The Ultra Records founder will launch an NFT membership pass for his new label.
Sales ticked higher thanks to drops from top artists including Armin van Buuren and Styles P, but overall NFT volume ended 2022 way down from January highs.
The class action is the latest lawsuit over allegedly misleading celebrity endorsements of cryptocurrencies and non-fungible tokens.
The month lacked major Web3 music launches, so independents filled the void as overall sales volume dropped more than 70%.
WCM and the Web3 entertainment incubator will launch a digital museum in early 2023 to showcase NFT collectibles and celebrate the songwriting process.
Bitcoin bubble, toil and trouble, it’s not much good so losses double.
"If you own a piece of a song and it comes on the radio, there's something really special about saying you own that," says founder Justin Blau.
Up to $1.5 million worth of Coachella NFTs appear to be “disabled” after disgraced crypto exchange FTX filed for bankruptcy.
The DJ made $11.7 million from a much-publicized NFT auction tied to his album Ultraviolet. A co-writer of one of the songs says she was offered just $25,000.
A high-profile drop from a major label helped lift trading volume for a second-straight month.
