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...
March 24, 2021
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...
March 17, 2021
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...
March 12, 2021
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,...
March 8, 2021
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...
February 10, 2021
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...
February 1, 2021
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