Technology

‘Lockdown’ Thriller to Be Offered as NFT Film Ahead of Theatrical Release

The film’s producers Phoenix Waters Productions and AMM Global have teamed with specialty firm Marvion Media and will offer a limited edition of just five NFTs in October. They will also offer NFT to attend both the Hong Kong and U.K. premieres of the film.

Source: ‘Lockdown’ Thriller to Be Offered as NFT Film Ahead of Theatrical Release

Virtual artists are an opportunity for the music business – not an enemy

A quick glance down the production credits of any Top 40 song makes it clear that there’s a team behind every artist: songwriters and producers, not to mention creative directors, engineers, and marketing teams. But most of these contributors have been shut out of the royalties they deserve: a songwriter often only gets a share of publishing, without any share of the master royalty, despite having a massive hand in the crafting of the song. Virtual artists can change this paradigm.

Source: Virtual artists are an opportunity for the music business – not an enemy

Twenty One Pilots to perform ‘pioneering interactive virtual concert’ in Roblox

Roblox and Warner Music Group announced the news today, with the forthcoming ‘Twenty One Pilots Concert Experience’ described as “a completely new format of interactive music experiences on Roblox”. The Roblox and Twenty One Pilots tie-up comes eight months after WMG joined a $520m Series H investment round in Roblox Corporation, the parent company of the kids’ gaming phenomenon.

Source: Twenty One Pilots to perform ‘pioneering interactive virtual concert’ in Roblox

The NFT Generative Art Movement Is Challenging How We Think About Value

NFT generative art is a nascent and rapidly growing ecosystem within the crypto world that has emerged as an alternative to the absurdity of the traditional art world. Using a new artistic digitally native medium, the movement fundamentally challenges our conception of what gives art its value and how society expresses its communal values through art.

Source: The NFT Generative Art Movement Is Challenging How We Think About Value

Australia’s Top Court Finds Media Companies Liable for Other People’s Facebook Comments

The High Court of Australia determined that media companies, by creating a public Facebook page and posting content on that page, facilitated and encouraged comments from other users on those posts. That means the media companies should be considered publishers of the comments and are therefore responsible for any defamatory content that appears in them, according to a summary of the judgment from the court.

Source: Australia’s Top Court Finds Media Companies Liable for Other People’s Facebook Comments

Non-Fungible Tokens: How ‘Punk’ Crypto Trend Gave Rise To NFTs For Digital Art

Non-fungible tokens or NFTs are technological capitalism’s answer to its own limitations. By overcoming the physical nature of virtually every object and allowing their safe storage on a digital blockchain has changed how investors and buyers perceive the market in a world dictated by all-things-digital.

Source: Non-Fungible Tokens: How ‘Punk’ Crypto Trend Gave Rise To NFTs For Digital Art

Crypto Music App Audius Now Showcases Both Ethereum and Solana NFTs 

Audius is a rising streaming music service that offers an alternative to heavyweight players in the space—like Spotify and Apple Music—via a decentralized approach that hosts tunes on distributed nodes, rewarding users for supporting the network. And like many crypto projects of late, Audius has embraced NFTs.

Source: Crypto Music App Audius Now Showcases Both Ethereum and Solana NFTs – Decrypt

Creator tools are changing the power dynamic of audiences and platforms

As the creator economy grows and matures, platforms which enable users to create and creators to be remunerated properly are going to become increasingly more important – but the relationship between the creators, who are originating on these platforms, and the platforms themselves is not guaranteed to be a sustainable one.

Source: Creator tools are changing the power dynamic of audiences and platforms

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