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Daily Journey | S01

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Season 1

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S01.EP007 | Cryptocurrencies and Blockchain in the Creative Economy

In the vibrant Cyber Café “The Block,” Ethan is giving a talk on the impact of cryptocurrencies and blockchain on the creative economy.

He explains how these technologies are not only revolutionizing financial transactions but also offering new opportunities for artists, designers, and creators to protect their rights and monetize their work in unprecedented ways.

introduction

This episode takes us to the heart of the intersection between financial technology and the creative economy, highlighting how cryptocurrencies and blockchain are creating new possibilities for copyright protection, monetization of works, and the emergence of innovative business models.

Practical Examples

NFTs in Digital Art

Artists selling works as Non-Fungible Tokens (NFTs), ensuring authenticity and exclusive rights using blockchain technology.

Learn more about NFTs here.

adidas augmented-reality-sneakers campaign

Blockchain in Music

Platforms allowing musicians to receive direct payments for their work, ensuring fair and transparent profit distribution.

aiva-ai

case study

ArtChain Platform

A revolutionary blockchain-based platform that offers artists tools to register their works, manage copyrights, and receive payments securely and transparently.

Practical Guide in 5 Steps

1

Explore

Explore Get familiar with blockchain and cryptocurrency basics.

2

Investigate

Investigate Look into how artists and creators are using NFTs.

3

Think about

 Consider how you can apply blockchain in your creative field.

4

Engage

Join online communities to exchange knowledge and experiences.

5

Experiment!

Experiment Create a digital project and explore using NFTs.

Further Reading Suggestions

Books

Blockchain Revolution” by Don Tapscott and Alex Tapscott – How the technology behind Bitcoin and other cryptocurrencies is changing the world.

Wrapping Up

Cryptocurrencies and blockchain are opening new pathways for creatives, providing tools for copyright protection, new monetization methods, and the development of innovative business models.

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