The Definitive Guide to Music, Crypto and NFTs
Did you know that the average American listens to four hours and five minutes of audio every single day? This is broken down into broadcast radio (52% - visualize on screen, don't read out loud), owned music like CDs, Vinyls and music downloads and more (20%), streaming services (12%), satellite radio (8%), podcasts (2%) and others like audiobooks (2%).
With audio consumption extremely accessible to most people, it is no surprise that the music industry is worth $57B.
With so much money floating around the music industry, one might be safe to assume that musicians are drowning in cash.
However, the hard truth is that it is brutally hard for most musicians to make money in the streaming era. It is estimated that the average, working musicians make a gross salary of $30,200 a year. The average American wage for 2022 is $53,490. Artists get paid fractions of a penny per stream, and plenty of artists make nothing at all.
What if crypto had the ability to change that?
On today’s CoinMarketCap episode we dive deep and explore the intersection between crypto and music:
3
views
Is a DAO better Than a Corporation? [ LLC or DAO ]
Decentralized Autonomous Organizations
DAOs have been the talk of Cryptown for the past few months, and I can’t stop but wonder,
What would happen if entrepreneurs the world over started launching new businesses as DAOs instead of corporations or partnerships?
Would the next Elon Musk or Jack Dorsey, or Mark Cuban start up a DAO rather than a corporation?
And if they do….
Why would they do it and how different would our world eventually become?
That’s exactly some of the questions we are going try to answer on today’s CoinMarketCap episode
Is a DAO better than a Corporation?
16
views
How Would the Introduction of CBDCs Affect DeFi?
After nearly a decade on the sidelines, governments, led by their apex banks, are now preparing to plunge into the blockchain space with central bank-issued digital currencies.
From barter to banknotes and now to Bitcoin, humanity’s systems of value exchange and transfer of assets have been dramatically transformed over the past two centuries. Today, the advent of cryptocurrencies and blockchain technology further underlines our innate need to carry out transactions and access essential financial services ever more efficiently.
1
view
Are Algorithmic Stablecoins Safe?
In the search for stability on the blockchain, a wide variety of stablecoin models have emerged — each of which has its pros and cons. While fiat-backed stablecoins remain the most dominant, a new wave of algorithmic stablecoins has emerged in recent years, each of which hopes to provide a more decentralized price-stable asset.
Algorithmic stablecoins are different from simple asset-backed stablecoins in that they generally rely on algorithms, game theory and economic incentives to maintain their peg. This means they don’t need to rely on centralized issuers and treasuries to maintain their value but also leaves them potentially vulnerable to economic attacks — making it easier to knock them off peg.
On today's CoinMarketCap episode we are taking a look at Algorithmic Stablecoins.
2
views
Could We Use Blockchain Voting for National Elections?
We’ve been voting using paper ballots since before the birth of Jesus.
2,000 years later, things haven’t really changed, so what if we found a faster, easier way to vote.
What if we voted… using blockchain?
On today's CoinMarketCap episode we explore the benefits and drawbacks of blockchain voting and examine some real-world trials of it.
Make sure to check the timestamp below to easily navigate this video:
2
views
Is Ray Dalio is WRONG About The Changing World Order? [ Could Crypto Disrupt The Big Cycle? ]
Have you watched Billionaire Investor Ray Dalio’s video about the Changing World Order?
In it, Ray describes a Big Cycle which explains the rise and fall of all the great empires over the past five hundred years.
It’s a fascinating video, with mostly positive reviews. However…
The crypto community noticed that Ray Dalio overlooked a ground-breaking and revolutionary technology. A technology that could change the way the world economy works.
We’re talking, of course, about Bitcoin.
Which is why today, we’re diving deep into Dalio’s Big Cycle and examining the ways cryptocurrencies could shatter this “Big Cycle” for good.
Why is Ray Dalio Wrong About The Changing World Order
5
views
How Can Cryptocurrencies Be Frozen on a Blockchain?
The maxim of “not your keys, not your crypto”, is well-known in the cryptocurrency space — and many cryptocurrency users and investors count on this fact when taking custody of their own assets.
It is widely thought that if you take control of your private keys, you will always retain control of your assets, and hence, cannot be subject to censorship. But recent events have proven that this isn’t always the case.
Indeed, you might be surprised to find out that not only is it technically feasible to freeze assets held in an external wallet, but also relatively common. But, unless you’re involved in major criminal activity, the odds of it happening to you remain low.
Despite this, it is wise to familiarize yourself with this relatively unknown phenomenon. Here, we dispel the myth that cryptocurrencies cannot be frozen on-chain.
1
view
How to Create a DAO - The Definitive Guide
You've probably heard a lot about DAOs.
But have you ever thought about creating one?
If you have, but not sure where to start, this is your DEFINITIVE guide on how to create a DAO!
We will go over all the things you MUST know, before creating one:
1
view
What're Crypto Regulations? [ Crypto Regulations Explained ]
Regulation is a bit of a scary word in the world of crypto right now.
But is all regulation actually bad for crypto?
And how are the biggest economies like America, China, and the EU regulating crypto?
On this week’s episode of CoinMarketCap, we’re taking a deep dive into what crypto regulation is, how it works, and what it means for all you crypto HODLers out there.
Cryptocurrencies have gone from being a speculative investment to a fundamental part of a balanced investment portfolio.
Today, 16% of Americans invest in, trade, or use crypto, according to Pew Research.
So it’s hardly surprising that governments around the world are pondering how best to regulate the growing crypto space.
As you’ve no doubt seen by now, individual countries have taken varying approaches to regulating crypto with unpredictable consequences.
The UK’s regulators, for example, allow British citizens to buy and hold as much crypto as they want, but have cracked down on advertisements for cryptocurrencies and platforms.
China, on the other hand, has criminalised cryptocurrency transactions and crypto mining across the country.
To help you navigate the regulations heading toward cryptocurrencies, we’ve put together this video, where you’ll learn about:
What we mean by crypto regulation.
Which methods officials are using to regulate crypto?
And whether regulation is necessarily all bad for crypto.
Make sure to check the timestamps below, to better navigate the video.
3
views
What's a Crypto Wallet? Crypto Wallets for Beginners 2022
Crypto Wallets for Beginners 2022: What is a crypto wallet? What is the safest way to store your crypto? What is the difference between a hot wallet and a hardware wallet? What are the top crypto wallets?
All of these questions and more, will be answered on today’s episode of CoinMarketCap’s Tuesday Tutorial, where we make it easy for you to get the most out of all the crypto tools out there.
Why do we use a crypto wallet?
When you keep it on an exchange, you give up your private keys, and as the saying goes "not your keys, not your crypto.”
In such a case, you put all your trust in that exchange’s team and security level, and as technology is advancing rapidly, so are hackers’ capabilities. No matter what security verification process and policies that exchange implements, there is always a risk of it getting hacked. You may end up losing all your coins or tokens.
Enter the alternative: A cryptocurrency wallet is essentially a software application that allows the user to store, track, send, and receive coins on the blockchain, just like a bank account.
Along with the pros of having a crypto wallet, there are some cons too, make sure to watch out for those in the video.
10
views
Nigel Farage: Bitcoin Has a 'Great Future' & More!
🔵 CoinMarketCap Daily:
• Nigel Farage: Bitcoin Has a 'Great Future' — and UK Should Become a Crypto Hub
Speaking to CoinMarketCap, the former politician said he's against CBDCs, and called on Bitcoiners to educate politicians so "sensible regulation" is achieved.
6
views
What's Bored Ape Yacht Club? [ BAYC Explained Simply ]
What is Bored Ape Yacht Club?
Amidst the growing NFT craze taking the internet over by storm, you have probably come across the JPEG of a bored-looking ape as the Twitter avatar of certain celebrities. The name of the JPEG is also, not surprisingly, Bored Ape Yacht Club. The NFT collection, which up until April 2021 has sold NFTs for as low as 0.08 ETH (that’s $247 us dollars), reached total sales of 1 billion dollars in January 2022.
With the identities of the owners recently unveiled by Buzzfeed in a controversial report, NFTs from the collection have made it into the possession of many A-List celebrities. From the likes of Eminem to Steph Curry, countless celebrities have bought into the NFT hype and purchased JPEGs from Bored Ape Yacht Club for as high as over 2 million dollars.
How Did Bored Ape Yacht Club Become the Most Popular NFT Collection to Exist?
CoinMarketCap takes a deep dive into the most popular NFT collection to find out the rationale behind its fame.
11
views
What's The OneCoin Scam? - The Dazzling Story of the Biggest Crypto Ponzi in History
The Biggest Ponzi Scheme EVER?
OneCoin scam is accused of defrauding users of between $4 and $15 billion.
How did they do it? Who was behind OneCoin? And what happened to the scammers?
On today’s CoinMarketCap episode we break down the OneCoin scam and how it operated. Make sure to check the timestamps below to easily navigate the video.
2
views
What's The Future of Cryptocurrency Mining?
Bitcoin and crypto mining has evolved since the days of CPU mining, but what does the future holds for this growing industry?
🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos!
🔵 Coin Market Cap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.
4
views
Everything You Need To Know About the Ethereum Merge: Misconceptions Debunked
Description
Everything You Need To Know About the Ethereum Merge: Misconceptions Debunked
CoinMarketCap
195
Likes
7,965
Views
6 Sept
2022
The Ethereum mainnet will undergo a drastic change over the coming weeks. It will merge with the Beacon Chain and fully transition into a proof-of-stake (PoS) consensus mechanism, rather than the proof-of-work (PoW) one that the current mainnet uses.
Furthermore, The Merge will pave the way for crucial future network upgrades, including sharding for better scalability and reducing energy consumption.
As the activation of The Merge draws near following the successful implementation of PoS on the final Goerli testnet — currently slated for Sept. 15, 2022 — people have many questions regarding this crucial change to Ethereum.
More importantly, there are a few misconceptions that need to be cleared up. There is a lot to understand, yet it can be tricky to find a comprehensive answer. As such, we will explore pressing questions and debunk misconceptions about The Merge in this article, to offer clarity about this major Ethereum event.
1
view
What Is Options Trading in Crypto? The Most Important Terms Explained
In the past year, crypto options have become more mainstream.
Although the tool was mostly used by professional traders previously, more retail traders have started to experiment with it now, causing crypto options to rise in popularity as well.
On today's CoinMarketCap episode, we dive into the basics of options and explain its types:
2
views
What are Lockdrops? [ The Beginner's Guide to Lockdrops
You may be familiar with airdrops, but even many crypto-savvy users have never heard of or even participated in a lockdrop.
Lockdrops are the nerdier, less popular, but more effective cousin of airdrops. This beginner's guide will explain why investors and protocols should pay more attention to lockdrops and why you could hear much more of them in the future.
3
views
What Is Move to Earn? [ STEPN, FITFI & WIRTUAL Explained ]
As you might have guessed, move to earn platforms provide users with rewards for keeping fit, unlocking an additional income stream for participating in their usual exercise activities, or taking part in specific fitness-related challenges. It comes off the trend of play-to-earn — where users are rewarded, in cryptocurrency, for playing these games.
The term move-to-earn was coined and first popularized by the Web3 lifestyle app known as STEPN in September 2021, and has since been adopted by a variety of other apps that reward users for their activity.
Sounds too good to be true? Well, there’s a catch. In the vast majority of cases, users need to fork out a significant amount of money to begin earning. Nonetheless, under the right circumstances, move-to-earn applications could provide an intriguing opportunity to generate income, and might motivate users to increase their physical activity.
Here, we take a closer look at the move-to-earn landscape as it stands, and examine some of its biggest players.
8
views
Crypto Debit Cards - The Definitive Guide
Spending Bitcoin, Ethereum and Litecoin can be really hard in the real world.
Why can't I pay for a cappuccino with my cryptocurrency?!
It's sad but true that few shops and websites accept digital currencies right now.
There are several reasons for that.
Retailers might be worried about exchange rates, find the technology too difficult to understand, or think demand for BTC transactions is low. Thankfully, we're starting to see new products pop up that solve all these problems — giving thirsty crypto enthusiasts some caffeination, and helping businesses offer digital assets as a payment method.
Their name?
Crypto debit cards.
On today's CoinMarketCap Tuesday Tutorial we will cover everything from:
"What Crypto Debit Cards are?" to "What's the Point? Why Not Use My Normal Visa Card?" and go over a few cards you can apply for right away!
2
views
What's Decentralized Science? [ DeSci Explained ]
Imagine a world where patients and their families can directly fund scientists developing the next breakthrough drug or treatment that they need.
A world in which drug development is a collaborative, open, and decentralized process.
Such a future is not only possible, but the decentralized science movement is making it a reality. Through blockchain, crypto, and NFTs of course.
And that’s exactly what we are going to uncover on today’s CoinMarketCap episode:
44
views
What is Web 3.0?
What is Web 3.0? Is it really the future of the internet?
And will it really challenge the tech giants such as Facebook and Google?
On today’s CoinMarketCap episode, we will discover what Web 3.0 is.
How it came to be, what the future holds and more importantly, how it will revolutionize the world we live in!
7
views
What Is Sweat Economy? The Move to Earn Application and Fitness Ecosystem
What Is Sweat Economy? The Move-to-Earn Application and Fitness Ecosystem
Keeping fit is, without a doubt, one of the best ways to improve health and happiness. It’s unusual then, that so many people struggle to maintain their physical activity.
The move to earn paradigm recently emerged as a potential solution to the problem. By rewarding people with digital tokens, a variety of move-to-earn apps have looked to make fitness more attractive and rewarding.
But until now, none have managed to garner a mainstream audience or sustain its growth long-term. Sweat Economy is looking to change this, by making move-to-earn more accessible, intuitive, and most importantly, sustainable.
Description
What Is Sweat Economy? The Move to Earn Application and Fitness Ecosystem
CoinMarketCap
154
Likes
3,589
Views
11 Oct
2022
What Is Sweat Economy? The Move-to-Earn Application and Fitness Ecosystem
Keeping fit is, without a doubt, one of the best ways to improve health and happiness. It’s unusual then, that so many people struggle to maintain their physical activity.
The move to earn paradigm recently emerged as a potential solution to the problem. By rewarding people with digital tokens, a variety of move-to-earn apps have looked to make fitness more attractive and rewarding.
But until now, none have managed to garner a mainstream audience or sustain its growth long-term. Sweat Economy is looking to change this, by making move-to-earn more accessible, intuitive, and most importantly, sustainable.
00:38 - What Is Sweat Economy?
1:45 - How Does Sweat Economy Work?
4:02 - What Makes Sweat Economy Unique?
06:23 - Who Created Sweat Economy?
7:28 - SWEAT Token Utility and Tokenomics
9:27 - Does Move to Earn Have a Future?
🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos!
🔵 Coin Market Cap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.
📲 Download our app!
IOS : https://apple.co/3dOkokH
Android : https://bit.ly/3gHyJkS
🤝 Join CoinMarketCap!
https://bit.ly/3dVaEoS
Follow CoinMarketCap on social!
https://twitter.com/CoinMarketCap
https://www.facebook.com/CoinMarketCap
https://www.instagram.com/CoinMarketCap
https://reddit.com/r/CoinMarketCap
https://t.me/CoinMarketCap
📩 Subscribe to our Newsletter!
https://coinmarketcap.com/newsletter/
7
views