvy and who control their rights. There...
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Snoop Dogg is building a mansion… in virtual world The Sandbox

Throughout Music Ally’s history one principle has held true: if there’s a whizzy new digital platform of some kind, Snoop Dogg will be on it before 99.7% of other artists.
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Rcrdshp raises ‘multi-million’ seed round to make more NFTs

Rcrdshp launched its first collection in August and sold out in a matter of hours, before repeating the trick with its second drop later that month.
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Audius raises $5m from investors including Katy Perry and Nas

Decentralised music streaming service Audius has announced a $5m funding round that includes investment from some big names in the music world. Katy Perry, Nas, The Chainsmokers, Jason Derulo and Pusha T are among the...
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Fuga boss sees bright future in local DSPs and blockchain technology

Fuga boss Pieter van Rijn has been outlining where he sees future revenue growth coming from, in his speech at the Music Ally China Digital Summit. “The continuous rise of UGC and social platforms in combination with...
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Artist 3lau is launching a music-rights investment platform

It's called Royal, and it is launching with $16m in seed funding. And – stop us if you saw this coming – there's a blockchain/NFT angle.
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Potentiam breaks cover as latest blockchain music startup

Remember the days, not that long ago, when a flurry of blockchain music startups emerged with promises to revolutionise the industry?
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Revelator opens up decentralised music rights platform, Original Works

Copyright management platform Revelator has launched a web app for music distribution and royalties, which includes an artist wallet that connects to its Original Works platform. It’s a user-friendly interface that allows...
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NFTs update: Grateful Dead, Muse, Harvey Mason Jr and more

If this is the trough of disillusionment for NFTs, nobody told... well, a whole range of artists and industry figures, who are still piling in.