Musician Deadmau5 started using Emanate, an Eos-based music platform (EOS). It also offers art objects in the form of non-fungible tokens (NFT).

Deadmau5 has announced its arrival on Emanate, an Eos blockchain-based music platform . It allows artists to be rewarded when listeners play their tracks, instantly. The network operates thanks to a native token, the Crypto Code. Emanate hopes to attract large-scale artists, so the collaboration with Deadmau5 is particularly welcome for the platform.

For now, the service is offered in its Alpha version. Emanate ultimately wants to attract 200,000 artists , with 5 million basic accounts by 2023, which would allow it to generate $ 324 million in revenue each year.

Collectible NFTs offered to fans

To celebrate the arrival of Deadmau5 on the platform, Emanate facilitated a collaboration between the musician and the artist Sutu . Announced by Deadmau5 a few days ago , it makes it possible to make a work available in the form of NFT . It is an “audio-reactive” piece, that is to say it evolves with the music being played, in this case the SATRN piece.

According to the artist, the work evokes “ a new frontier […] represented by crypto art and NFTs . We are all explorers and the community encourages us to go further. “

Deadmau5 also offers another series of NFTs, with a total value of $ 100,000 , which will be offered on the WAX ​​blockchain from today.

Music and blockchain, a marriage that works?

As we have mentioned, the art sector and the blockchain can go hand in hand. As highlighted in an Emanate publication from May 2019 , the music industry is changing . The development of streaming platforms like Spotify and Deezer allowed the sector to grow its turnover again, while the decline of CDs had plunged sales:

Music streaming sales

But this new model can prove unfavorable for artists who have to go through rather greedy intermediaries. This is why the development of blockchain-based platforms could allow artists to offer their content directly to their fans.

In addition, a service like Emanate offers decentralized governance , which allows users to give their opinion on the future of the project. For the moment this field is only in its infancy, but it could develop in the future, if artists of scale choose to pass by this way.

By CryptoCoinTalk – At the time of writing we are approaching the all time high of the Bitcoin course. On 17 December 2017 it was at $19,666 at Bitstamp to be exact.

The Bitcoin price proves once again that it can work small miracles. Seeing a low of about $3,850 in March and then (possibly) setting a new all time high later that same year.

Bitcoin at its best, shall we say. We are going to take a look at the Bitcoin course today to see if we can actually get that new all time high.

Bitcoin (BTC) week graph

The weekly chart looks incredibly strong. Still no inhibition of momentum and one green weekly candle after another. The only price level currently above us is the all time high of $19,666.

If we break through this with conviction, there is a very good chance that we will look up the fibonacci extension levels shown on the chart. The next Fibonacci extension level will be $22,068.

Bitcoin (BTC) day chart

The day graph clearly shows that the Bitcoin course is setting a significant parabolic rise. The longer there is no significant correction, the more severe the correction will be.

Think of it as an elastic that stretches. The more tension there is on it (the greater the rise), the heavier the price will go down when we start showing a correction.

So take this into account! Possible first decent pullback zone is at $15,852 to $16,072.

Bitcoin (BTC) 4-hour chart

On the 4-hour chart we formed a beautiful textbook bull pennant. This is a type of pattern that you see a lot in the current market conditions. Short consolidations followed by a continuous pattern up.

We have seen a strong outbreak of it and are now just below the all time high. Should we make a small pullback, the $18,800 is the first form of support (previous high candle close).

Mega bullish

In short, the Bitcoin course still looks mega bullish. There is no sign of weakness, so it seems a matter of time before we break the all time high.

We are in a new bull market and we still have a long way to go. We expect this bull market to continue for a long time to come. Enjoy the ride!

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