Cover art by: Metaversive & Midjourney, Prompt: Satoshi Nakamoto Bitcoin temple
Newsletter
Product of the Week 👉NEW FEATURE
Web3 tools & resources
DeFi
Exciting developments in DeFi
Crypto Derivatives 101: A Beginner's Guide
DAOs
Controversial vote at SushiSwap
The DAO toolkit by the World Economic Forum
NFTs & tokenization
Warner Records using NFTs to Track Music Rights
Sell off their once-valuable “digital collectibles” as tax losses to offset their income tax bills
Central African Republic to tokenize its minerals
Web3 adoption
Improving UX through Account abstraction
Sound.xyz: Sound.xyz is a game-changing music platform that is transforming the way independent artists share their music and connect with fans. By leveraging the power of blockchain technology, Sound.xyz enables direct payments from fans to artists, ensuring that artists receive fair compensation for their work without intermediaries taking a cut. In addition, the platform enables artists to monetize their music through NFTs, allowing them to retain true ownership and provenance of their work and own the relationship with their fans. The platform has already onboarded over 165 artists who have earned over $3.4 million across primary sales and secondary royalties.
Curate-to-earn
The new Curator rewards feature is a way for users to earn $SOUND tokens by creating and sharing playlists on the Sound.xyz platform. Curators will be rewarded based on the number of streams and purchases generated from their playlists, with a portion of the rewards going directly to the artists featured on the playlists. This feature not only incentivizes users to create high-quality playlists that showcase independent artists, but also supports the artists themselves by providing additional exposure and revenue opportunities.