Using Blockchain and Crypto to Jam Out to your Favorite Songs with Current
Current thinks you should be using blockchain and crypto to listen to your favorite songs. The music streaming platform will aggregate popular music services to one platform.
Dan Novaes is the co-founder and CEO of Current. Novaes explains how Current is creating a platform that encourages engagement and a community.
If users share their data with Current, they will be rewarded with CRNC. Current is pursuing an ICO with CRNC in February.
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Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
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