Limewire began life as a subversive platform that allowed people to illegally download their favorite songs. While digital rights and piracy laws caught up with its original iteration, the rise of streaming services and surging creator power have paved the way for an NFT-focused revival.
Decentralised Autonomous Organisations, or DAOs, are part of an emerging Web3 ecosystem that have the potential to radically transform how organisations work together to achieve shared goals. How is this changing working environments? And what can companies learn from this concept?
Coachella has recognised the exclusivity and sense of prestige afforded by the scarcity of NFTs. By offering owners of its NFT a lifetime pass to the festival, it's combining physical and virtual experiences, speaking to a need for long-term value that goes beyond just owning a digital asset.
Following in the footsteps of bitcoin, NFTs have gained a place in mainstream consciousness. Axie Infinity is a play-to-earn game that gives people an opportunity to create and cultivate in-game characters and collectibles, which they can sell on cryptocurrency exchanges and use to earn a living.
From cancelled gigs to delayed album releases, the pandemic has been devastating for musicians. Bandcamp, an online discovery storefront, led the way with an ‘artist-first’, multi-channel approach to music consumption – emerging as a solution to grievances within the industry.