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Whilst web3 is a new concept in the music and entertainment industry, and it has yet to topple the existing power structures, the potential to do so is undeniable. Exploring how Web3 technologies such as NFTs and blockchain have the potential to disrupt the music royalties industry.
28 sie 2021 · In the context of a music industry that favors large corporate stakeholders, a technology that has the potential to empower smaller artists, redefine the value of music, and provide creative and monetary autonomy to all creators is incredibly exciting.
18 kwi 2022 · New music tools and platforms are popping up on blockchains, like NFTs, music software, Metaverse gatherings, and decentralized streaming platforms. With them, a new type of musician is coming into focus. One exploring novel creative technologies and more equitable revenue streams—on their own terms.
15 maj 2023 · Blockchain to specjalny rodzaj bazy danych, zwany również zdecentralizowaną księgą cyfrową, którą utrzymuje wiele komputerów rozproszonych po całym świecie. Dane w sieci blockchain są zorganizowane w bloki, które są uporządkowane chronologicznie i zabezpieczone kryptograficznie.
11 kwi 2022 · Cutting-edge protocols for NFTs, fractional ownership, smart contracts, and real-time on-chain settlement of royalties make blockchain and the music industry a natural pairing.
27 sie 2021 · The solution could be in integrating blockchain in the music industry. Blockchain-based streaming platforms can completely prevent this, however. Musicians and artists can now tokenise their work, meaning that files are bound digitally to their owner and can not be copied without their consent.
20 maj 2021 · Digital art sales 'frenzy' driven by blockchain. Fans buy NFTs through crypto-currency - online money that includes a record of who owns what, stored on a shared ledger known as the blockchain....
