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Story of a music NFT platform “OurSong” and What to learn from there

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Our Happy Company’s NFT Platform OurSong Integrates with Circle

Our Happy Company’s NFT Platform, OurSong, has integrated with Circle. This integration will allow users to buy, sell, and trade digital music assets on the OurSong platform using Circle’s USDC stablecoin.

With this integration, OurSong users will be able to transact with greater speed, security, and efficiency. USDC is a dollar-backed stablecoin that is built on the Ethereum blockchain. It is an open-source project that is managed by a consortium of companies, including Circle. This partnership will help us further our mission of making digital music ownership more accessible and trustworthy.

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John Legend’s Our Happy Company Raises $7.5 Million for NFT Music Platform

Our Happy Company, the NFT music platform founded by John Legend, has raised $7.5 million in funding from a group of high-profile investors. The round was led by Andreessen Horowitz, with participation from other notable firms such as Union Square Ventures, GV, and Betaworks. The platform launched in February 2021 and has since been used by a number of artists, including John Legend, TOKiMONSTA, and Grimes. This funding will be used to help Our Happy Company scale its operations and continue to build out its technology platform. With this new capital, the company plans to launch a number of new features and products, including a marketplace for NFT music rights and a wallet for storing and managing digital music assets. Our Happy Company is one of the leading platforms in the burgeoning NFT music space, and this latest round of funding will only solidify its position as a key player in the industry. With its strong team and impressive list of investors, Our Happy Company is well-positioned to continue driving innovation in the world of digital music.

There are lots of music NFT platforms

Music NFT platforms are a dime a dozen these days, with over 50 different music platforms on the market. While some of these platforms have failed, many have had a positive impact on the music industry according to music business sites. These platforms provide a way for artists to sell their music in the form of NFTs, which has helped boost revenue for many. With so many music platforms to choose from, it can be hard to know which one is right for you. However, with a little research, you should be able to find the perfect music platform for your needs.

NFT music is evolving

NFT music is evolving. NFTs, or non-fungible tokens, have been gaining in popularity in recent months, with a number of new platforms emerging to enable their use. One such platform, called Hitpiece, was recently shut down after failing to gain traction. However, the NFT industry is still in its early stages, and there is much potential for growth.

One interesting case is that of OurSong. OurSong is a new platform that allows musicians to sell their songs as NFTs. The songs are stored on the blockchain, and each song has its own unique “OurSong Dollar” that is backed by Ethereum. This means that musicians can earn money from their songs without having to give up any ownership rights.

The OurSong Dollar has already seen some success, and the NFT market has grown dramatically in recent months. With more platforms emerging and more people taking an interest in crypto, it seems likely that the NFT music industry will continue to grow in the coming years.

You don’t need a crypto wallet

You don’t need a crypto wallet to use Oursong. However, if you want to use crypto to buy NFTs or other digital assets, you will need an external crypto wallet. Fortunately, Oursong has partnered with a blockchain platform called circle which has created a USDC stablecoin that doesn’t fluctuate in value as much as other cryptocurrencies. So, if you need to complete a credit or debit card transaction on Oursong, you can convert your Oursong into USDC first and then use that to complete the purchase.

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Why is it necessary to take your business into NFT and Crypto market?

There are many reasons why it might be necessary to take your business into the NFT and Crypto markets. For one, these markets are growing at a rapid pace and show no signs of slowing down. This provides ample opportunity for businesses to get in on the action and tap into new revenue streams. Additionally, the NFT and Crypto markets provide a unique opportunity for businesses to connect with customers and build deeper relationships. These markets also offer a high degree of security and safety for businesses, which is increasingly important in today’s climate. Finally, the NFT and Crypto markets offer a great deal of flexibility and customization, which can be very beneficial for businesses that are looking to stand out from the competition.

 

I am Sayan Chowdhury, a Web 3.0 and Blockchain Consultant at GrowGlobal.IO. GrowGlobal is breaking dimensions in the field of blockchain and crypto by creating solutions that allow local businesses to reach the world. First prize winners in the KardiaChain global hackathon and working in building the world’s first Unified Crypto Interface protocol. If you wish to explore the opportunities of Blockchain and NFT-enabled services for your business with us, click here (http://growglobal.io/contact-2)

security

Is it worth learning blockchain skills or becoming a blockchain developer in 2022?

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What is blockchain?

The blockchain is a distributed database that allows for secure, transparent and tamper-proof record-keeping. blockchains use cryptography to ensure that each transaction is unique and cannot be altered. The technology behind blockchains has the potential to revolutionize many industries, including finance, healthcare, supply chain, and more.

Why there is so much hype around blockchain technology?

Blockchain technology is often lauded as a game-changing innovation that has the potential to revolutionize a wide range of industries. But what exactly is blockchain, and why is there so much hype around it?

A blockchain is a digital ledger that records transactions in a secure, decentralized way. This means that no single entity (such as a bank or government) can control or tamper with the data. Blockchain is often compared to a digital “vault,” where information can be stored securely and privately.

One of the key advantages of blockchain is that it enables smart contracts. A smart contract is a self-executing contract that can automatically enforce the terms of an agreement between two parties. This could potentially eliminate the need for intermediaries (such as lawyers or banks) in many transactions.

Another reason for the hype around blockchain is that it has the potential to disrupt traditional business models in a number of sectors. For example, in the banking sector, blockchain could reduce costs and make it easier for customers to send and receive payments. In the healthcare sector, blockchain could be used to securely store patient data and streamline insurance claims.

What does a blockchain developer do?

A blockchain developer is a software developer who specializes in developing decentralized applications (dApps) and smart contracts on the blockchain. Blockchain developers use blockchain technology to create new applications that can be used to track and store data in a secure, decentralized manner. Some common applications of blockchain include cryptocurrency exchanges, supply chain management, and voting systems.

What are the benefits of a career in blockchain?

The benefits of a career in blockchain are numerous. Blockchain is a rapidly growing industry with immense potential. Professionals in blockchain have the opportunity to be at the forefront of a revolutionary technology that has the potential to change the way the world does business. Additionally, careers in blockchain offer high salaries and ample opportunities for growth. With the right skill set, professionals in blockchain can enjoy successful and rewarding careers.

What skills are needed for a career in blockchain?

There are a few key skills that are needed for a career in blockchain. Firstly, it is important to have a strong understanding of the technology behind blockchain and how it works. Secondly, it is helpful to have experience in programming and coding, as this will be necessary for developing blockchain applications. Finally, it is also important to have strong analytical and problem-solving skills, as this will be useful for identifying potential issues and resolving them.

How to become a blockchain developer from scratch?

In order to become a blockchain developer from scratch, one would need to first understand the basics of blockchain technology. A blockchain is essentially a digital ledger that is used to record transactions made in cryptocurrencies. Bitcoin, for example, is a decentralized cryptocurrency that uses a blockchain to record all of its transactions. Blockchains can also be used for other purposes beyond recording transactions, such as for creating decentralized applications (dApps).

To become a blockchain developer, one would need to learn how to code and build decentralized applications. There are many online resources that can be used to know how to do this, such as the Ethereum Developer Portal. Once someone has learned the basics of coding and building dApps, they can start working on developing their own blockchain use cases or contributing to existing projects.

What are the job prospects for a career in blockchain?

The job prospects for a career in blockchain are very good. The demand for blockchain experts is growing rapidly, and there are many opportunities for talented individuals with the right skill set. There are a number of different types of jobs available in the blockchain space, ranging from developers and engineers to project managers and marketing specialists. With the right skills and experience, there is no limit to what you can achieve in this exciting and rapidly growing industry.

How much can a blockchain developer earn?

Experienced developers can earn an annual salary of $85,000 USD. However, salaries for blockchain developers can vary widely based on experience, skillset, and location. For example, a blockchain developer in New York City may earn a significantly higher salary than a blockchain developer in a small town. Annual salaries for blockchain developers can range from $70,000 to $200,000.

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What Programming languages do blockchain developers use?

It’s estimated that by 2022, blockchain developers will number 18 million. And coding languages like web3 and programming languages like Python are becoming more popular among these developers. However, blockchain developers use a variety of coding languages, often depending on the type of blockchain they’re developing for. For example, Ethereum smart contract development often relies on Solidity, while Bitcoin developers often use C++.

How Do You Learn Blockchain?

There is no one-size-fits-all answer to this question, as everyone learns differently and at different speeds. However, there are some general tips that can help you learn blockchain technology faster and more effectively.

First, it is important to find good resources that explain the concepts in simple terms. There are many excellent books, articles, and online courses that can introduce you to blockchain technology.

Second, it can be helpful to talk to other people who are already involved in the space. You can learn a lot by asking questions and listening to experienced developers discuss the technology.

Finally, don’t be afraid to get your hands dirty and experiment with building your own blockchain applications. The best way to learn is by doing, so jump in and start building!

 

I am Sayan Chowdhury, a Web 3.0 and Blockchain Consultant at GrowGlobal.IO. GrowGlobal is breaking dimensions in the field of blockchain and crypto by creating solutions that allow local businesses to reach the world. First prize winners in the KardiaChain global hackathon and working in building the world’s first Unified Crypto Interface protocol. If you wish to explore the opportunities of Blockchain and NFT-enabled services for your business with us, click here (http://growglobal.io/contact-2)

 

marketplaces

What is Web 3.0 and how it can change your business?

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The World Wide Web’s third generation is known as Web 3.0. As a result, it is the replacement for Web 2.0, which is how we currently access the internet. Web 2.0 has transformed the earlier internet era throughout the last 15 to 20 years (the 1990s and 2000s). Web 2.0 offered dynamic web pages, social connectedness, user-generated content, and other features, whereas Website 1.0 had static web pages and server file systems. It goes a step further in Web 3. Web 2.0 is characterized, for instance, by cloud-driven computing, social networks, and mobile-first technologies. However, Web 3.0 is defined by edge computing infrastructure, AI-driven services, and decentralized data architecture.

It is not only to get amazed, Web 3.0 has some useful features, which can bring revolution in business operations.

Enhanced Privacy: Web 3.0 gives users control back over their personal data. One of the most serious concerns that people have with the current internet structure is the complete lack of privacy or control over personal data. In fact, according to a 2019 survey, at least 90% of global users had at least one concern about their data privacy.

Blockchain’s decentralized ledger technology breaks larger companies’ monopolistic grip on user data while also fostering transparency due to its open nature. In other words, each user’s data will be kept separately. It will not be stored in a centralized company database.

Decentralized Finance: Web 3.0 offers exciting financial opportunities to businesses worldwide. It’s no secret that cryptocurrency has made an impact on both the average consumer and business over the last decade. That influence is only going to grow in the future.

By eliminating or reducing the need for banks, businesses can use crypto tokens such as Ethereum or Bitcoin for global transactions. This is especially significant for international industries moving large volumes, as transactions can now take place in minutes rather than being held up by multiple banks.

Implementation of AI & ML: A combination of artificial intelligence and machine learning has emerged as a key pillar upon which Web3 is built. The internet is reaching new developmental heights thanks to lightning-fast processing and advanced algorithms that allow computers to understand information in the same way that humans do. We can already see the power of AI on Wall Street, where machines are making more trades and providing front-end support.

Security: The enhanced security of the blockchain is by far one of the most significant opportunities for businesses in Web3. Web3’s decentralized and distributed data serves as an effective deterrent to traditional cybersecurity attacks. A Distributed Denial of Service (DDoS) attack, for example, is one of the most serious current threats to user privacy in Web 2.0. This attack involves sending a massive amount of data, or pings, to a single server in an attempt to bring it down.

The blockchain is Web 3.0’s most powerful defense against such attacks. Without a single point of attack to focus on immediately, hackers find it more difficult to steal your data and bring your business down.

Businesses that are slow to update their digital infrastructure, on the other hand, may become increasingly vulnerable.

Source: affinidi.com

With these interesting features, it is important to know how Web 3.0 and blockchain technology can help you to grow your business.

Moving from Web2 to Web3 will give you an edge in some fields.

Interoperability: Numerous programs are bound to a specific OS (operating system). For instance, some native iOS apps cannot be run on Android by Google. Similar to Linux, Windows may impose limitations on software that might otherwise function there. To accommodate each operating system, businesses must now produce different versions of their software.

Web 3.0 addresses this issue with decentralized applications (Dapps). These applications use peer-to-peer nodes to run on the blockchain (servers). These applications can operate on any platform, which reduces costs and improves scalability.

Security: People worry about the security of their internet data. Additionally, it would be foolish for firms to disregard the rising demand for safer data storage.

Web 3.0 can assist businesses with data storage security and breach prevention. Information is stored in data chunks on a blockchain that connects a huge number of machines. Hackers would need to gain access to every machine in the network, which is tough and inefficient.

NFT: Only those living under rocks haven’t heard of NFTs despite all the commotion. Digital assets maintained on the blockchain are known as Non-Fungible Tokens (NFTs). Any digital asset, including audio, video, and photos, can be an NFT.

NFTs have gained popularity in the gaming industry, but businesses can take advantage of this edge to increase earnings. To generate interest in and anticipation for the debut of a product, your company may release an NFT linked with that product.

Expansion: While international business has grown, it has yet to reach its full potential, due in part to restrictions on cross-border commercial activity.

Web 3.0 promotes a borderless and frictionless business approach. Users of token payment systems can transfer money quickly and pay for your services without the delays associated with traditional banks.

Source: seoexperts4all.com

Conclusion: Web 3.0 will provide numerous opportunities for businesses to ride the wave of this emerging technology. Companies that embrace Web 3.0, the blockchain network, smart contracts, cryptocurrency, and the Metaverse will have an advantage over their competitors in banking, healthcare, automotive, logistics, insurance, gaming, social media, manufacturing, and other industries.

I am Sayan Chowdhury, a Web 3.0 and Blockchain Consultant at GrowGlobal.IO. GrowGlobal is breaking dimensions in the field of blockchain and crypto by creating solutions that allow local businesses to reach the world. First prize winners in the KardiaChain global hackathon and working in building the world’s first Unified Crypto Interface protocol. If you wish to explore the opportunities of Blockchain and NFT-enabled services for your business with us, click here (http://growglobal.io/contact-2)