Napster To Launch A Decentralized Music Ecosystem On Algorand

Twitter icon  •  Published 1개월 전  •  Hassan Maishera

The Algorand team announced via Twitter on Wednesday that Napster is set to launch a decentralized music ecosystem on its blockchain.

The Algorand team announced via Twitter on Wednesday that Napster is set to launch a decentralized music ecosystem on its blockchain. Napster is a decentralized music streaming platform. The ecosystem will empower music makers, rights holders and fans while bringing them closer together, Algorand added. 

Algorand is an open-source, permissionless, Pure Proof-of-Stake (PPoS) blockchain protocol for “the next generation of financial products”. As such, Algorand ensures "full participation, protection and speed within a truly decentralized network". ALGO is trading at $0.2975 at press time, down by more than 4% in the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

Sign up to our Newsletter

Want to read more amazing articles just like this one? Sign up to our newsletter to get them delivered to your inbox once a week!