Nas has made millions off an early Coinbase investment. Photo Credit: Coup d’Oreille Rapper Nas has reportedly earned north of $40 million from an eight-year-old investment that his QueensBridge Venture Partners made in cryptocurrency-exchange platform Coinbase. The “EPMD” artist and his venture-capital firm, which has also exited investments in Dropbox and Lyft, participated in Coinbase’s […]
Dr. Luke’s Prescription Songs publishing company has announced that its songwriters will have the option of receiving their royalties in Bitcoin moving forward. Prescription Songs and Dr. Luke (full name Lukasz Sebastian Gottwald) announced the cryptocurrency payment option’s rollout this morning. Moreover, the publishing company – one of two such entities owned by the 47-year-old […]
Photo Credit: FN Meka Now robot rappers are getting in on the NFT craze — FN Meka sells a toilet NFT for $6,500 in ETH. FN Meka is the first AI-powered rapper, launching in 2019. The robot is a self-proclaimed ‘hypebeast,’ often releasing singles incorporating brands. The robot’s latest single is “Speed Demon.” But the […]
Photo Credit: OpenSea OpenSea, the NFT auction start-up behind the Kings of Leon album auction, just raised $23 million in funding. NFT auctions with ‘golden ticket’ real-life benefits are being sold for millions to music fans. Eager to be part of these massively growing platforms, investors are pouring money into cryptocurrencies that power these non-fungible […]
Fleetwood Mac performing live in St. Paul, Minnesota, in 2009. Photo Credit: Weatherman90 TikTok star Nathan Apodaca is organizing a non-fungible token (NFT) auction to cash in on the video that catapulted him to fame. But Fleetwood Mac vocalist and songwriter Stevie Nicks is reportedly unwilling to allow “Dreams” (1977) to appear in the for-sale […]
Photo Credit: JD Lasica / CC by 2.0 Elon Musk’s newest side hustle is cryptocurrency and dropping NFT tracks – but not selling them. The ‘TechnoKing’ of Tesla has garnered more than 49 million followers on Twitter. Musk’s tweets over the last few months have become increasingly focused on cryptocurrency. First, he caused a run […]
Photo Credit: Alexander Popov NFTs. Cryptocurrency. What is the metaverse? Assets in the ‘digital world’ suddenly have real-world value. Here’s what it could mean for artists. Blockchain technology has enabled a new era of ownership that’s has exploded in 2021. Non-fungible tokens (NFTs) are a brand new way to market to fans, tied with direct […]
Photo Credit: NRK P3 / CC by 3.0 The Kings of Leon have generated around $1.45 to $2 million in their NFT album sales. The sale of the non-fungible tokens containing the album began on March 5 on the Open Sea platform. The collection was entitled “NFT Yourself” and was released in partnership with crypto […]
Photo Credit: 3LAU/Shervin Lainz DJ 3LAU has set a new sales record for NFT sales at auction – $11.6 million for 33 non-fungible tokens. The auction of 33 NFTs was a celebration of the three-year anniversary of 3LAU’s Ultraviolet album. NFTs are quickly gaining traction in the music industry as a way to reward a […]
Photo Credit: Raph_PH / CC by 3.0 Kings of Leon are releasing a new album as a non-fungible token (NFT) – the first band to do so. There will be three types of tokens available as part of the album drop, dubbed the ‘NFT Yourself’ series. One token is a special album package, while another […]