Tag: cryptocurrency

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Major payment companies back out of Facebook’s Libra cryptocurrency

Back in June, Facebook announced that it was going to launch its own cryptocurrency – Libra. The news resulted in the classic mixed results. Some focused on the fact that it would change the financial shape of markets where...
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Questions and criticism emerge for Facebook’s Libra currency

Facebook launching its own global currency was bound to provoke some criticism, and some close scrutiny of exactly what the social network is planning and how it will work. Three pieces are worth your attention today to understand...
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Spotify explains why it’s backing Facebook’s Libra cryptocurrency

The recent leaks were correct: music-streaming Spotify is on board as one of the first backers of Facebook's new Libra cryptocurrency. The social network will launch a cryptocurrency called Libra in 2020, complete with...
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Report claims Spotify is backing Facebook’s new cryptocurrency

Facebook has quietly (bar the odd leak) been working on its own cryptocurrency initiative for some time now. Reports suggest it will be announced tomorrow (Tuesday 17 June), complete with a consortium of partners offering...
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Sandbox Issue 205: Merchandising and Swift Sales

Lead: In part two of our online and social media merchandise special, we go beyond Instagram to look at the wide variety of tools and platforms opening up here, how to best deploy them and where they can be used to make artist/fan...
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Blockchain startup Soundpruf to pay artists AND fans for Spotify streams using cryptocurrency

We’ve heard about some intriguing music-focused blockchain startups in our time, but Soundpruf is taking a new spin entirely on the intersection between cryptocurrencies and music. “Soundpruf will offer a web/mobile...
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Lino raises $20m funding round to build a ‘crypto YouTube’

Lino wants to build “a decentralised autonomous content economy, where content value can be recognised efficiently and all contributors can be incentivised directly and effectively to promote long-term economic growth”. Not...
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Gareth Emery of blockchain music startup Choon: ‘We’re committed to radical transparency’

We’ve seen a few blockchain-music startups in our time, but Choon is the first one named after what you might shout at the DJ when feeling over-excited and emotional in a club. That’s a world that the startup’s founder...
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Meet Kasotsuka Shojo – the cryptocurrency-themed J-Pop group

We’ve come a long way from Scary Spice, Sporty Spice, Ginger Spice, Baby Spice and Posh Spice, it’s fair to say. Japanese pop group Kasotsuka Shojo have been getting a wave of coverage in the west for being the first...
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Messaging app Telegram goes blockchain with own cryptocurrency

Telegram has become the second major messaging app (after Kik) to explore blockchain technology, including its own cryptocurrency. TechCrunch reports that the company is planning to launch the ‘Telegram Open Network’,...
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Valyou X wants to create a blockchain-based stock market for music

The idea of fans investing in music rights is enjoying a flurry of attention in 2017, and blockchain startups are all the rage. It was only a matter of time before startups started putting the two concepts together. One...
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Sandbox Issue 191: Ad ons

Lead: With so much music now being ostensibly free at the point of consumption, advertising is expected to do a lot of the heavy lifting for the digital content industries. As such, the nature and forms of advertising have...