The Blockchain Company Allowing Fans To Connect with their Favorite Artists
Social media platforms have allowed thousands of artists, creators and celebrities to rise to fame and become household names within every niche imaginable. The business of sharing the intimate details of one’s life has become a lucrative industry like any other – but it is flawed. The current social media model completely favors the large social media giants. It is designed to compensate the giants with profits and the artists & creators with awareness (followers). If artists & creators would like to monetize their followers and actually make money, they have very limited....
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Imagine coming up with a song idea and the idea is loved by everyone so much you get backing via a crypto token. And you raise so many of these crypto tokens, your favorite artist then decides to sing it. Sounds crazy? It’s possible — as of today. Yes, via the popular social music app Geojam you can do just that. It works like this: Geojam is an Apple iOS social streaming platform, backed by artists like Mariah Carey and 24kGoldn. It lets users have “interactive experiences” with their favourite artists and share music with friends and other app users. Today it dropped its very own crypto....
From sports events, to live music, to stand-up comedy and beyond – the ticketing business has become profitable for few, clunky for most, and outdated for everyone. A new blockchain-based platform, SeatlabNFT, is changing that. For the fans SeatlabNFT aims to revitalize the ticketing industry by moving tickets on-chain, and leveraging growing NFT technology to execute fast, streamlined, and straightforward ticketing transactions. The platform is based on the NEAR blockchain, allowing for cost-efficient and timely transactions – but the buck doesn’t stop there when it comes to....
Here to change the way that artists and fans interact forever, cryptocurrencies and blockchain technologies are on tour in the music industry – from digital ticketing to distribution, NFTs are taking over. Let’s take a close look at the top four NFT platforms fronting the way: Centaurify, MusicArt, and Meteora. Centaurify Centaurify is a music NFT universe that helps music lovers connect with their favorite musicians on a new level, through NFT ticketing, live events, and official merchandise. Centaurify aims to revolutionize the music industry by taking control from scalpers, while giving....
A collaboration between the Utopia Genesis Foundation and STOKR will enable new revenue streams for artists and investment tools for listeners Today, a freshly-announced partnership between the music-focused blockchain protocol Utopia Genesis Foundation and digital securities issuance platform STOKR makes it clear that the two companies are looking to heat up competition in the increasingly crowded blockchain-backed music space.In a press release from Utopia Genesis, the company laid out a series of ways that the collaboration would help artists tokenize and securitize their work, as well....
Professional research has shown that celebrities and fans are equally vital in celebrity-fan relationships (link). Before social media, interacting with your favorite artist was impossible. The closest interaction possible would be from reading a recent newspaper interview. As social media surged, those with fame were able to display their personality to fans. However, this was no different than viewing a newspaper – except with more colors and interactivity. As of the 21st century, the adoration and support of fans raised celebrities to new heights where business and brand creation....