Posts

Blockchain Platform to Help Content Creators Earn Fair Pay for Music, Movies, Games, eBooks

Image
Blockchain Platform to Help Content Creators Earn Fair Pay for Music, Movies, Games, eBooks sponsored A decentralized content production and distribution platform will see creative professionals paid royalties that reflect how much work they put into a project. A new decentralized content production and distribution platform is using blockchain to ensure project founders and content creators receive fair compensation for their hard work – helping passionate and talented professionals in creative industries to earn a living. Qravity has created a space that enables visionaries to collaborate more efficiently and profitably when developing monetizable digital media, including movies, video games, music, ebooks, and applications. It will also serve as a marketplace where consumers and distributors can purchase or rent this original premium content. Built on the Ethereum blockchain , the platform uses virtual tokens to securely record every project’s progress and guarantee that every t

How Edgar Allan Poe Inspired a Composer to Build a Blockchain Platform for Creatives

How Edgar Allan Poe Inspired a Composer to Build a Blockchain Platform for Creatives Deep into that darkness peering, long I stood there wondering, fearing, Doubting, dreaming dreams no mortal ever dared to dream before. Lifestyles of the Poor & Famous  On January 29, 1845, Edgar Allan Poe became an overnight sensation with the New York Evening Mirror’s publication of a poem that still thrills and haunts readers , listeners , and viewers to this day. Despite the overwhelming popularity of The Raven, it netted Poe a total of $24; over half of that amount was charity that he received for what may have been a draft. Adjusted for inflation , his literary masterpiece netted him a total of $754.91 in 2018. To put this in a contemporary context, think about an international chart-topping single, say Taylor Swift’s Shake it Off. It’s hard to imagine Ms. Swift selling that track, rights and all, to a record label for a little over $750. The Raven went viral, first in the US, then in

Microsoft to Buy GitHub: Bitcoin Devs Call for Exit

Image
Microsoft to Buy GitHub: Bitcoin Devs Call for Exit Bitcoin core developers are among those reacting angrily to news Microsoft has reportedly acquired GitHub in a deal worth at least $2 billion. Bitcoin Developers Call For GitHub Exit The takeover, which anonymous sources claim should see an official announcement later Monday, has led to multiple calls to remove Bitcoin activity from the code repository. Github had previously stated it would strive to remain independent, even planning an IPO in 2017. The company’s CEO and co-founder Chris Wanstrath resigned in August, with executives “struggling” to find a suitable replacement since, Business Insider reported when it first broke the news Friday. Bitcoin development has traditionally used the website as a global participation environment. Unsurprisingly, news of a corporate takeover failed to impress community figures, who demanded Bitcoin activity be taken elsewhere. “Yes,” Bitcoin core developer Wladimir J. van der Laan wrote on

Monster Inc. Desperately Launching $300 Million ICO

Image
Monster Inc. Desperately Launching $300 Million ICO Monster Inc, the company which notoriously lost out on Beats By Dre headphones , is planning on launching its very own cryptocurrency. The offering is slated to be called the “Monster Money Token,” according to documents filed with the U.S. Securities and Exchange Commission. Monster also plans on revamping its e-commerce website to let users purchase Monster products with the cryptocurrency.  Need Money? Launch an ICO! Monster Inc is launching an initial coin offering (ICO) and a new e-commerce website to help recover losses it’s sustained over recent years. According to an SEC application , the company has lost almost $20 million dollars in the first quarter of 2017, alone. Monster’s solution to its financial woes is to sell ERC20 “Monster Money Tokens.” In an SEC document, the company explains: As we develop Monster Money Network and our backend systems, we intend to utilize the blockchain technology to our marketing, accounti

Huobi vs. Binance: Who Will Invest More in Blockchain Start-ups?

Image
Huobi vs. Binance: Who Will Invest More in Blockchain Start-ups? As blockchain technology continues to gain mainstream acceptance, initiatives to foster the development of promising projects have begun to emerge. These initiatives — called blockchain accelerators or incubators — are becoming increasingly popular, with key figures in the tech world getting involved. Now, popular cryptocurrency exchanges Binance and Huobi are the latest to throw their hats into the ring.  Huobi Steps In: Jointly Launches $93 Million Blockchain Investment Fund Last month, Huobi — currently the third largest cryptocurrency exchange by trade volume  — announced plans to launch a one billion USD blockchain incubator. The project, dubbed “Huobi Labs,” would be a collaborative effort between the popular Asian exchange and Tianya Community Network, a well-known Chinese social media company. While we have yet to see whether or not this potential fund will ever come into existence, Huobi entered into another

Brian Kelly: Ripple Needs More Utility for XRP Prices to Increase

Image
Brian Kelly: Ripple Needs More Utility for XRP Prices to Increase Brian Kelly, the CEO of cryptocurrency trading firm BKCM, believes that investors are missing the bigger picture when it comes to Ripple. Speaking with CNBC, Kelly outlined the potential utility for both the Ripple Ledger and XRP. Ripple’s Utility in the Payments Arena The global payments industry is incredibly massive. Advances in cross-border payments and international banking systems have increased the total addressable market — with BKCM’s Brian Kelly claiming that the size of the internal payments market, alone, is $155 trillion. According to Kelly, it costs about $31 billion to move the entire $155 trillion strong market. Ripple’s core mandate is to be a real-time gross settlement system, currency exchange, and remittance network. Ripple CEO Brad Garlinghouse and the team at Ripple believe that XRP can find significant utility in the payments industry — potentially saving banks up to 60 percent on international

Vitalik Buterin: Sharding and Plasma Could Scale Ethereum by 10,000x

Image
Vitalik Buterin: Sharding and Plasma Could Scale Ethereum by 10,000x Vitalik Buterin has shed some light on the subjects of Sharding and Plasma while essentially suggesting that Ethereum’s network will ultimately be capable of supporting tens of thousands of transactions per second. OmiseGO (OMG) held a holiday special AMA on May 30, which featured Ethereum’s founder Vitalik Buterin. While the entire session was filled with interesting insight, what definitely caught the attention of most viewers were Buterin’s thoughts on Sharding and Plasma — two major improvements to the Ethereum blockchain which are currently under development. As it stands currently, Ethereum’s blockchain can — according to Buterin — support up to 15 transactions per second (TPS). Recognizing that this has become widely inefficient and, for what it’s worth, insufficient, Buterin explained that the team’s concentrated efforts have been to handle what could be a major roadblock for Ethereum’s further development