Researchers at Korea College in Seoul carried out interviews with 16 Korean musical artists to gauge sentiments towards the use circumstances for blockchain within the music trade.
The examine, published in a subsidiary of Nature, reported combined outcomes: The artists considered blockchain as a attainable new route for income technology however doubted blockchain-enabled purposes would grow to be actuality.
Interviewees believed that blockchain purposes for the music trade may higher their monetary prospects and assist shield copyright. Skepticism stemmed from a common perception that blockchain music startups would lack the heft to unseat the present behemoths within the music trade.
The music trade has grow to be a preferred goal for these constructing in Web3, although startups have but to make a considerable dent in the established order.
Warner Music Group-backed MITH is constructing a Web3 social engagement platform for musical artists. Rapper Jack Harlow leveraged MITH partly for ticketing on his latest tour after partnering with the platform.
In the same vein, Modhaus raised $8 million in a Sequence A spherical for its Ok-pop fan engagement platform.
LimeWire, the early 2000s file-sharing web site, lately launched a blockchain-enabled AI Music Studio.
Former Cointelegraph CEO launches Web3 advertising and marketing company
Jay Cassano, former chief govt of crypto media firm Cointelegraph, launched his personal Web3 advertising and marketing company.
The agency, 4Labs Digital, will function a Web3-focused spinoff from Wachsman, a preferred crypto press relations agency the place Cassano was most lately chief development officer. 4Labs has 24 workers, according to a press launch, and can supply digital advertising and marketing companies.
Cassano was editor-in-chief of Cointelegraph from October 2019 to September 2020. He then served as the corporate’s CEO till 2022.
“I’ve had the possibility to work with a ton of great individuals and galvanizing corporations in Web3 over the previous six years of my profession. At 4Labs, I’ll be capable to synthesize all that I’ve realized in regards to the trade and find out how to serve it by way of storytelling and advertising and marketing,” Cassano wrote in a LinkedIn announcement in regards to the new agency.
One fascinating stat:
- An Ordinal inscription fetched 2.36 bitcoin, value $95,250 on the time, on blue-chip artwork market Sotheby’s.
Additionally of word:
- Amazon MGM studios is reportedly growing a film titled “Razzlekhan,” to inform the story of the couple who stole billions of dollars from crypto exchange Bitfinex earlier than being arrested in 2022.
- Web3 cell gaming studio Countless Clouds revealed a partnership with gaming layer-2 Immutable. Two of the studio’s video games will debut solely on Immutable zkEVM this yr, Immutable stated.
- NFT platform Droppp released Harry Potter Funko NFTs.
Don’t miss the subsequent massive story – be part of our free daily newsletter.