Metaverse events at ancient and historical sites could soon shape up to be an alternate future for tourism. Owners of physical castles and villas who have drafted up augmented reality blueprints of their properties think their ambitious plans to attract visitors in the metaverse will work, as virtual events can help them pay the hefty maintenance bills for their aging properties and also offer a chance to change historical narratives. The metaverse tourism model was expedited by downturns in tourism brought about by COVID-19, but the industry may have already been heading that way. Currently, major metaverse platforms are clunky, difficult to use and waiting for more “real estate” development, but firms are concentrating on what could be. Brands seem to be entering the metaverse en m...
Since their explosion last year, nonfungible tokens (NFTs) have shown their appeal to collectors, investors and traders alike. They have especially gained attention in the art world, where an item’s provenance is everything, and owning the official, unique version of an item is much more valuable than a copy or duplicate. Some have postulated that artists creating and storing pieces on-chain can use the technology as proof of ownership for popular art forms. Among the various artforms to take advantage of NFTs, photography has also found its place, but what is the immediate value it brings for artists and consumers? Indeed, as a nascent, quickly developing technology, NFTs are not without limitations. Related: What is crypto art, and how does it work? Most participants began getting acquai...
It appears that crypto enthusiasts worldwide are rallying in support of Ukrainians during the difficult times. According to reports, Bitcoin (BTC) donations to Come Back Alive, a non-governmental organization helping Ukraine’s military efforts, received $3 million in BTC in a single donation on Friday. Users also took to social media to ask the country’s Ministry of Defense to accept crypto donations, such as Tether (USDT). At the same time, the founder of Ukraine’s Kuna exchange created a crypto fund to assist charities in the country. Everyone! Thank you for all the support and donations! The current plan is separated into 3 parts to involve as many as possible 1) direct donations (aimed at individuals)2) NFT Auction (via telegram & Opensea) 3) Project %...
Nigerian record producer, Rexxie has revealed the list of artists in his forth coming album dubbed “A True Champion”. The ace music producer who has released a couple of songs this season and has also been featured in a lot of songs revealed this via his Instagram handle. In the post, the album will dropping on the 28th of June 2021, and will featured a star-studded list of artists which includes Naira Marley, Davido, Sarkordie, Bella Shmurda, Ms Banks, Zlatan, Peruzzi, Bad Boy Timz, Lyta, Zinoleesky, Teni, Buju, Emo Grae, Kida Kudz, Mohbad, T-classic, Asake, Oxlade, Midas the Jagaban, Moelogo, Blanche Billy, and Seyi Vibez. He had also dropped a snippet of a banger with Davido which is to be released on the 25th of June prior to the album release. See his post below. You Deserve to Make M...
Engadget Apple Music’s payment rate for artists and labels is fundamentally a penny per stream, according to a letter from the company posted on its artist dashboard and first reported by the Wall Street Journal. That payment rate is higher than Spotify, which has a confusing variable rate scheme that basically tops out at a half-penny per stream. Announcing a penny-per-stream rate is a nice PR win for Apple Music, since it is 1. very simple and 2. Spotify hates talking about its per-stream payments, which the company insists are a misleading figure. Seriously, it just launched an entire website called Loud&Clear last month designed to help artists and fans understand how payments work, and a good chunk of it is devoted to explaining why per-stream rates are not the right thing to focu...