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BLOCKCHAIN IN MUSIC

January 20, 2021 By Blake Leave a Comment

blockchain-image-tall

How much do you think artists earn off Spotify, Pandora, Apple Music and the like?


  1. Spotify
    1 Million streams –> $7,ooo; After splitting proceeds with crew members, producers and the like, the artist typically earns $2,100
  2. Pandora
    Even lower at $1,650 per million streams.

 MediaChain is a peer-to-peer, blockchain database for sharing information across different applications and organizations.

Music application: In addition to organizing open-source information by issuing unique identifiers for each piece of information, MediaChain also works with artists to ensure they are paid fairly. The company issues smart contracts with musicians that directly state their royalty stipulations without the hassle of confusing third parties or contingencies.

Real-life use case: Music giant Spotify acquired MediaChain in 2017 to help solve royalty payment and rights holders issues within the music industry. source

Blockchain: Making Value a commodity.

Blockchain is solving some of the major problems currently plaguing the music industry. With blockchain, musicians are able to receive equitable royalty payments, venues are able to curb counterfeit tickets and record companies can easily trace music streams and instantly pay all artists who contributed to songs or albums.

Open Music Initiative

Comprised of 200 members, the Open Music Initiative (OMI) is a nonprofit calling for open source protocol in the music industry.

Music application: The Open Music Initiative is exploring the use of blockchain to help identify the rightful music rights holders and originators so they can receive fair royalty payments. The Initiative believes that blockchain can bring transparency and deeper data insights, which can help artists get fairly paid. They count Soundcloud, Red Bull Media and Netflix as just a few of their members.

Real-life use case: Sony, YouTube, and Spotify have also joined OMI to modernize and streamline royalty payment mechanisms. 

Viberate

Viberate is currently the world’s largest live music database, featuring more than 460,000 artists, 5,000 music festivals and 500,000 global music events.

Music application: Want to know which artist, event or venue is trending? Check out Viberate’s curated profiles that highlight an artist’s upcoming shows, social media engagement and music videos. Viberate uses blockchain to manage millions of crowdsourced data points, with real-time rankings and profiles. It rewards community participants with VIB tokens, which the company views as a go-to digital currency in the music industry.

Real-life use case: The Chainsmokers and Showtek are just a couple of the artists that have already claimed their Viberate profiles in order to better engage with fans.

Smackathon

 Smackathon is a competition for business ideas that focuses on using decentralized blockchain in music.

Music application: Created by Mr. Worldwide himself, Pitbull, the annual competition has seen blockchain-based ideas like decentralized streaming services, platforms that pay a listener for every second they listen to a song and fan engagement tools. The idea of the competition is to embrace a wider music fan base and ensure that artists are being treated fairly.

Real-life use case: The winner of the 2018 Smackathon was the crowdfunding platform HyperValence, which uses Proof-of-Fandom (PoF) that enables fans to support up-and-coming artists by purchasing digital collectibles.

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Filed Under: Uncategorized

Free Bitcoin Bonuses & Other Cryptocurrency Promotions, January 2021

January 20, 2021 By Blake Leave a Comment

Free Bitcoin Bonuses & Other Cryptocurrency Promotions, January 2021

There’s never a better time than now to get your feet wet by entering the cryptocurrency market. This list of bonuses in free crypto is actually quite exhausting.

If you can’t find something you like on this list, well… Don’t say we didn’t try to tell you.


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We stake our time by providing quality services that deliver value to our customers. Contact us to schedule a complimentary consultation.

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Filed Under: Blockchain

Do You Like Free Money?

January 19, 2021 By Blake Leave a Comment

A better way to surf the web.

Take back what’s yours.

In case you’ve been under a rock, there’s an OLD technology making NEW waves across the globe. Blockchain (great primer) is here to stay.

Brave is the new model for internet browsers. From their website:

We all know what’s wrong.

As a user, access to your web activity and data is sold to the highest bidder. Internet giants grow rich, while publishers go out of business. And the entire system is rife with ad fraud.

BRAVE REWARDS

Earn frequent flier-like tokens just for browsing

Turn on Brave Rewards to earn frequent flier-like tokens for viewing privacy-respecting ads. You can set the number of ads you see per hour. Currently you can support your favorite web creators with your tokens, but soon you’ll be able to spend tokens on premium content, gift cards, and more.

Learn More abour Brave Rewards

Learn More about Brave Rewards


More Details.

SECURITY

BRAVE SHIELDS FOR PRIVACY

Block data-grabbing ads and trackers

The vast bulk of websites and ads include software that tries to identify you. They want to track your every move across the web. Brave blocks all this, allowing you to browse freely.

Learn more about Brave Shields 

SPEED

BROWSE AT WARP SPEED

Blocking harmful ads and trackers means a faster Internet

Brave loads major news sites up to six times faster than Chrome, Safari and Firefox on mobile and desktop.

Get the browser now

PRIVACY

REAL PRIVACY

Browse much more privately with Tor*

Other browsers claim to have a “private mode,” but this only hides your history from others using your browser. Brave lets you use Tor right in a tab. Tor not only hides your history, it masks your location from the sites you visit by routing your browsing through several servers before it reaches your destination. These connections are encrypted to increase anonymity.

*Available on desktop, coming soon to mobile.

Learn more about Private Browsing

SHARE YOUR LOVE

A BETTER DEAL

Tip and contribute to websites directly through Brave Rewards

Today, you can donate tokens to your favorite websites. Coming soon, some creator sites will feature Brave Ads, which helps them earn more ad revenue than existing ad models.

Contribute to 300000+ creators on Brave Rewards

Learn more about Brave Rewards


Blockchain & BAT: A Utility Token

From Coin Rivet:

The Brave browser is blockchain-friendly because of its use of the ‘Basic Attention Token’ (BAT).

BAT is the token awarded to users for giving up their time to watch publishers’ advertisements. BAT is based on the Ethereum blockchain.

The browser itself measures user activity and rewards them based on the amount of attention paid to the advertisements they watch.

When using Brave, users will be able to see their BAT balance and their attention percentage, and they will also be given the option to send tips using BAT.

On the publisher’s side of things, providing they have linked a working Ethereum wallet, any tips they receive will be directly sent to the wallet address.

This is a process that heavily relies on blockchain, as with all crypto transactions. Blockchain technology is a type of ‘distributed ledger technology’ (DLT), which in essence means it is an immutable public ledger.

You Can Invest in BAT

I’m impulsive, I admit, but there’s not too much to think about here:

Once you find out that this exists, will you use it? I’m not saying you’re going to get rich using this browser, but I am saying I would much rather NOT be giving my stuff to Google.

I just purchased $100 of it on Uphold. It’s up 23% this month and still only .29 a token.

More to come…

Filed Under: Blockchain

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