Article: Audius Brings NFT Galleries to EDM-Heavy Streaming Service

Blockchain, Crypto, Web 3.0

Audius Brings NFT Galleries to EDM-Heavy Streaming Service - CoinDeskAudius Brings NFT Galleries to EDM-Heavy Streaming Service

Audius, a decentralized music streaming service with big user numbers for a Web 3.0 project, has launched a non-fungible token (NFT) showcase feature for its resident artists.

Disclosed to CoinDesk Thursday, the new feature lets artists showcase their NFT merch in a consolidated gallery, making it easy for diehard fans to peruse. The move comes at a time when acts like Kings of Leon and others are rolling out increasingly lavish collectibles for their superfans and the crypto-rich.

To enable the gallery, a user on the site has to stake 100 of the project’s native AUDIO tokens.

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Article: Web3 As An Interdependent Economy: A Conversation With Mat Dryhurst

Web 3.0

Web3 As An Interdependent Economy: A Conversation With Mat Dryhurst

“I got involved in culture through a desire to see new ideas, or configurations of activity, stress tested in the world. So while I’m cautious about the majority of activity in the blockchain space, in my mind there is only one space currently showing a serious commitment to democratically governed user owned protocols, fair payment for digital labor, data unions and revaluing the arts, and that is the Web 3 space. So I will continue to try to contribute my thoughts and efforts.” – Mat

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Article: Can NFTs Change How We Value Music?

Crypto

Can NFTs Change How We Value Music?

NFTs are everywhere right now, from the NBA to Taco Bell, and artists like Grimes, Yaeji, and Toro Y Moi have been testing the waters. Grimes sold a collection of visual art for over $6 million; 3LAU, an EDM musician, made $11 million by selling an album as 33 individual NFTs; and Mike Shinoda of Linkin Park has sold several multimedia pieces through the NFT marketplace Zora. The website XLR8R announced a dedicated marketplace for music NFTs earlier this week, and there’s a burgeoning cottage industry of NFT auction houses looking to bring these collectibles to the masses.

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