The music industry has not shied away from its keenness on adopting Web3 solutions. From nonfungible tokens (NFTs) helping artists connect with their communities to blockchain being used for various use cases including event ticketing. Another relevant implementation of the technology to be considered by industry insiders is how Web3 tools can help artists and companies manage music metadata. Cointelegraph spoke with Con Raso, the managing director of B2B music streaming technology provider Tuned Global, to better understand this use case. In the current Web2 music industry, numerous organizations are dedicated to the management of music metadata, along with its licensing. Though with Web3 developments like NFTs, which can identify each individual usage via blockchain, data management ques...
Photographer Jamen Percy wants to help you capture the magical moments of Black Rock City. Percy, a member of the Burning Man Documentation Team, has released a collection of free, downloadable wallpapers featuring stunning photography from the 2022 Burn. He says the collection, which features 50 images, is a “gift to the Burner community.” Gifting is one of the 10 Principles of Burning Man, a list of guidelines developed in 2004 by the event’s co-founder, Larry Harvey, that reflect “the community’s ethos and culture.” Percy’s images feature aerial views of the Black Rock City metropolis, the Temple and the Man, as well as the various intricate art installations, structures and mutant vehicles of Burning Man. Some of his photos even use the iPhone...
Nonfungible tokens (NFTs) continue to be a dominant force within the Web3 space for increasing innovation and adoption. As the space continues to push its way into mainstream adoption will reach new demographics, including minors. Recently big name entertainment companies such as Disney, which is highly catered to children, have expanded to include crypto-savvy team members and created partnerships with the Polygon blockchain network. Such developments hint at an impending entrance into the world of Web3, however if Web3 content is to be created for minors big questions arise such as how does an NFT become kid-friendly? Or, how does true ownership work when minors are involved? Cointelegraph spoke with Jeremy Fisher, artist and founder of Lucky Ducky, a family friendly NFT collection ...
There’s a new line of custom kicks stomping through the rave generation. Maddison Brady of UFOCUSTOMRAVE turns plain, ordinary Vans shoes into vibrant canvases inspired by electronic dance music, with each pair of sneakers rooted in the imagery of the world’s top DJs and producers. Prior designs have featured everything from the shimmering T-Rex and firebird pairing featured on Excision and ILLENIUM’s cover art for “Gold” to the crazy-eyed cyclops prominently featured by Subtronics. According to the brand’s website, the custom orders are created using acrylic paint and then sealed for protection. Shuffle at a festival, wear them on a night out or simply take a walk knowing there’s a layer of preservation to keep the origina...
Nonfungible tokens (NFTs) are stepping into the next wave of Web3 with utility capabilities and community building at the forefront. A new collection from the Mint NFT marketplace and metaverse entertainment platform Animal Concerts does this across the musical genre spectrum, as well as blockchain networks. The collection, “A Hard Working Man,” features the crypto-savvy hip-hop star Snoop Dogg in combination with country music icons Billy Ray Cyrus and the Avila Brothers. The collection features highlight physi-digital experiences with digital artwork, as well as in-person concert perks. Unbothered, building, and trudging through the NFT bear market like: pic.twitter.com/nPNLNswYG8 — A Hard Working Man NFT Collection (@AHWM_NFT) October 29, 2022 Colin Fitzpatrick, the founder and CE...
Museums, individuals and metaverse initiatives have used nonfungible tokens (NFTs) as a new means for reinventing themselves before their fans. The family of Frida Kahlo unveiled never-before-seen art and personal artifacts of the artist at an exclusive event on the Decentraland metaversplatform for its art week in August. In Belgium, the Royal Museum of Fine Arts Antwerp became the first European museum to tokenize a classic art masterpiece worth millions of euros. The Kharkiv Art Museum in Ukraine launched a new NFT collection with Binance to preserve their cultural heritage and raise funds amid the ongoing regional conflict. However, as everything becomes tokenized, questions arise. Will museums in the future just be giant NFT galleries with every piece of art having a digital...
Nonfungible tokens (NFTs) leave almost no part of the physical world untouched. From museums and major fashion brands like Gucci adopting the technology to digital items to musicians breaking archaic song rights distribution methods. Now even television, or in a streaming era — scheduled programming, is taking on NFTs as a means of crowdfunding programs. NFTV is streaming crypto-themed content but using NFTs as the backbone to crowdfund shows while providing viewers with some say in what’s on deck. Each program has a set of related NFTs, which give creators the reins of their projects, rather than giant media houses, while holders have the chance to contribute content. Greg Cipes, co-creator of NFTV, spoke with Cointelegraph to discuss the fine line between content democratization and an a...
As the Web3 world has largely promoted transparency and openness with code, NFT creators and teams are also opting for the same with art. However, that is just the beginning of the journey, and these nonfungible token creators and communities must realize that. CC0 can sometimes be portrayed as a logical conclusion where the NFT creators hand over the process of building on their creation to their community and beyond. Some NFT collections have had several derivative projects promoting the culture of the NFT almost as brand extensions. However, declaring a project as CC0 is just the beginning. NFT project teams and creators who take the CC0 route must actively promote the use of the brand and onboard other creators and projects to build brand extensions to their NFT collections. ...
There’s nothing that blurs the line between frightening and fascinating quite like artificial intelligence. And since artificial intelligence and electronic music are becoming more symbiotic by the day, the staff here at EDM.com wanted to see just how far it could go in a visual sense. So we came up with bizarre descriptions of artists and fed them through A.I. art generators. Some images are photorealistic. Others are fancifully distorted. And the majority of them are flat-out creepy. But we digress. Read on to see our weird and wonderful creations. TOKiMONSTA “TOKiMONSTA DJing in a neon sky arcade with golden canaries” by Jason Heffler. Jason Heffler REZZ “REZZ DJ as painted by Salvador Dalí” by Nick Yopko. Nick Yopko Flume R...
This year’s 64th Latin Grammy Awards will have its first-ever nonfungible token (NFT) collection after the Latin Recording Academy signed a three-year contract for award show-related NFTs. The aforementioned partnership is between the Latin Recording Academy, which is behind the Latin Grammys, and OneOf, a Web3 music platform. Each collection, which will lead up to that year’s award show, will include drops highlighting Latin music. According to Manuel Abud, the CEO of the Latin Recording Academy, this is a new form of musical innovation and a way for fans to “own a piece of the Latin GRAMMYs:” “The Latin Recording Academy is committed to exploring innovative, new ways to celebrate excellence in Latin music and to connect music to other art forms in our culture, including visual and digita...
As one of the oldest entertainment industries in existence, the music business has experienced many technological advances that enhanced widespread adoption. The digitalization of music meant that artists could reach any audience across the world, and digital distribution gifted people with unlimited access to music. With these advances in distribution came some drawbacks in music monetization. The way musicians make money in a digital format has reduced margins from media or video revenue. Artists have been pushed back to generating revenue from offline endeavors like concerts and selling merchandise as the online landscape has been filled with intermediaries that take a piece of the pie. “Web3 and existing platforms help us build a new chapter of the music industry.” Takayuki Suzuk...