In peak crypto times, some companies in that space were waving dollars (or non-fiat currencies, of course) at any passing celebrity.
Tag: cryptocurrencies
Kim Kardashian pays $1.26m after SEC’s crypto charges
Kim Kardashian has become the highest-profile celebrity/influencer yet to be charged over a crypto promotion on social media.
As the #CryptoCrash continues, what does it mean for music?
Cryptocurrencies, as we’ve mentioned a few times previously, are volatile. And that volatility brings with it some anxiety
Becky G to give away $500k of bitcoin with Block’s Cash App
The crypto market is going through a wobbly time, yet high-profile promotions involving crypto firms and music artists seem to be accelerating.
What does the #CryptoCrash mean for web3 and music?
You’ll probably have read about the current, let’s say, zesty vibrancy in the crypto market. There’s a lot of volatility on offer to munch your popcorn along to: NFT trading […]
The Sandbox Guide to… creating NFTs (and deciding if you should do it in the first place)
NFTs are undeniably exciting – but are equally confusing, with bloated million-dollar valuations, complicated terminology (a ‘gas fee’ is no longer confined to your rising heating bill) and the feeling that making the wrong move could damage your artist’s career. We think there should be no stupid questions when discussing NFTs – so this Sandbox […]
Tools: NFT Marketplace Roundup
With this month’s Sandbox guide focusing on creating NFTs, this issue of Tools aims to provide a quick comparative overview of some of the NFT marketplaces mentioned in the guide: […]
Beatclub partnership lets fans invest in music from big-name producers
Beatclub, the beat-selling marketplace founded by producer Timbaland and the CEO of Mono Music Group, Gary Marella, has signed deals that it hopes will allow people to own, trade, and create […]
Stablecoins, Bitcoin’s wild volatility, and how the crypto market works
There’s something funny happening with cryptocurrencies right now, and if you have any interest in combining music with crypto technology (like dropping an NFT, for instance), read on. Actually – this isn’t news, as such: there’s *always* something funny happening in the world of crypto – which is the reason you need to understand it, if only a little bit.
You’ll have noted that the value of Bitcoin – and thus all other cryptocurrencies of note – have dropped significantly recently and that NFT activity and hype has dipped too. In fact, between writing and editing this article, the price of Bitcoin dropped a further 10% and then went up again by 11%. That’s not just volatility, it’s bananas.
Knowing how the crypto world works – or being aware that you don’t understand it very well – is important if you are considering investing time, money and your artist’s reputation into it.
We’ve written a lot about things that live on various crypto frameworks – things like NFTs, that can make artists a lot of money very fast, or more slowly, by creating meaningful long-term relationships with fans. And we’ve written about technologies that promise to revolutionise how artists raise and share money, like Ditto’s fascinating Opulous “Decentralised Finance” (DeFi) platform.
Sandbox Issue 274: OMG, NFTs, WTF? Music Ally’s guide to making and selling an NFT
Lead: After two excitable months, the wild, get-in-on-the-ground-floor hype around NFTs is starting to abate somewhat, and while interest – and cynicism – remains high, now is a good time to find out what we have learned so far. So here’s Music Ally’s analysis and guide to making and selling NFTs. What did people who made them find out? […]
Downtown’s Joe Conyers III joins Crypto·com to work on NFTs
Artists piling onto the NFTs bandwagon is one thing, but prominent music industry executives leaving their jobs for it is quite another. Joe Conyers III, of Downtown Music Holdings, has […]
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, […]