Blockchain
World’s first King Of Pop NFT launches on Luxury NFT Platform
UK based NFT Platform has partnered with songwriter Gil Cang, co-writer of the song “Whatever Happens”, which was included in album “Invincible” to be able to offer a stake of his 37.5% publishing copyright in the song.
Deliciae will exclusively market the NFT which offers the buyer a 10% of net music publishing income from the song, which equates to 26.6666667% of Gil’s entitlement.
This is a landmark moment for the NFT market and for newly established Deliciae. Founder of the platform, Seyi Awotunde, launched the platform after finding a gap in the market for a high-end marketplace to exhibit luxury artworks, vehicles, and 18ct gold membership cards. “I noticed many platforms that felt reminiscent of Ebay/Amazon – many of whom have done very well. The NFT space lacked a platform dedicated to the opposite end of the spectrum. Amongst collectors and creators there is a strong desire to enhance the buying experience of NFTs. We connect high net worth individuals with digital, physical and experiential based NFTs”
The “Whatever Happens” NFT will give the opportunity to the buyer to receive a long term residual income from their 10% share of the music publishing copyright in the song. Being the first NFT released that is associated with Michael Jackson’s music career is a pivotal moment in the crypto market. As well as a share to the rights of the song the buyer will also receive handwritten, signed lyrics from Gil Cang along with a framed platinum disc, all of which is fully authenticated.
Seyi Awotunde “As a massive Michael Jackson fan, it’s an honour to be working on such an historic NFT that is a slice from MJ’s last living album . The Invincible album sold over 8 million copies world-wide. This NFT being sold on Deliciae fills me with joy that I can’t express in words.”
“NFTs really exploded from obscurity to becoming Collins Dictionary’s word of the year for 2021. I feel the UK is perfectly positioned to be a leader in this exciting space with so much creativity, culture and talent to offer.”
Gil Cang: “The idea for selling a percentage of ‘Whatever Happens’ came about because I was talking about NFTs with a friend Kwame Kwaten. I think the future involves the breakdown of all big corporations controlling art forms and that is of interest to people.”
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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