Category: CRYPTO

The Web3 Foundation is funding a new project that aims to create a new genre of music based on NFTs (non-fungible tokens). The project, called Melonport, will use the Ethereum blockchain to create a marketplace for musicians and music fans to buy, sell, and trade music. The project is being led by Thomas Bertani, who co-founded the Ethereum wallet provider…

The second rival was Cardano (ADA), which O’Leary said has a “solid team” and is “doing some interesting things in terms of scalability.” While O’Leary acknowledged that Ethereum currently has the largest developer ecosystem, he said that “there’s nothing to stop another platform from coming along and taking away some of that developer interest.” O’Leary also warned that Ethereum could…