World's First Tokenized Song: You can be a part of itsteemCreated with Sketch.

in #news7 years ago (edited)

There is no doubt that Blockchain is revolutionizing many industries. Smart contract utilizes this blockchain techonology and provides a way to exchange assets without the middle man. Songwriter and Digital storyteller Taryn Southern is creating the world's first tokenized song using an Ethereum smart contract. The news was announced during Ethereum summit last week in San Francisco.

What is this tokenized song?

Lets consider the usual scenario: Artists rely on Big music studios and the studios benefit from Artist's financial dependency. Now with Ethereum smart contract, Big music Studios can be avoided and fans can benefit from the revenue. TrustToken makes it easy for Taryn Southern to issue blockchain based token which gives a token holder a beneficial ownership and equity rights in the new work.

If you want to be a part of creating the world's first ever tokenized song then you can do it by signing up by Nov 11 by going to their website http://taryn.trusttoken.com/

Disclosure: TrustToken is working in partnership with Futurism’s Agency. This content is not sponsored, and they had editorial review privileges on this article.

Source:
http://taryn.trusttoken.com/
https://futurism.com/help-make-worlds-first-tokenized-song/

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This is very interesting. It sparks more ideas in my head-thanks! And thanks for a previous upvote on one of my post!
~bluerocktalk🖖

you are most welcome :-)

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://futurism.com/help-make-worlds-first-tokenized-song/