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Competition is an issue, as leading DSPs have built “economic moats” around their businesses by offering large music offerings through record labels and by leveraging personal data to improve the user experience, the note said. Smaller DSPs, such as Audius, are faced with a “Catch-22 scenario,” as user adoption is
Read MoreThe sophisticated exploit involved attackers passing a malicious governance proposal by exploiting smart contracts. Original Source
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Audius, a platform serving seven million listeners and 250,000 artists, caters to artists who want to share their most exclusive content for their biggest fans on the blockchain. Now, it’s taking the platform it has grown since 2018 in the direction of creator monetization to support artists in new ways,
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While critics use the bear market as an opportunity to pounce on crypto and belittle its value, some projects take this chance to develop and launch industry-disrupting platforms on the blockchain. In July, firms launched or revealed their intentions to construct blockchain-based music licensing platforms that aim to change the way
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According to Mike Darlington, the CEO of Monstercat, an electronic music platform, and Jake Udell, the founder of social NFT platform Metalink, bear markets are a time to ideate and build new products. During this week's episode of NFT Steez, a bi-weekly Twitter Space hosted by Cryptox analysts, both Darlington
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The billion-dollar music industry is undergoing a major transition as artists begin to understand the potential of owning their work through nonfungible tokens (NFTs). Ashanti, the multi-platinum-selling singer, actress and co-founder of EQ Exchange — a women-led Web3 platform — recently shed light on this during a Cotton Candy Records
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It was only a year and a half ago that there appeared to be bad feelings between Snoop Dogg and Eminem, both of whom are Dr. Dre's proteges. Now, the legendary rappers have a new music video where they are featured as Bored Apes.Eminem tweeted on June 24 that a new
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“Only the strong survive at this point," three-time Grammy-nominated rapper French Montana said about the future of NFTs on CoinDesk TV’s “First Mover” program. Original Source
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End the Creator Summit on a hopeful but cautionary note with "Building a Better Future," back on the Main Stage from 4:35 p.m. to 5:15 p.m. Turning the promise of Web 3 into a reality means we must consciously avoid replicating the old system on new rails. Join Parker Jay-Pachirat,
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Artist collaborations will play a key role in the future of NFT development. For example, Entertainment Asset Pte, Ltd, or DEA, is working with INIMI to launch a digital idol project. In addition, working with a music artist collective will lead to a limited set of music NFTs, ushering in
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