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Top News In க்ரைம்ஸ் பறக்கும் ஆய்வகம் அருங்காட்சியகம் Today - Breaking & Trending Today

Why Are NFTs Suddenly Taking Over the Music Industry?

Why Are NFTs Suddenly Taking Over the Music Industry?
After 10 years of the nihilism brought on by Spotify, I ll entertain any conversation that at least posits itself on bringing value to artworks, says Jacques Greene
Illustration: Shingo Shimizu (shingo.ca)
Published Mar 11, 2021
Any music fans overwhelmed by the sudden news onslaught about non-fungible tokens (NFTs), and the dense techno-babble therein, may not expect to find clarity from 90s star Raine Maida of all people. Yet, the famed Our Lady Peace vocalist is gaining fresh attention as a Chief Product Officer for S!NG, an app designed to help musicians easily create NFTs of their art. What s more: that app s users can skip the prior required crypto know-how and begin using those unique digital tokens (hence the non-fungible in their name) that allow for ownership within blockchain technology (i.e., an online ledger that can t be modified or hacked). ....

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Music NFTs Have Gone Mainstream. Who's In?

Music NFTs Have Gone Mainstream. Who s In?
Music NFTs Have Gone Mainstream. Who s In?
Shawn Mendes, Grimes, and Tory Lanez are just a few celebrities who ve jumped aboard the crypto train to release exclusive digital goods - turning the Internet into a futuristic, fine-art auction house on crack
Samantha Hissong, provided by
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Last week,
Rolling Stone that the band has already grossed more than $2 million in sales, with $600,000 of that going to Crew Nation. While Kings weren’t the first musicians to ever distribute work this way, their high-profile project brought in a slew of curious fans and spotlighted a burgeoning tech trend that was until recently flying under the radar as a fringe craze. ....

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Twitter CEO Jack Dorsey to donate $2.5 million from his tweet auction to charity

Twitter CEO Jack Dorsey to donate $2.5 million from his tweet auction to charity
IANSMar 10, 2021, 11:12 IST
TOI
Twitter CEO and billionaire
Jack Dorsey who last week announced to sell his very first tweet of March 6, 2006, has said that he will donate the money in
Bitcoins to charity.
NFT (non-fungible token) on a platform called
Valuables, is currently $2.5 million and there auction will end on March 21.
Ending this March 21st. Will immediately convert proceeds to #Bitcoin. And send to @GiveDirectly Africa Response, Dorsey said in a tweet late on Tuesday.
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NFT is a digital good on the Ethereum blockchain.
The very first tweet by Dorsey on March 6, 2006 read: just setting up my twttr . ....

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How I Sold a Tweet About My Cat as an NFT for $50

Screenshot: Gizmodo/Twitter
Meet Larry, a very good boy, forthcoming addition to the McKay household, and possibly the subject of one of the first-ever cat tweets to live on for eternity in the Ethereum blockchain.
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Larry’s blockchain adventure comes through no fault of his own (quite the opposite, actually). This weekend, we finalized arrangements to adopt Larry, and I was so excited I tweeted some of his shelter-provided photos; Larry is so photogenic and got 1,500 likes. He also attracted the attention of Twitter user @FatRaccoon, who offered to buy the rights to my tweet for $50 in Etherium’s cryptocurrency, ether, via a process I’m still not completely clear on, but involves a unique cryptocurrency tech called a non-fungible token (NFT). ....

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Elon Musk shared a rare family photo in the town where he's planning to build a new city

Plus a complete timeline of their relationship ....

Elon Musk , Grimes And Elon ,