Analysis
Web3 social network Zora’s recent airdrop led to a wave of discontent on social media, but creators and builders are convinced that the future of creativity is still onchain.
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Music News
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.
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AI startup Infinite Reality has bought the former music-sharing platform Napster with plans to add a music-focused metaverse to the music-streaming app.
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Martin Shkreli argued that members of the Wu-Tang Clan should participate in a court battle he’s facing over a rare album they produced as they still hold rights to it.
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A new multi-territory licensing agreement between Audius and ICE opens up royalty opportunities for over 330,000 music rights holders.
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SongBits, the platform from Eurythmics’ Dave Stewart, is driving Web3 music forward with live events spotlighting new voices, supporting charity and shaping the industry’s future.
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Music NFTs unlock new revenue streams for artists by combining exclusivity with dynamic and engaging content.
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Prominent artists, including Imogen Heap and Deadmau5, join KOR Protocol in shaking up the music industry, using blockchain to challenge streaming giants and put power back in artists’ hands.
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As creators worry about AI’s impact on their livelihoods, a panel at the WCIT 2024 conference in Yerevan, Armenia, highlighted how humans are still the maestros of creativity.
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Web3 is reshaping the music industry as platforms like Audius enable direct stablecoin payouts, offering artists more control over pricing and fan engagement.
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The fresh capital brings Tune.fm's total funding to $80 million. The funds will be used to reward artists and users within the platform.
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PleasrDAO claims Martin Shkreli hasn’t handed over all existing copies of a one-of-one Wu-Tang album, alleging he publicly boasted about giving copies to “like, 50 different chicks.”
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Martin Shkreli had to forfeit a one-of-a-kind Wu-Tang Clan album in 2018 — now a judge ordered him to surrender any digital copies until a court case is finalized.
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In 2021, PleasrDAO acquired “Once Upon A Time in Shaolin,” a one-of-a-kind musical album by Wu-Tang Clan, for $4.75 million.
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Coolio’s legacy takes on new life in the metaverse with an immersive digital experience featuring a hyper-intelligent AI version of the iconic rapper as “Gangsta’s Paradise” turns 30.
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The official X account for Metallica was hacked, and exploiters posted about a Solana token dubbed METAL.
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