Tag: cryptocurrency

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Music NFTs roundup: Coachella, KlubCoin, Gala Music…

You don't *have* to sell music NFTs: you can give them away to fans if you want. That's what the Coachella festival is doing.
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Report: NFT sales in 2021 totalled over $26.9 billion worth of cryptocurrency

Chainalysis, a company that analyses blockchain technology and provides data to banks and governments, has launched a detailed NFT market report, with some useful insights into the space.
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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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UnitedMasters can now pay artists in… cryptocurrency?

It’s usually the domain of blockchain startups, with the twist usually being that there’s no immediate way for the artists to convert that cryptocurrency into ‘fiat’ cash.
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Solana Foundation and Audius launch blockchain fund for artists

Three companies in the crypto/blockchain space are teaming up to launch a $5m fund for "builders, musicians, and other artists" who want to experiment with this technology.
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Chapel Presents to test decentralised finance for concerts

2021 continues to spring surprises on us: ‘Llanwrtyd Wells to revolutionise the music industry’ wasn’t a headline we saw coming, nor did we have ‘the drummer from Kasabian’ in our predictions...
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India update: Ritviz Reels premieres and NFTs growth

The serialised album release is increasingly being used by recording artists across the world as a way to ensure each track gets the attention they believe it deserves in the playlist-focused streaming era. Indian electronic...
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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...
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Facebook’s Libra cryptocurrency could launch in January

In mid-2019, Facebook announced plans to launch its own cryptocurrency: Libra. It’s had a bumpy ride towards launch since, including some of the payment companies who were partners backing out before the end of that...
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Akon presses ahead with his own crypto city in Senegal

In June 2018, artist Akon talked about his ambitions to build a brand new city in Senegal, powered by his own cryptocurrency, Akoin. At the height of blockchain fever, you’d have been forgiven for thinking the project...
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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...