• eMusic launches digital token
    Alt coins

    eMusic led the way with MP3 downloads. Can it do the same on blockchain?

    The 22-year-old music company has launched digital tokens so artists are fairly compensated when songs are bought… but there are a few drawbacks

    eMusic was one of the first companies to bring song downloads to the internet—now, it’s attempting to be a trendsetter once again by embracing blockchain.

  • music
    Alt coins,  Media

    Blockchain strikes a chord with the music industry

    eMusic latest to announce token, decentralized platform for artists to get tunes into headphones

    Jared Bowser was brushing his teeth, about to leave for a concert, when he heard a knock at the front door. The 19-year-old still lived with his parents. His mother, the only other person home, answered the door and walked back to the bathroom. “Her voice was the crying, shaky kind,” Bowser said. “She asked me ‘Jared, why is the FBI at the door?’” Two agents dressed in black suits with leather bound portfolios sat at the kitchen table and asked about five songs by musician Ryan Adams they said Bowser shared on the internet. The songs had not yet been released, but Bowser had copies thanks to a friend…