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3LAU is asking for a vital rethink of the music trade, one formed by the promise of blockchain expertise.
The trailblazing music entrepreneur and DJ took to X to share his forward-looking view on cryptocurrency’s affect.
“There hasn’t been a greater time than proper now,” he wrote,” to display crypto’s transformative potential for the music trade… to profit all who play a task in it, with artists at heart stage!”
The dialog round crypto’s position in music arrives at a fragile juncture. Bitcoin and different main cryptocurrencies are on a bull run, with Bitcoin just lately crossing the $91,000 mark and altcoins like Ethereum and Solana posting equally vital features.
Talking with EDM.com in July 2023, 3LAU defined that blockchain tech can handle deep-rooted inefficiencies within the music trade. His focus is on fostering a system the place artists can retain larger possession and visibility into their earnings—a imaginative and prescient he has persistently pursued since launching Royal.io, a platform on the forefront of the tokenized music trade.
“The music enterprise has tons of areas of data asymmetry throughout it,” he stated. “It is actually not possible to consider fixing that entire drawback in a single effort, however a place to begin could be to indicate folks one factor that’s happening within the background that they don’t know.”
No matter macro-economic situations, 3LAU has remained steadfast in his assist of cryptocurrency and his newest feedback spotlight his continued conviction in blockchain’s capacity to carry extra fairness and transparency to music.
There hasn’t been a greater time than proper now…
to display crypto’s transformative potential for the music trade…
to profit all who play a task in it, with artists at heart stage!
— 3LAU (@3LAU) November 11, 2024
Comply with 3LAU:
X: x.com/3lau3
TikTok: tiktok.com/@3lau
Instagram: instagram.com/3lau
Fb: facebook.com/dj3lau
Spotify: spoti.fi/3hgZvgI
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