Snoop Dogg’s first NFT collaboration with digital multimedia artist Coldie, “Decentralized Dogg,” was minted Monday on SuperRare.
Music is a compilation of sounds created to form a pleasurable audible experience. Entities have applied blockchain technology to a growing number of areas, and the music industry is no exception. With the help of blockchain, many processes can be improved, including music streaming, monetization and more. Blockchain technology can replace reliance on middlemen in the music scene in a number of ways, as well as help track ownership of rights. Some projects have built music solutions on Ethereum’s blockchain, although “Ether music” is not an especially befitting title in any sense.
Bitcoin (BTC) and other cryptocurrencies also serve as payment avenues. Using Bitcoin for music purchases can add convenience and versatility to the blockchain music industry and the music sector as a whole, depending on the involved parties.
Goodbye Spotify, music nonfungible tokens have arrived: Reimagining the music streaming model in the Web 3.0 era.22595
New “embedded” functionality aims to improve fan engagement for musicians through NFT adoption and Web 3.0 integrations.11256
Main investors include VC giant Andreessen Horowitz, in addition to musical artists The Chainsmokers, Nas and Disclosure.6634
Rapper Post Malone bought two Bored Ape Yacht Club NFTs for a combined 160 ETH via a new crypto fintech startup MoonPay.7534
OPUL price climbs the crypto charts after the successful launch of its first security-NFT sale and its wide-ranging cross-chain capabilities that aim to usher tokenization into the music industry.22180
Microsoft's head of gaming Phil Spencer said he is cautious about integrating NFTs with the Xbox Store.5935
The digital metaverse band KINGSHIP will include four cartoon members from the Bored Ape Yacht Club NFT collection, and share the same manager as Snoop Dogg.5990
The Grammy Awards will be accompanied by exclusive NFT drops for the foreseeable future.2330
The next few years are likely to be very interesting, as the nonfungible token market opens digital collectibles for fans and investors.14769
The confluence of creative minds: What an upgradable NFT is and how it will change our perception of blockchain technology.6788
Nonfungible tokens will become a critical component of all brands’ marketing and digital strategy initiatives — and even more.19852
One project claims to be bringing together "streaming, VR, metaverses and NFTs" into one platform for music fan engagement and some degree of control.5705
The NFL has official confirmed its partnership with Dapper Labs to drop NFTs, renowned DJ Paul Oakenfold is dropping a tokenized album on Cardano, DC is giving away free comic book cover NFTs.8061
Increased use of cross-chain bridges and sizeable investments from a variety of venture capital firms are boosting the price of AVAX, CELR and AUDIO.8087