The cryptocurrency market found itself in a holding pattern on Aug. 17 as the price of Bitcoin (BTC) lingered below $46,000 and bulls regrouped to plan their next attempt to push the price higher. Despite the struggles faced by many of the top cryptocurrencies, several altcoins were buoyed by positive developments, and Cointelegraph Markets Pro's top market gainers index shows many producing double-digit gains. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Audius (AUDIO), Raydium (RAY) and Helium (HNT). Audius partners with TikTok The top-performing coin over the past 24 …
Jay-Z and Jack Dorsey have hinted that their music streaming service, Tidal, could be eying integrations supporting nonfungible tokens (NFT) and smart contracts. Speaking during a conference on Monday hosted on Twitter Spaces, the duo emphasized the importance of introducing features that empower the artists using the platform, citing smart contracts, NFTs and analytics tools as examples. Despite Tidal lagging behind top music streaming services — with Tidal’s 2019 $166 million in revenue paling in comparison to the $2.8 billion and $7.44 billion generated by Apple and Spotify, respectively, during that same year — Dorsey and Jay-Z believe they can …
A new cryptocurrency-based streaming service is taking a holistic approach to the industry, combining a number of traditional features like a token-based financial ecosystem, censorship resistance and community governance with a strong and thoughtful focus on the user experience and supporting existing creators. Vabble’s crypto-powered video-on-demand plans take an interesting approach to the end user that isn’t common among streaming video services: It does not assume they are viewing alone. A number of features aim to reinvent the pre-Netflix days when going to a movie was a shared experience on a single screen that brought people together. This “co-watching flow” …
Video is fast becoming the main medium of communication on the internet, with research suggesting that the typical consumer watches more than 10 hours a week. But whether it’s a four-second meme on TikTok, a four-minute prank on Facebook or a four-hour livestream on YouTube, there’s one big problem: Content creators have to work on the terms of centralized tech giants. Now, a decentralized video platform is aiming to shake things up — ensuring that revenue that’s generated through advertising goes to the people who upload videos, and the process of policing content is left to the community. Pocketnet’s blockchain …
Cinedigm, a major American content distribution company, is applying blockchain technology to one of its streaming channels. The company has partnered with decentralized video delivery network Theta Labs to integrate Theta's peer-to-peer streaming technology and cryptocurrency rewards into its CONtv Anime channel airing a wide range of anime series and movies. CONtv Anime will feature micropayments in Theta Fuel (TFUEL), one of the two native tokens on the Theta blockchain. The token will be used as a reward for sharing video content by utilizing excess bandwidth and computing resources as well as watching the channel’s content. According to the announcement, …
After recording new all-time highs all throughout 2021, the value of Theta (THETA) dropped 25% in less than 24 hours leading into March 25, following news that the project’s mainnet launch had been pushed back two months. Theta is a blockchain-based video streaming platform that was gearing up for its official Mainnet 3.0 launch next month. On March 24, the Theta team announced that it was delaying the mainnet launch until the end of June. By early Thursday morning, Theta had lost a quarter of its value — falling from a token price of $14.43 down to $10.73. The cause …
An esports-focused site that uses a cutting-edge blockchain protocol to eliminate manipulation in video views has now launched non-fungible tokens. Esports Fight Club, which is owned by Verasity, says the NFTs on offer include posters, badges, weapons, mods and short videos that summarize top highlights from esports tournaments. All of them are built using Verasity’s proprietary and patented Proof-of-View protocol, which aims to eliminate fraud from the world of video monetization. Each NFT found on the platform is unique, with ownership validated through PoV. This gives users full control over their non-fungible tokens — enabling them to resell or distribute …
As blockchain technology increasingly becomes part of the mainstream conversation, its integration with today's most used technologies is bound to increase. This means that it's only a matter of time before video streaming, digital music and social media see gradual blockchain integrations take place. Audius (AUDIO) is one project that is chasing the first-mover advantage in the music streaming sector. The music-sharing and streaming protocol facilitates transactions between creators and listeners, making it relatively effortless for users to distribute and monetize audio content. The project has received increasing attention for its approach to decentralizing the music industry and on March …
Theta (THETA) has launched ThetaSwap, the blockchain’s first decentralized exchange platform, according to an announcement issued on Friday. ThetaSwap v1 users will reportedly be able to swap Theta-based TNT-20 tokens in much the same way as is the case for automated market maker services like Uniswap and SushiSwap for ERC-20 tokens on the Ethereum chain. With the launch of ThetaSwap v1, the project says it is hopeful that users will become incentivized to interact with the TNT-20 token standard. Apart from TNT-20 tokens and Theta Fuel (TFUEL) — the Theta blockchain “gas coin” — future upgrades to the DEX will …
DLive, the decentralized streaming platform that Justin Sun purchased and migrated to Tron in December 2019, was used by several far-right extremists to livestream their insurrection in the United States Capitol building on Wednesday. The extremists were also able to raise donations during the broadcast, and the platform has been accused of allowing extremists to raise “hundreds of thousands” of dollars, mostly in cryptocurrency, since it was founded. According to the Southern Poverty Law Center’s Hatewatch blog, at least five DLive accounts livestreamed Wednesday’s shocking protest: “Murder the Media,” “Loulz,” “Woozuh,” “Gloomtube” and “ Baked Alaska.” However, the organization could …
The crypto-powered music streaming platform Rocki has sold its first “royalty income right NFT” — a token granting its owner a 50% share in all royalties generated by a specific track's streams on the site. The token corresponds to a track titled “Cotton Eyes” that has been exclusively released on Rocki by Malta-based progressive house producer Guy J. The ERC-721 royalty income right token was auctioned alongside an ERC-1155 “listening right” token, allowing the winning bidder to stream the song for free. The tokens were sold on decentralized auction protocol Bounce.finance for 40 Ether — worth $25,600 as of this …
Today, a freshly-announced partnership between the music-focused blockchain protocol Utopia Genesis Foundation and digital securities issuance platform STOKR makes it clear that the two companies are looking to heat up competition in the increasingly crowded blockchain-backed music space. In a press release from Utopia Genesis, the company laid out a series of ways that the collaboration would help artists tokenize and securitize their work, as well as allow listeners access to unique investment vehicles. The release says that Utopia Genesis’ partnership with STOKR “will allow artists and owners of the music to tokenize assets and create equity or debt instruments …