Will Blockchain Really Save Music? | MUSIK !D TV NEWS
Ujo Music made an effort to put music on Blockchain another time. Nest HQ, a dance music site accompanied by Skrillex and his label OWSLA, has posted a short video called “Blockchain & the Music Industry.” The video is six and a half minutes long.
Ujo Music joined Imogen Heap for a 2015 single, “Tiny Human” on the Ethereum blockchain. The song sold 222 copies with earnings of $133.20, even though it was highly promoted. Afterwards, Ujo Music apologized and confessed that they’d analyzed anything of what they were attempting to do after the song.
“We are but a few bright-eyed technologists with a special hammer, looking for the right nail.” – Ujo Music.
Ujo Music reappeared with a new DJ and record producer, RAC, who dropped an album EGO through Ujo in July.
What do you guys think? Let us know in the comment section down below.
