Exclusive: How is Blockchain Disrupting the Music Industry Globally?

With the widespread of blockchain technology used in different industries in the past decade, Sean Jong from K-Tune in Korea explains how blockchain can address the current pain points in the traditional music industry. He also explains the role of blockchain in royalty distribution and copyright infringement! What are the pain points in the music … Continue reading Exclusive: How is Blockchain Disrupting the Music Industry Globally?

Leading Musicians Continue to Fight with Blockchain in Battle Against Piracy

In recent years, studies have shown that there has been a sharp decline in album sales net revenue due to online piracy and illegal creation or sharing of property righted materials. In 2007 it was reported that 12.5 billion USD worth of losses were recorded. This includes revenue to the artist, income loss amounting to … Continue reading Leading Musicians Continue to Fight with Blockchain in Battle Against Piracy

Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens

Mystic Valley music festival, a three-day event that ranks as one of Thailand’s biggest music festivals is set from November 27 to November 29 with a major difference, the overhaul in its payment system with the integration of its native MYST token. According to the official announcement, the music festival will be accepting payment for … Continue reading Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens

Decentralized Streaming Music Service Audius Partners with TikTok to Share Sounds for Artists

The global video streaming platform TikTok and the encrypted music streaming platform Audius have developed a new feature called “TikTok Sounds” to support users to share sounds to the TikTok platform through Audius. Audius official Twitter releases a demo guideline footage to the public. This new feature simplifies the current music upload and selection process of TikTok.  Audius … Continue reading Decentralized Streaming Music Service Audius Partners with TikTok to Share Sounds for Artists

DJ 3LAU Establishes NFT Music Investment Platform Royal by Obtaining $16M in Seed Funding

American DJ and electronic dance music producer Justin Blau, also known as 3LAU, established the blockchain music investment company Royal, supported by a $16 million seed round led by cryptocurrency investment company Paradigm and Peter Thiel‘s Founders Fund. The Royal blockchain music NFT investment platform was founded by 3LAU and his university friend JD Ross. It aims to … Continue reading DJ 3LAU Establishes NFT Music Investment Platform Royal by Obtaining $16M in Seed Funding

Taiwan Musician Jay Chou Enters the Metaverse NFT Market, Earning Nearly $10M

Following the NBA star Stephen Curry, Singaporean singer Lin Junjie and several other celebrities entering the NFT world by either purchasing or collaborating in NFTs, Taiwanese pop singer and musician Jay Chou has also ventured into the meta-universe, earning nearly $10 million. On January 1, Meta universe platform Ezek and Jay Chou’s trendy brand PHANTACi sold … Continue reading Taiwan Musician Jay Chou Enters the Metaverse NFT Market, Earning Nearly $10M

NFT Platform LÜM Cooperates with 25 World-renowned Musicians to Launch the "Access Pass" NFT

U.S.-based music blockchain NFT platform LÜM has announced 25 partnerships with world-renowned musicians to launch the “Access Pass” NFT. These musicians can build their own communities and launch their own access passes on this platform for crowdfunding projects such as releasing new albums. Founded in: 2018, LÜM will introduce blockchain technology and NFTs to an … Continue reading NFT Platform LÜM Cooperates with 25 World-renowned Musicians to Launch the "Access Pass" NFT

John Lennon's Music Memorabilia to be Sold as NFTs

Music lovers, particularly those who met the glory days of The Beatles Rock Band, will understand why the plans to auction some of the memorabilia of John Lennon, one of the prominent faces of the group, as a Non-Fungible Token (NFT) is a game-changer in the world of performance arts. Planned by Julian Lennon, the … Continue reading John Lennon's Music Memorabilia to be Sold as NFTs

Grammy Winner John Legend to Launch Music NFT Platform Called OurSong

12-time Grammy winner John Legend will launch a music NFT platform called OurSong for musicians and entertainers. John Legend will team up with Chris Lin, who runs Taipei-based digital music service KKBOX, Live video broadcasting platform Twitch co-founder Kevin Lin, and venture capital firm Cherubic Ventures, Matt Cheng, to launch a non-fungible token (NFT) that will allow … Continue reading Grammy Winner John Legend to Launch Music NFT Platform Called OurSong

Warner Music Group Partners With Splinterlands, Entering Blockchain Gaming

Popular American entertainment record label company, Warner Music Group (WMG), has announced its partnership with blockchain gaming outfit Splinterlands. It looks to offer its artists more options to showcase their creativity. As contained in a press release shared by the company, the partnership with Splinterlands will enable WMG artists to create and develop unique, play-to-earn … Continue reading Warner Music Group Partners With Splinterlands, Entering Blockchain Gaming

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