ChainCatcher news, as one of the most anticipated events during Devcon 2024 (November 6-16, 2024, in Bangkok), the WEB3 Elephant Beat Best Electronic Music Festival will be held on November 13, 2024, at 22:00 at Bangkok's top bar, Route 66.This electronic music festival has specially invited heavyweight guests from the global blockchain field, including Ethereum co-founder Vitalik Buterin, XRP CEO Brad Garlinghouse, Aleo CTO Zack Xuereb, Worldcoin CFO Alex Blania, Optimism co-founder Mark Tyneway, and CoinDesk Advisory Board Chair Michael Casey, among other notable figures. Meanwhile, the festival will feature world-class DJs to bring an ultimate electronic music atmosphere to the venue.The WEB3 Elephant Beat Best Electronic Music Festival is not only a grand celebration for the crypto and Web3 community but will also launch rich interactive sessions, on-chain experiences, and lottery games. Currently, nearly 3000+ people have registered for the event, including well-known projects such as Coinbase, DWF Labs, Polkadot, CELO, Algo, Chainlink, 1inch, Aylab, and leading communities. The final number of registrants is expected to exceed 10,000+, including over 1,000+ projects, 200+ VC investment institutions, and hundreds of Web3 KOLs and local influencers from Thailand, with a total fan coverage of over 10 million. It will become one of the top three heavyweight events during Devcon.Through this event, sponsors can not only enhance brand awareness but also engage deeply with industry leaders and explore future collaboration opportunities.Event Details:• Date: November 13, 2024• Location: Route 66 Bar, Bangkok• Key Guests: Vitalik Buterin, Brad Garlinghouse, Zack Xuereb, etc.• Expected Participants: 10,000+

ChainCatcher news, Australian listed music company Vinyl Group has acquired the assets of London-based Serenade, a platform focused on digital and physical collectibles, in a share transaction worth up to $1.6 million.Vinyl Group CEO Josh Simons stated that the company launched its own website last year, aiming to digitally replicate the "crate-digging" experience. This acquisition marks the company's expansion into the UK and European markets while enhancing its product offerings in the digital collectibles space. "Our plan has always been to expand the product offerings on Vinyl.com, including music merchandise, digital collectibles, and experiences that connect fans and creators. Acquiring Serenade is the next step in that process," Simons said.According to the terms of the agreement, Vinyl has prepaid $553,000 in shares, with an additional $1 million contingent on revenue and profit targets.

ChainCatcher news, according to The New York Times, informed sources revealed that musician Sean 'Diddy' Combs is currently being held in the same unit of a Brooklyn prison as cryptocurrency exchange founder Sam Bankman-Fried (SBF).

ChainCatcher news, according to Cointelegraph, the Hedera-based Web3 music platform Tune.FM has completed a $50 million financing round, with participation from Global Emerging Markets.This new investment will be used to provide liquidity for the protocol's JAM token, which is used on the platform to reward artists and users. Previous investors in Tune.fm include LDA Capital, Alpha Token Capital, Block Alpha, Animoca Brands, the HBAR Foundation, and GDA Capital.The platform offers a music streaming service integrated with an NFT marketplace. Artists can earn micropayments for every second of music played, while users can earn tokens by discovering and listening to newly promoted songs.

ChainCatcher news, KOR Protocol, a startup supported by Animoca Brands, has launched a new streaming service called KOR Player. DJs including Joel Zimmerman (better known as deadmau5), Plastkman, Inder Phull, Ben Turner, and Dean Wilson have joined as early supporters.KOR Player enables users to play and remix music using a set of tools, including an intellectual property "sound library" vault for samples uploaded by artists. It also integrates artificial intelligence to verify the source of the music and pay royalties in cryptocurrency.According to a press release, KOR aims to address the gray areas of music copyright law and the use of unlicensed intellectual property in video games, live streaming, esports broadcasting, and other channels that attract large audiences, while providing artists and record labels with new distribution channels to reach fans and monetize their work.

ChainCatcher news, multiple YouTube accounts of Filipino musicians have been attacked to promote an XRP scam, including the well-known local band Ben&Ben, boy band SB19, and musician Rico Blanco. The related scams typically lead victims to phishing websites to obtain funds.

ChainCatcher news, according to Decrypt, the Web3 music platform Stage has completed a $2.4 million funding round, with participation from the Solana Foundation, Kraken US CEO, RR2 Capital, Moonrock Ventures, Cogitent, and others.It is reported that Stage will soon launch the STAGE token on the BNB Chain.

ChainCatcher news, according to reports from Baoliaotai, NetEase Cloud Music Vice President Ding Bo has started his own business in December 2023.It is reported that in 2009, Ding Bo joined NetEase, responsible for music-related content, serving as the chief editor of NetEase Entertainment Center, chief editor of the Music Center, deputy director of the Music Center, and deputy general manager of NetEase Music Division. Information shows that before leaving NetEase Cloud Music, Ding Bo was fully responsible for operational management.According to reports, Ding Bo is dedicated to building a fan-led Web3 music platform, utilizing NFR technology to assetize copyright content, attracting the public to become investors in copyright content, aiming to enhance the financial attributes of digital music copyrights.

ChainCatcher news, Hong Kong Web3 music startup Star Nest announced that it has completed a $6 million Pre-A round of financing, led by Chuangqi International Limited, a wholly-owned subsidiary of the Hong Kong Stock Exchange listed company Guofu Innovation Limited. Star Nest will collaborate with Armonia Meta Chain to develop a metaverse game called Star Nest SpaceStar, which will include music, role-playing, and social features.In addition, Star Nest plans to launch its project representative NEST in the third quarter of 2024. Nest will receive a customized allocation of 2.1 billion NEST tokens for the project. Star Nest aims to build a more complete token economic system for the music industry through the NEST token, which will be widely used for purchasing concert tickets, blockchain game collaborations, metaverse consumption, governance voting, and other aspects.

ChainCatcher news, the first Web3 music festival hosted by Fansland will be held in Bangkok from May 4 to May 5. The event partners include Fantopia, IME, Neo, Neuroblocks, Hape, BAC Games, LingoAI, NOTHING RESEARCH, Transi, Titan Network, Trip.com, Trekki NFT, OneKey, HPOS10I, IOST, NFTGo, Gonesis, and the NFT special support partner BNB Chain.Currently, confirmed performers include PSY, BKPP, Liu Xianhua, Park Chanyeol, Edison Chen, 24KGOLDN, Gen1es, etc., and the final round of NFT tickets is on sale. So far, Fansland has raised nearly ten million dollars from companies such as IME, Linear Capital, Eleve Capital, and Falablock.The Fansland Web3 music festival is the first international music festival to fully adopt an NFT ticketing system and accept cryptocurrency payments, dedicated to building an AI+Web3 decentralized fan economy infrastructure ecosystem ------ Fansland.AI. By hosting music festivals, NFT Ticketing, and AI virtual idol DEX, it aims to reshape the fan economy model and idol cultivation methods.

ChainCatcher news, Gala Games blockchain president Jason Brink tweeted that currently, 6 companies have signed contracts to develop on the Gala Chain. They will utilize the entire GALA ecosystem, particularly the node infrastructure, to redefine their businesses, increase revenue, and reduce costs. The officials are currently providing them with channel access to support their builds, and there are plans to burn some GALA in the future to ensure channel security, after which they can immediately start building.In the next week or so, people will also be able to burn GALA to retain their domain names within the ecosystem. These domain names are currently only available in the GalaChain ecosystem, which will make transactions with other users much easier. Additionally, an updated blueprint for the entire GALA ecosystem and an updated MUSIC white paper are expected to be released this week.

ChainCatcher news, the first new fan economy infrastructure platform combining Web3 and AI technology, Fansland, announced that its inaugural Web3 music festival will be held on May 4 and 5 this year in Bangkok, Thailand. The festival aims to provide global fans with an unprecedented real-world Web3 experience by integrating modern Web3 and AI technologies, promoting the practical application of cryptocurrency in real life, and featuring several top global stars to help popularize Web3, with an expected attendance of tens of thousands of music and crypto enthusiasts.Currently, the Early Bird NFT Tickets for the inaugural Web3 music festival sold out in seconds on March 12. The platform has now integrated twelve major public chains, including BNB Chain, Solana, Polygon, Ethereum, Arbitrum, Optimism, Linea, and Avalanche, providing global fans with an unobstructed entry into Web3.

ChainCatcher message, market data shows that MUSIC briefly touched 0.17 USD before retreating, currently quoted at 0.16735 USD, with a 24-hour increase of 17.77%.

ChainCatcher news, according to market data, MUSIC briefly broke through 0.15 USD, currently quoted at 0.15343 USD, with a 24-hour increase of 18.73%.