Tuesday, February 7, 2023
DiffrintCrypto.com
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Blockchain
  • Market & Analysis
  • ICO
  • Ethereum
  • Litecoin
  • Ripple
  • Dogecoin
DiffrintCrypto.com
No Result
View All Result
Home Cryptocurrency

Cryptocurrency fund to support local budding musicians

diffrint by diffrint
January 10, 2023
in Cryptocurrency
0
Cryptocurrency fund to support local budding musicians
189
SHARES
1.5k
VIEWS
Share on Facebook


SINGAPORE: It is a idea nonetheless in its infancy and will take a while earlier than it hits the fitting notes, however cryptocurrency is at the moment being explored as a supply of funding to help budding skills within the native music scene.

A platform run by a collective of like-minded musicians and supporters, often called The Nice Wave, makes use of cryptocurrency to create a stash of funds for artistes to attract on. 

They’ll use these funds to supply and launch their authentic works.

“It is powered by a really distinctive automobile and what we name a DAO (decentralised autonomous organisation). So consider it like an organization that is run by a collection of various good contracts,” mentioned Mr Clarence Chan, who’s a part of the founding group at The Nice Wave. 

“So what that enables us to do is to advertise belief amongst individuals who haven’t any purpose to belief one another. We will come collectively, we will fund artist work by this automobile.”

HELPING MUSICIANS TO MAKE WAVES

There are digital agreements between two events, executed as transactions earlier than being verified and grouped.

They’re then added into the blockchain, so the contracts’ phrases and situations can’t be altered.

To make sure the method is so as, customers can view the contract utilizing a verification web site equivalent to Etherscan.

Through the use of the DAO, The Nice Wave has elevated its secure of artistes, together with these from South Korea, to greater than 10 in beneath a yr. 

Impartial music label founder Jon Chua believes The Nice Wave might be a lifesaver, particularly for smaller gamers within the business. 

Mr Chua, chief government of Zendyll Music, mentioned: “If I promote an NFT (non-fungible token) at this time, I’ll see my cash at this time. 

“It is rapid, primarily, whereas on the streaming platforms, you may get 1,000,000 streams in January (however) you solely see your cash in February the subsequent yr. So I believe this actually helps a number of indie musicians (and) indie labels.”

Nevertheless, he additionally feels that artistes ought to first perceive how blockchain expertise works earlier than hopping on the bandwagon. 

“I believe that training and understanding is necessary. My recommendation can be you might have to have the ability to dive into that house and determine it out first, earlier than you need to use that on your work,” mentioned Mr Chua. 

“It’s important to discover ways to code earlier than you ask for a job as a coder. So I believe that for artistes, it is virtually the identical factor, and it may not work for everyone.”



Source link

Related articles

BNB and Litecoin looking bullish whilst Big Eyes Coin breaks largest presale in recent times at $20.5 Million – Euro Weekly News

Mudrex unveils Satoshi School to provide cryptocurrency and Web3.0-oriented education – The Financial Express

February 7, 2023
BNB and Litecoin looking bullish whilst Big Eyes Coin breaks largest presale in recent times at $20.5 Million – Euro Weekly News

Vantagepoint A.I. Adds Cryptocurrency GALA To Predictive Forecasts for Independent Traders – Yahoo Finance

February 6, 2023
Tags: buddingCryptocurrencyfundLocalmusiciansSupport
Share76

Related Posts

BNB and Litecoin looking bullish whilst Big Eyes Coin breaks largest presale in recent times at $20.5 Million – Euro Weekly News

Mudrex unveils Satoshi School to provide cryptocurrency and Web3.0-oriented education – The Financial Express

by diffrint
February 7, 2023
0

Mudrex unveils Satoshi School to provide cryptocurrency and Web3.0-oriented education  The Monetary Categorical Source link

BNB and Litecoin looking bullish whilst Big Eyes Coin breaks largest presale in recent times at $20.5 Million – Euro Weekly News

Vantagepoint A.I. Adds Cryptocurrency GALA To Predictive Forecasts for Independent Traders – Yahoo Finance

by diffrint
February 6, 2023
0

Vantagepoint A.I. Adds Cryptocurrency GALA To Predictive Forecasts for Independent Traders  Yahoo Finance Source link

BNB and Litecoin looking bullish whilst Big Eyes Coin breaks largest presale in recent times at $20.5 Million – Euro Weekly News

Tesla, Meta, Apple, Snap And A Meme Coin Inspired By Musk's Dog Up 200% In January: Bulls And Bears Of Th – Benzinga

by diffrint
February 6, 2023
0

Tesla, Meta, Apple, Snap And A Meme Coin Inspired By Musk's Dog Up 200% In January: Bulls And Bears...

BNB and Litecoin looking bullish whilst Big Eyes Coin breaks largest presale in recent times at $20.5 Million – Euro Weekly News

Bitcoin Price and Ethereum Prediction: Whales Move $743 Million in Crypto – Here's What You Need to Know – Cryptonews

by diffrint
February 6, 2023
0

Bitcoin Price and Ethereum Prediction: Whales Move $743 Million in Crypto - Here's What You Need to Know  Cryptonews ...

BNB and Litecoin looking bullish whilst Big Eyes Coin breaks largest presale in recent times at $20.5 Million – Euro Weekly News

White House Expresses Concerns Over Crypto Adoption: What it Means for the Future of Cryptocurrency – Crypto Mode

by diffrint
February 5, 2023
0

White House Expresses Concerns Over Crypto Adoption: What it Means for the Future of Cryptocurrency  Crypto Mode Source link

Load More
Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Cryptocurrency mine prospects for rural site in Bulloch County

Cryptocurrency mine prospects for rural site in Bulloch County

July 16, 2022
Guelph man loses nearly $100,000 in cryptocurrency scam: police – Guelph

Guelph man loses nearly $100,000 in cryptocurrency scam: police – Guelph

December 30, 2021
Cryptocurrency fraud ‘exploding’ in Canada, according to consumer advocacy groups

Cryptocurrency fraud ‘exploding’ in Canada, according to consumer advocacy groups

January 25, 2022
Wells Fargo, HSBC to use blockchain for interbank foreign exchange settlement

Wells Fargo, HSBC to use blockchain for interbank foreign exchange settlement

December 19, 2021
Regulators and industry join to fight ransomware

Regulators and industry join to fight ransomware

0
Crypto scoring big with European football – Cointelegraph Magazine

Crypto scoring big with European football – Cointelegraph Magazine

0
CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K

CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K

0
This Satellite Stock Has A Better One-Year Return Than Bitcoin Cash, Litecoin And Ripple’s XRP – Globalstar (GSAT)

This Satellite Stock Has A Better One-Year Return Than Bitcoin Cash, Litecoin And Ripple’s XRP – Globalstar (GSAT)

0
Bitcoin sees golden cross which last hit 2 months before all-time high

Bitcoin sees golden cross which last hit 2 months before all-time high

February 7, 2023
BNB and Litecoin looking bullish whilst Big Eyes Coin breaks largest presale in recent times at $20.5 Million – Euro Weekly News

Mudrex unveils Satoshi School to provide cryptocurrency and Web3.0-oriented education – The Financial Express

February 7, 2023
BNB and Litecoin looking bullish whilst Big Eyes Coin breaks largest presale in recent times at $20.5 Million – Euro Weekly News

BLOCKCHAIN COINVESTORS ACQUISITION CORP. I : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits (form 8-K) – Marketscreener.com

February 7, 2023
‘Multichain future is very clear’ — Metamask to support all tokens via Snaps

‘Multichain future is very clear’ — Metamask to support all tokens via Snaps

February 7, 2023

Recent News

Bitcoin sees golden cross which last hit 2 months before all-time high

Bitcoin sees golden cross which last hit 2 months before all-time high

February 7, 2023
BNB and Litecoin looking bullish whilst Big Eyes Coin breaks largest presale in recent times at $20.5 Million – Euro Weekly News

Mudrex unveils Satoshi School to provide cryptocurrency and Web3.0-oriented education – The Financial Express

February 7, 2023
BNB and Litecoin looking bullish whilst Big Eyes Coin breaks largest presale in recent times at $20.5 Million – Euro Weekly News

BLOCKCHAIN COINVESTORS ACQUISITION CORP. I : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits (form 8-K) – Marketscreener.com

February 7, 2023

Categories

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Market & Analysis
  • Ripple

Follow Us

Tags

analysis big Binance Bitcoin Blockchain BNB BTC Buy Cardano Coin Cointelegraph Crypto cryptocurrencies Cryptocurrency Data Digital DOGE Dogecoin Elon ETH Ethereum Heres Inu Investors Latest Litecoin LTC Magazine Market million Mining News NFT NFTs price prices rally Ripple SEC Shiba Solana today Token Top XRP
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Blockchain
  • Market & Analysis
  • ICO
  • Ethereum
  • Litecoin
  • Ripple
  • Dogecoin

© 2021 Diffrint Crypto All Rights Reserved