CRYPTOCURRENCY
Gala Music: The Platform Transforming Artist Earnings
Discover how Gala Music leverages blockchain to significantly enhance artist earnings compared to Spotify, providing new revenue streams and deeper fan connections.
Spotify removes AI-generated music
Spotify has removed 7% of AI-generated music created by Boomy due to fraudulent streaming activities. Universal Music Group had alerted Spotify of suspicious streaming activity on Boomy tracks. The removal of the songs was due to suspected artificial streaming by bots posing as listeners. Music industry giants like UMG are fighting to control AI, while some artists like Grimes are championing its use.
Music streaming platform Spotify expands its Web3 efforts
Android users in the US, UK, Germany, Australia, and New Zealand may now access the playlists.
Spotify Says Testing New Feature to Allow Artists Promote NFTs
Music streaming platform Spotify is planning to add support for NFTs in the future.
Spotify Intends to Add NFTs to Streaming Service: Report
Spotify seems to be making an entry into the NFTs technology. The streaming music platform is looking for talents to work in the early stages of Web3 projects.
PayPal, Visa, Amazon Named as Core Members to Help Bank of England Work on Developing UK’s CBDC
The Bank of England has announced the members of the technology and engagement forums, which will help the central bank coordinate exploratory work on a potential UK’s CBDC.