Blockchain Music Administrator Revelator Raises $2.5m
Revelator, a cloud-based provider of sales and marketing intelligence for independent music businesses, has raised $2.5 million this week in its recent Series A funding round led by Exigent Capital. Revelator promises to efficiently track music rights and distribute royalties to rights owners. It issues copyright registrations as digital assets secured by multi-signature authentication and enforces multi-party terms and jurisdiction compliance rules. Exigent was joined by Digital Currency Group, which invests in Bitcoin and blockchain companies. “If you have data every day, why can’t we....
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Last week music startup Revelator raised around $2.5 million by offering a new kind of tracking for music rights and for allowing royalties to be more efficiently distributed to the correct owners. At the heart of their proposed technology is the Blockchain which can be used to effectively record any kind of transaction or event. Similar to other companies, Revelator is finding applications for the Blockchain in other unrelated industries - in this case - music. The drastic efficiency and real-time updating of Blockchain allows Revelator to track the use of digital goods and distribute....
Bitcoin innovation company Colu has utilized blockchain to create a music management platform for Revelator, a cloud-based music marketing company. The API, as stated in the Colu's recent press release, would help artists and music companies settle creative and distribution rights in a comparatively transparent ecosystem. The presence of the blockchain would further ensure a proper mechanism to grant rightful fees and royalties to artists in the form of digital assets, such as Bitcoin. Appearing as a relief to an infrastructural inefficient music copyrights system, the Colu-Revelator....
Colu specializes in making assets digital through the use of colored coins and the Bitcoin blockchain. Although the service is still in beta, Colu has already made a partnership with Revelator, a company that is building a rights management API that will help to alleviate many of the problems facing the music industry. I spoke to Mark Smargon, Co-founder and VP of Product, from Colu regarding what Colu is and asked a little bit of how it works: “This API will provide the secure issuance and distribution of digital assets, including listing and registration of musical works for its clients....
Colu, a platform using Bitcoin blockchain technology, today announced that it has beta launched its platform for developers. Individual developers and companies are now welcome to build on the Colu platform. In addition, Colu has announced Revelator as its first partner. Revelator is a cloud-based provider of sales and marketing intelligence for independent music businesses. Colu has developed a platform based on Bitcoin blockchain technology, which for the first time can be used by developers and consumers with little to no bitcoin knowledge to build and exchange digital assets for....
Israel-based colored coins startup Colu has launched the beta version of its developer platform. Based on bitcoin's blockchain technology, the platform will enable developers and individuals to register and exchange digital assets. Additionally, Colu announced its integration with Revelator, a music business management platform. Amos Meiri, Colu CEO and co-founder, said in a statement: "The Colu team has been working closely with various companies to finally leverage blockchain technology in a consumer-friendly way. We're excited to launch this beta more broadly so solutions and services....