Logic Beach, an instrumental, non-verbal techie sounding music group recently released a new album with Bitcoin (BTC) hidden inside its walls. Listeners are now working find the 12 word seed phrase for the wallet holding the BTC prize. "I have hidden the seed to a wallet containing ~0.03 (+ 0.02) BTC inside of my latest album," Logic Beach posted in a May 12 Reddit thread on r/Bitcoin, adding: "'Bifurcations' by Logic Beach is a Lo-Fi, Synth-Glitch, experimental project I've put together to celebrate the halving and to have a bit of fun. You will need the Lossless versions of the …

Lockdown shouldn’t mean pop and lock-down. That’s just one takeaway from today’s free electronic dance music concert organized by The Giving Block and Multiplied to benefit charities on the front lines of the COVID-19 pandemic. The concert is live streamed on May 5th from 6 pm - 10 pm Eastern Time (10 pm - 2 am GMT) and features some of the most popular EDM artists in the club world — including blockchain advocate 3LAU, Grammy award-winner RAC, Kill Paris, and ill.Gates. 3LAU has remixed artists such as Rihanna, Katy Perry, Justin Bieber and Ariana Grande, while RAC counts U2, …

Blockchain platform Ontology announced a partnership with social creator platform OGQ to use the Ontology blockchain to ensure copyright protection for content created through the platform. OGQ allows users to upload and sell unique digital content including emojis, memes, fonts, music, and videos. The partnership will see 250 million instances of digital content being uploaded to the Ontology blockchain. Ontology partners with social creators on copyright Since launching in 2011, OGQ has attracted 14 million creators who have uploaded 54 million pieces of digital content to the platform. Digital assets uploaded to the blockchain will also be purchasable in exchange …

The transition of royalty payments into the blockchain should empower artists in the music industry by increasing their bargaining power for asking higher payouts, claims a report that blockchain-based digital music platform, OPUS has shared with Cointelegraph. According to OPUS’ study, given the novelty of introducing blockchain to the digital music streaming services market, they see great potential growth. The blockchain-based platform says that artists may be attracted to decentralized platforms because of the potential for relatively higher earnings, compared to conventional platforms. OPUS believes that a shift to tokenized royalties would also diversify personal portfolios of artists. In recent …

Where's the border between art and technology in the music industry? My immediate feeling when I think about this question is that music is always created with — and by — interesting technologies. The world has some very extraordinary devices for making sounds that go back thousands of years. Music is as old as humanity itself, and it hasn't stopped changing since then. I think music is almost an expression of different types of technology because you're playing around with different sorts of materials and we use technology to invent different sounds: wood, metal, leather, etc. Today, some of the …

Ditto Music will launch Bluebox, a blockchain recording technology that could be a boon to musicians and distributors alike. What it’s all about The problem, says Ditto Music CEO Lee Parsons, is that misplaced metadata can end up eating away at the bottom line. Recently Ditto made a royalty payment of 60,000 pounds sterling ($80,000) to the wrong artist. Parsons reportedly had to pay the correct artist out of his own pocket. But Bluebox will allow artists to address legal concerns, such as copyright registration, publishing, and mechanical splits. The app records music around legally-binding smart contracts, which are written …

The music streaming industry has come a long way since the old days of Napster and the first-ever downloadable music. The new technology that was the internet, combined with faster download speeds, made music sharing possible. Since those early days, regulations and structure have provided a way for companies to monetize digital content while protecting it and putting new technology to work. As the industry evolved, a few major platforms exploded into the market. These early growth leaders received huge boosts as users began tossing out their CDs and flocking to media services. However, those early days have come to …

American EDM-pop duo The Chainsmokers are backing a new blockchain-based ticketing platform. Platform allows artists to control the secondary ticketing market Alongside their manager Adam Alpert, the 2017 Grammy Award winners invested in YellowHeart, a decentralized ticketing platform designed to facilitate transparent ticketing sales by artists, music industry publication Music Business Worldwide reports on Oct. 21. Founded by music executive Josh Katz, the YellowHeart platform uses a public blockchain to enable artists and venues to directly control the ticketing process, including sales on secondary markets. YellowHeart aims to eliminate scalpers Specifically, the platform intends to cut out the music industry …

An IT arm of South Korea’s major conglomerate CJ Corp is using Amazon’s blockchain tech to improve music copyright management. CJ Corp implementing Amazon Managed Blockchain CJ OliveNetworks has implemented Amazon Managed Blockchain in its new digital copyright system for recording and tracking music in broadcast content, local news agency Yonhap reported on Sept. 19. Specifically, the firm reportedly deployed Amazon Web Services’ (AWS) file-based video transcoding service Elemental MediaConvert to recognize and extract music content from broadcasting data. Secure data sharing and storage According to the report, the new blockchain-enabled electronic copyright platform intends to bring a higher level …

City of London Police have arrested a 19-year-old citizen suspected of hacking major music acts in a bid to steal unreleased songs and sell them for digital currency, Canadian daily newspaper The Vancouver Sun reported on Sept. 13. The Manhattan District Attorney’s office initiated an investigation after receiving complaints from management companies of recording artists. Commenting on the matter, Detective Inspector Nick Court from the City of London Police Intellectual Property Crime Unit stated: “Today’s action marks a significant point in our investigation into the individuals responsible for stealing music and selling it on illegal streaming websites, worldwide.” Crypto facilitates …

Global media giant Warner Music Group will be creating digital assets using new public blockchain backed by CryptoKitties creator. Warner Music’s to create assets on Flow According to a Forbes report on Sept. 12, Warner Music has joined an $11.2 million investment in CryptoKitties creator Dapper Labs in order to collaborate on the deployment of the company’s new blockchain network called Flow as well as building tokens on top of it. While Warner has reportedly invested less than $1 million in the form of a convertible security, other contributors included major industry investors such as Andreessen Horowitz, Digital Currency Group, …

Korean pop music giant SM Entertainment revealed plans to build its own cryptocurrency and blockchain in partnership with tech organization CTIA Labs. CT-AI Labs CEO Sang-Sik Joo announced the initiative at the developer conference of South Korean crypto exchange UpBit, local IT news outlet ITChosun reported on Sept. 4. Joo noted that they are currently discussing the project with partners who will build the platform, but the details cannot be revealed yet. SM Entertainment reportedly expects the blockchain platform to bridge the physical and virtual world. Joo commented on the development by defining the function that he sees blockchain having …