An NFT platform has been accused of stealing artists' music 🚨 Hitpiece allegedly listed songs without asking bands first 😵
The project's existence has caused a storm on social media. Now, the website's contents have been taken down and replaced with a message that says:Hitpiece's data appears to have been derived from a Spotify API. CoinMarketCap has attempted to reach out to the project to ask whether artists were approached before their songs were listed, and whether they would have been offered a share of the profits if the NFTs sold, but did not receive a comment at the time of writing.
It's fair to say that the arrival of NFTs has divided the music world… in a similar way to the art world. Some bands, including Kings of Leon, have opted to embrace these digital assets — with many experiencing overwhelming demand for their collections. But earlier this week, Kanye West said he preferred to focus on creating value in the real world, writing on Instagram: "Do not ask me to do a f****** NFT."
While NFTs have been touted as a way of allowing fans to gain distinctive collectibles with proven authenticity, theft in the industry remains a real and enduring problem. And while a blockchain record may exist for the NFT in question, it means little if it's a record of a counterfeited product.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
NFT site HitPiece accused of selling musicians’ songs without permissionAn NFT site is being accused of selling digital collectibles of songs by musicians like Britney Spears and Taylor Swift — apparently without the artists’ permission.
Consulte Mais informação »
NFT Platform Pixel Vault Closes $100M Investment.pixelvault_ said that the investment by Velvet Sea Ventures and 01A would enable the company to launch a 'multi-franchise NFT development platform.' JPRubin23 reports
Consulte Mais informação »
Team17 ends MetaWorms NFT project after public backlash - GamepurConsumers and artists continue pushing back against NFTs. Will companies listen?
Consulte Mais informação »
Albums by Speedy Ortiz, Adult Mom, More Appear on NFT Auction Site Without Artists' KnowledgeAs if it weren't already difficult enough to be a musician in 2022, songwriters now apparently have to worry about their songs being sold from underneath them as NFTs.
Consulte Mais informação »
You Can Go To Coachella Every Year If You Buy This NFTIt looks like the future — for music festivals, at least — is finally here.
Consulte Mais informação »
Polygon's OpenSea Active Users Surge by 23% Amid Global Brands' NFT LaunchPolygon's Opensea active users spike 23% after global brands' NFT drop PolygonNFT OpenSeaNFT
Consulte Mais informação »