Technology

Congressman Submits Bill to Give Safe Harbor to Crypto Startups Selling Tokens 

Representative Patrick McHenry (R-NC) has proposed the Clarity for Digital Tokens Act of 2021, which would provide legislative backing to SEC Commissioner Hester Pierce’s “safe harbor” approach to crypto. This would create a pathway for crypto companies to launch their own token sales without having to worry about existing securities legislation at the federal level in the United States.

Source: Congressman Submits Bill to Give Safe Harbor to Crypto Startups Selling Tokens – Decrypt

Twenty One Pilots in Concert—As Roblox Avatars

Virtual performances are becoming more common and more sophisticated, with high-profile artists such as Ariana Grande, Easy Life and the Weeknd also among those to take to the digital stage despite the easing of pandemic restrictions. While in-person concerts began to pick up this summer, with ticket sales indicating strong demand from fans, industry executives say virtual gigs can be complementary to the much more lucrative live ones and are gaining traction as a new medium.

Source: Twenty One Pilots in Concert—As Roblox Avatars

EU Parliament Committee Adopts Digital Services Act 

The EU’s plans to modernize copyright law in Europe are moving ahead. The Parliament Committee on Legal Affairs (JURI) has just adopted a draft of the new Digital Services Act. This brings the implementation of various new copyright restrictions, including rapid 30-minute takedowns and requirements to deal with “repeat infringers,” a step closer.

Source: EU Parliament Committee Adopts Digital Services Act * TorrentFreak

BookVolts — the world’s first NFT book publisher

For many authors, advances and royalties from publishers have been declining dramatically, and subscription models & marketplaces such as Kindle Unlimited or Amazon have seriously undervalued the work of the writer. BookVolts gives writers a chance to earn up to 90% of every sale by using NFT technology to protect their digital assets.

Source: BookVolts — the world’s first NFT book publisher

Fortnite’s upcoming global music series will have an interactive experience for each artist

Epic is well known for bringing musical performances to Fortnite, including spectacular shows for huge artists like Travis Scott and Ariana Grande and concerts hosted on the non-violent party royale island. But Epic is increasingly working with its community to create signature experiences for the game in Fortnite’s Creative mode, such as with this summer’s Easy Life virtual concert and the Balenciaga-themed “Strange Times” hub.

Source: Fortnite’s upcoming global music series will have an interactive experience for each artist

3LAU’s Worst Case to be the first “fan owned” song on blockchain music platform Royal

DJ and cryptocurrency pundit 3Lau will give away 50% of his new song Worst Case’s streaming rights to 333 fans, who will get paid every time someone streams the song. With this move, 3LAU means to demonstrate the capabilities of Royal, which launched with $16 million in seed funding earlier this year. According to 3LAU, Royal was created with the aim of democratizing investment in music.

Source: 3LAU’s Worst Case to be the first “fan owned” song on blockchain music platform Royal

Ed Sheeran Deploys Blockchain Tech to Fight Scalpers In France

The Ed Sheeran concert at Stade de France is happening on July 29, 2022. But tickets for the event are available now. However, there are some special notes about the ticket purchasing process for this concert. “For this concert, in order to make ticketing secure, the tickets purchased will only be available as the concert approaches via a mobile app you will be invited to download on your smartphone,” the concert page reads.

Source: Ed Sheeran Deploys Blockchain Tech to Fight Scalpers In France

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