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    • tiktok
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Trending
  • With BTS on Hiatus, Hybe Is Reportedly Raising $380 Million From Investors To Bankroll Global Acquisitions
  • YouTube Music Is Now Making Songs’ Play-Count Information Available to Select Users
  • Federal Prosecutors Move to Garnish R. Kelly Royalties From Universal Music Group, Sony Music Entertainment
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  • How Much Does TikTok Pay You? Unfortunately Not Very Much (Updated for 2023)
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  • How Much Artists Make Per Stream on Spotify, Apple Music, Amazon, YouTube, Pandora, More (Updated for 2022)

Crypto Currency and Blockchain

Unitea platform seed funding round

‘Engage-to-Earn’ Music Platform Unitea Raises $7 Million

Ashley King
May 17, 2023

NFT Music Investment Startup anotherblock Announces $4.4 Million Raise: ‘Enabling Greater Rights Flexibility Is the Future of the Music Industry’

Dylan Smith
May 16, 2023
Limewire Relaunch

Limewire Raises $6.5 Million as Cumulative Financing Tips Past $17 Million

Ashley King
May 14, 2023

Centaurify and Universal Music Group Expand NFT Partnership With Eurovision 2023 Digital Collectibles

Dylan Smith
May 2, 2023

Grimes Offers a 50% Royalty Split on AI-Generated Songs Featuring Her Voice — And Plans to Issue Payments Through Smart Contracts

Dylan Smith
April 24, 2023
 
  1. Home
  2. Music Industry News
  3. Crypto Currency and Blockchain
WSJ says NFT sales are flatlining

NFT Marketplace OpenSea Is In Trouble – Trade Volume Down 99% Since May 1 Peak

Ashley King
September 6, 2022
Photo Credit: Shubham Dhage As musicians rush to be part of the NFT craze, trade volumes on OpenSea have plummeted more than 90%. According to a report from DappRadar, transaction volume on the NFT marketpla... Read More...

Ticketmaster Expands Into Music NFTs With Dapper Labs’ Flow Blockchain: ‘An Entirely New Way For Event Organizers to Enhance Their Fans’ Experiences’

Dylan Smith
September 1, 2022
After spearheading multiple sports-focused non-fungible token initiatives, Live Nation’s Ticketmaster is now working to bolster its NFT presence on the music side. Warner Music-backed NBA Top Shot creator D... Read More...
Kobalt Lyric NFT

Kobalt Jumps Into NFTs with Release of ‘Lyric NFT’ Collection

Ashley King
August 18, 2022
Photo Credit: Kobalt Kobalt says it plans to release a lyric NFT collection called An Electro Revival. Kobalt says its the first global music publisher to release a set of fully licensed direct-to-fan NFTs. ... Read More...

Music-Powered ‘Web3 Lifestyle Platform’ MetaSing Announces $3 Million Raise, Outlines Expansion Into Crowd-Based Entertainment

Dylan Smith
August 15, 2022
Photo Credit: Andrey Metelev MetaSing, which bills itself as “the first decentralized music platform to combine a gaming model with web3 music streaming,” has announced the completion of a $3 million seed rou... Read More...
HitPiece relaunch audible magic

What Major Label Lawsuits? HitPiece Relaunches with Audible Magic Partnership

Ashley King
August 15, 2022
Photo Credit: HitPiece The HitPiece relaunch is here. The music artist NFT platform now has a partnership with Audible Magic. The relaunch comes after HitPiece took its website offline in February amid pendi... Read More...
muse nft album

Muse NFT Album To Be Chart Eligible in the UK

Ashley King
August 7, 2022
Photo Credit: Raph_PH / CC by 2.0 Muse is set to become the first music act with a chart-eligible NFT album. British rock group Muse and Warner Music UK have partnered with eco-friendly web3 music marketplac... Read More...
Meta Instagram NFT support

Meta is Expanding Instagram’s NFT Support to 100 Countries

Ashley King
August 4, 2022
Photo Credit: Instagram Instagram expands NFT support in more than 100 countries with Flow blockchain support and integration with Coinbase and Dapper. Meta CEO Mark Zuckerberg announced that the company is ... Read More...
Shopify Single

Shopify Announces Strategic Investment in Single

Ashley King
August 1, 2022
Photo Credit: Single Shopify announces a strategic investment in music- and creative-focused commerce app Single. The most trusted music and video app for Shopify merchants, Single, recently announced a stra... Read More...

Music NFT Platform OneOf Closes $8 Million Round Despite 2022’s ‘Crypto Winter’

Dylan Smith
August 1, 2022
Photo Credit: Andrey Metelev Despite a reportedly 92 percent falloff in non-fungible token (NFT) sales in 2022 amid a broader “crypto winter” downturn, music NFT platform OneOf has managed to close an over $8... Read More...
Condense seed funding

Metaverse Infrastructure Company Condense Raises $4.5 Million In Seed Funding

Ashley King
July 28, 2022
Photo Credit: BusinessWire Metaverse infrastructure company Condense has announced a $4.5 million seed funding round. Condense describes itself as the world's first company to deliver live, real-world events... Read More...
Audius hack

Audius Web3 Music Streaming Platform Suffers $6 Million Loss Following Smart Contract Hack

Ashley King
July 25, 2022
Photo Credit: Audius Decentralized music streaming platform Audius suffered a hack with more than $6 million in AUDIO tokens stolen. The attacker exploited a vulnerability in the platform's governance smart ... Read More...
Melon

Metaverse Builder MELON Raises $5M in Seed Funding

Ashley King
July 22, 2022
Photo Credit: MELON Metaverse development studio MELON raises $5 million in seed funding. MELON, a game development studio for the metaverse, has announced it has raised $5 million in seed funding. The team ... Read More...
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