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Hip hop music in the 1980s was like the past decade in crypto. On the rise. Understood by few. Regional to mainly New York. Dismissed as a fad.Pavel Bains is the CEO of Bluzelle. This article is part of Culture Week, which explores how crypto is changing media and entertainment.Then,
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And yet with all that in mind there are many still in the mainstream media who sneer at crypto. This is, in part, what led me to co-found DeCential. Like most of the skeptics, the press had gone on its merry way when prices fell and its bias seemed confirmed,
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You can measure cryptocurrency’s impact in money terms, and that’s certainly impressive.With a market cap of $2.2 trillion, crypto is now an asset class to be reckoned with.But you can also see the industry’s influence in more qualitative ways. 2021 was the year crypto became a mainstream cultural phenomenon as
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In the crypto community, it’s a no-brainer that this digital paper trail amounts to a new form of “real” ownership. But if we accept that idea, we accept that the logic of digital markets will come to infiltrate the way we already live our lives online. Using the so-called “platform
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It’s no surprise that nonfungible tokens (NFT) have been dominating the crypto market this year. The booming digital asset class generated over $2.5 billion in sales within the first six months of 2021, demonstrating unheard-of financial gains for artists, brands and content creators across the globe. The rise of metaverses has
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Yat Siu, the co-founder and chairman of NFT game developer Animoca Brands, believes nonfungible tokens offer a new way for culture to be stored in the virtual sphere.In an interview with Cryptox, Siu argued that while the technology underpinning NFTs may be new, the desire to “store culture” has long
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The sketch from Saturday Night Live represents characters like US Treasury Secretary and a funny rap about NFT tokens.With the latest craze around non-fungible tokens, Saturday Night Live did a skit about NFTs featuring US Treasury Secretary Janet Yellen. During the last night SNL shows, comedian Kate McKinnon portrayed Yellen
Read MoreHaving left the EU, the Secretary of State for the Department for Digital, Culture, Media and Sport now holds powers to make
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Grammy-winning recording artist RAC explores the business of music and how crypto experiments could shift the balance of power.Today’s Breakdown is a conversation with Andre Anjos – aka RAC, a Grammy Award-winning recording artist and music entrepreneur.Starting the “Remix Artist Collective” as a businessEvolving from remixing to performing artistThe challenges
Read MoreAfter adjustments to company policies, popular U.S.-based crypto exchange Coinbase has seen backlash from employees who disagreed with the changes. Coinbase received national attention for a recent change to its policies, which required employees to avoid political and social distractions, and instead focus on its core mission of building "an open
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