{"id":445,"date":"2024-11-19T04:31:38","date_gmt":"2024-11-19T05:31:38","guid":{"rendered":"http:\/\/dieng.me\/?p=445"},"modified":"2024-12-26T05:35:40","modified_gmt":"2024-12-26T05:35:40","slug":"3lau-says-crypto-could-be-transformative-force-for-music-industry-in-2025","status":"publish","type":"post","link":"http:\/\/dieng.me\/index.php\/2024\/11\/19\/3lau-says-crypto-could-be-transformative-force-for-music-industry-in-2025\/","title":{"rendered":"3LAU Says Crypto Could Be “Transformative” Force for Music Industry In 2025"},"content":{"rendered":"

3LAU<\/a> is calling for a critical rethink of the music industry, one shaped by the promise of blockchain<\/a> technology.\u00a0<\/p>\n

The trailblazing music entrepreneur and DJ took to X to share his forward-looking view on cryptocurrency\u2019s impact.<\/p>\n

“There hasn\u2019t been a better time than right now,” he wrote,” to demonstrate crypto\u2019s transformative potential for the music industry\u2026 to benefit all who play a role in it, with artists at center stage!”<\/p>\n

The conversation around crypto’s role in music arrives at a delicate juncture. Bitcoin and other major cryptocurrencies are on a bull run, with Bitcoin recently crossing the $91,000 mark and altcoins like Ethereum and Solana posting similarly significant gains.<\/p>\n

Speaking with EDM.com<\/a> <\/em>in July 2023, 3LAU explained\u00a0that blockchain tech can address deep-rooted inefficiencies in the music industry.\u00a0His focus is on fostering a system where artists can retain greater ownership and visibility into their earnings\u2014a vision he has consistently pursued since launching Royal.io, a platform at the forefront of the tokenized music industry.<\/p>\n

“The music business has tons of areas of information asymmetry across it,” he said. “It’s really impossible to think about solving that whole problem in one effort, but a starting point would be to show people one thing that\u2019s going on in the background that they don\u2019t know.”<\/p>\n

Regardless of macro-economic conditions, 3LAU has remained steadfast in his support of cryptocurrency and his latest comments highlight his continued conviction in blockchain’s ability to bring more equity and transparency to music.\u00a0<\/p>\n

\n

There hasn\u2019t been a better time than right now\u2026<\/p>\n

to demonstrate crypto\u2019s transformative potential for the music industry\u2026<\/p>\n

to benefit all who play a role in it, with artists at center stage!<\/p>\n

\u2014 BLAU (@3LAU) November 11, 2024<\/a><\/p><\/blockquote>\n

Follow 3LAU:<\/h2>\n

X: <\/strong>x.com\/3lau3<\/a>
TikTok: <\/strong>tiktok.com\/@3lau<\/a>
Instagram: <\/strong>instagram.com\/3lau<\/a>
Facebook: <\/strong>facebook.com\/dj3lau<\/a>
Spotify: <\/strong>spoti.fi\/3hgZvgI<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

3LAU is calling for a critical rethink of the music industry, one shaped by the…<\/p>\n","protected":false},"author":1,"featured_media":447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry"],"_links":{"self":[{"href":"http:\/\/dieng.me\/index.php\/wp-json\/wp\/v2\/posts\/445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/dieng.me\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/dieng.me\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/dieng.me\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/dieng.me\/index.php\/wp-json\/wp\/v2\/comments?post=445"}],"version-history":[{"count":1,"href":"http:\/\/dieng.me\/index.php\/wp-json\/wp\/v2\/posts\/445\/revisions"}],"predecessor-version":[{"id":446,"href":"http:\/\/dieng.me\/index.php\/wp-json\/wp\/v2\/posts\/445\/revisions\/446"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/dieng.me\/index.php\/wp-json\/wp\/v2\/media\/447"}],"wp:attachment":[{"href":"http:\/\/dieng.me\/index.php\/wp-json\/wp\/v2\/media?parent=445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/dieng.me\/index.php\/wp-json\/wp\/v2\/categories?post=445"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/dieng.me\/index.php\/wp-json\/wp\/v2\/tags?post=445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}