How NFTs create a 'beautiful cycle' between artists and fans
Panelists at an Australia Blockchain Week discussion talked about the favorable way the NFT industry has grown through close interactions between artists and fans. The nonfungible token art industry has developed into a “beautiful cycle” thanks to the connection artists have with their fans according to artist Danielle Weber who spoke at the Australia Blockchain Week conference. Weber spoke on a March 23 panel discussion titled “Pushing the boundaries of NFT utility and art - Homegrown spotlight” about the benefits of the nonfungible token (NFT) ecosystem bringing artists closer together....
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Since their inception, cars have captivated artists. Cars have been featured in studios and galleries worldwide as objects of love, hate, and even as a fetish. And, more often than not, this is because artists are self-proclaimed fans of the art they create. With Web3 being a powerhouse of revolution, art has taken a whole new direction. NFTs are the new canvases auctioned and sold off on digital marketplaces within seconds. Artists genuinely have a new way of expressing themselves, and the sky’s the limit. Traditional artists like Phillipe Pasqua have taken the NFT route with....
It’s an exciting time to be a football fan. The sport is embracing new technology that is enabling fans to show their love for the beautiful game in totally new ways. But even as the digital collectible market expands, the crypto community can still offer fantastic physical prizes. Are NFTs the future of football fandom? […]
The company stated that select artists can launch their NFT collections and limited-edition projects on their own dedicated drop pages. On Sept. 29, global music and entertainment company Warner Music Group (WMG) announced a partnership with nonfungible token (NFT) marketplace OpenSea to provide a platform for select musical artists to build and extend their fanbase into the Web3 community. According to the release, the collaboration between these two entities will allow select WMG artists to get early access to OpenSea’s newly rolled-out feature, which enables artists to launch their NFT....
EDM artist R3HAB and music community anotherblock are using NFTs to share song royalties with everyone involved in the process of launching a song -including fans. The music industry continues to find inventive ways to integrate decentralized technology into new releases to benefit both artists and their fans. Electronic dance music (EDM) artist R3HAB and blockchain-based music community anotherblock released a single on Aug. 19 with the idea of “democratizing music rights.” The nonfungible token (NFT) included in the drop allows holders to earn royalties based on streaming popularity.The....
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....