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2022-05-14 16:27:02 Chainsmokers Share New Album Royalties With Fans via NFT Drop in Music Industry First

The electronic music duo The Chainsmokers are best known for catchy hits like "Closer" and "Paris," but they have also made a name for themselves as Web3 innovators. The latest example comes with the release of their new album "So Far So Good," which will include a drop of 5,000 NFTs that will let fans share in 1% of the royalties.

This is the most high profile example to date of musicians using NFTs to share royalties with fans. While artists like Nas and Diplo have issued royalty-generating NFTs tied to specific songs, this is the first time a band has done so for free for an entire album.In an interview with Decrypt, Taggart and bandmate Alex Pall explained that they identified their most loyal fans, 5000 of whom will receive an NFT, by analyzing data from concert sales, music streams and Discord activity.

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2022-05-13 14:42:02 OpenSea is adding NFT copy detection and verification features

“Copymints” are tokens ripping off other NFTs and have proved to be a problem for platforms like OpenSea. Last year, the platform banned two collections that mimicked Bored Ape Yacht Club NFTs by flipping them so the image is mirrored. And though the owner of an NFT is recorded on the blockchain, fakes are rampant. In February, OpenSea said that over 80 percent of items it removed for violations were created with its free minting tool.

OpenSea says it’s implementing a new two-part copy detection system, noting copies make it harder for users to find authentic content. The company says it will use image recognition tech to scan NFTs on the platform and compare them with authentic collections, looking for flips, rotations, and other variants. OpenSea says human reviewers will also look at removal recommendations.

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2022-05-12 17:13:02 A Mr Bean NFT Collection And We’ve Officially Entered The End Times

Like Han Solo being preserved in carbonite by Jabba the Hutt, the latest fictional character to fall prey to suspended animation via NFT is none other than treasured children’s television icon and anti-hero Mr Bean.

Web 3.0 company FOMO Lab announced the release of a collection of Mr Bean NFT series, which uses Rowan Atkinson’s likeness from the cartoon spin-off show ‘Mr Bean: The Animated Series’. Evoking some sort of doomsday prophecy, the collection will feature exactly 3,333 unique Mr Bean collectables which can be purchased with the cryptocurrency Ethereum.Rowan Atkinson himself has weighed in on the news, calling the collection a “great idea” in a media statement yesterday.

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2022-05-11 15:23:02 Twitter Declares 'Death' of Azuki NFT Collection Following 45% Price Drop

The bold assertion—which was somewhat tongue-in-cheek—follows the release of a blog post from pseudonymous Azuki founder Zagabond, who shared today that he was previously involved in a few lackluster NFT projects that some labeled as “rugpulls.”

NFTs—unique blockchain tokens that signify ownership over an asset—can have volatile price fluctuations, and the Azuki collection on the Ethereum blockchain is no exception.Within hours of Zagabond’s post being published, the Azuki collection’s starting price, or floor price, declined from roughly 19 ETH ($41,800) to about 10.9 ETH ($24,000). But Azuki hasn’t exactly been having the greatest month in terms of floor price, either.

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2022-05-11 10:10:46 Ethereum Miner Revenue Surpassed Bitcoin By $224M in April - Read Full News

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2022-05-10 06:52:02 Ice Cube: NFTs Are the 'Ultimate Fuck You' to Media Gatekeepers

Across 35 years in the entertainment business, Ice Cube has been involved in a wide array of creative projects, including numerous albums, dozens of films, TV shows, and more—even his own 3-on-3 professional basketball league, the BIG3.

That’s why Ice Cube is so excited about NFTs. An NFT works like a blockchain-backed deed of ownership to a digital item. While it can be used for things like social media avatars and sports collectibles, NFTs can also be tapped to fund independent projects, cultivate communities around a shared purpose, and give fans a stake in the success of creative endeavors.

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2022-05-09 10:53:02 Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow

The social media powerhouse won’t charge users for showcasing their crypto art.NFTs from some of the most popular blockchain networks for crypto art are coming to Instagram with the announcement of a pilot as soon as Monday.

The social media powerhouse owned by Meta is planning non-fungible token (NFT) integrations for Ethereum, Polygon, Solana and Flow, CoinDesk has learned. Those networks host the vast majority of trading in digital collectibles, with Ethereum and its Bored Apes leading the way by market cap.The pilot will feature a small group of NFT aficionados based in the U.S. It wasn’t immediately clear whether Instagram would support NFTs from all four chains at launch.

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2022-05-08 12:11:02 NFT project Doodles appoints former Billboard executive as new CEO

Julian Holguin, former executive at Billboard, is the new CEO of Doodles, a community and collection of 10,000 NFTs.“Julian will work alongside the founders of expand Doodles IP through music, gaming, and entertainment, while deeply integrating culture into the product,” Doodles tweeted on Friday afternoon.

Holguin also confirmed the news on his own Twitter account.Last night, Billboard officially announced that Holguin would be stepping down as president. Holguin joined the company in 2012 as Vice President of Brand Partnerships, after previous stints at BBC, NBC, and New York Daily News, according to his LinkedIn. Prior to Holguin’s promotion as president of Billboard in January of last year, he was head of sales and partnerships for MRC Entertainment.

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2022-05-07 20:51:46 455 Million WordPress Websites Can Now Accept Dogecoin.

According to DogeDesigner, a UX/UI specialist and graphic designer at Dogecoin Foundation, millions of WordPress websites can now accept Dogecoin using the WooCommerce plugin "Easy Dogecoin Gateway" built by the Dogecoin developer known as "inevitable360."

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2022-05-07 10:01:02 OpenSea Discord server hacked to promote scam NFT pass

OpenSea's Discord server was hacked to promote a scam, according to tweets from individuals and security firm PeckShield."We are currently investigating a potential vulnerability in our Discord, please do not click on any links in the Discord," tweeted OpenSea on the matter.

It appears that the access was used to promote a scam NFT mint. According to screenshots, an announcement was made in the Discord server that there was a mint pass being offered in collaboration with YouTube. It directed members to go to a website that contained the word YouTube but was not its official website. PeckShield has identified the link as a phishing site.The scam message was shared in the announcements channel. This channel has now been hidden from users.

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