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In an era where the boundaries between technology, law, and culture constantly shift, Blake Richardson, Esq., is one of the few professionals standing firmly at the intersection. As chief legal officer at Gala Games, Gala Music, and Gala Film, Richardson navigates one of emerging tech’s most complex regulatory environments: blockchain. But her journey — from working behind the scenes at NBCUniversal, Lionsgate, and the Phoenix Suns to helping shape blockchain legal frameworks — is more than a personal evolution. It’s a case study in how legal minds are increasingly essential to the tech sector’s future. Understanding Legal Tech In The Age Of Blockchain At its core, legal tech encompasses tools that streamline how users interact with and interpret the law. From document automation and case law research to e-discovery platforms and client management systems, legal tech is transforming how firms and in-house departments operate. But as Reuters notes, it’s not just about efficiency —...
Snoop Dogg is going where the money is. Snoop Dogg, who acquired Death Row Records in 2022, shared the low payout he received from streaming. After receiving 1 billion streams on Spotify, he recalls being compensated only $45,000, as AFROTECH™ previously told you. “In the streaming world, I can show you right now. They just sent me some sh-t from Spotify, where I got a billion streams, right? My publisher hit me. I said, ‘Break that down, how much money is that?’ That sh-t wasn’t even $45,000… You see what I’m saying? So it’s like…when this sh-t came out, I could tell an artist that same song that you put out traditionally that didn’t make no money, give it to me. Every time you sell it if somebody else sells it you get 10% of it,” Snoop said on the “Business Untitled” podcast. However, in response, a Spotify spokesperson said: “We can’t speak to endorsement deals for Web3 companies but…$45,000 for a billion streams? It’s well documented that a billion streams on Spotify generates...
If you’ve been following the cryptocurrency market lately, you’re likely aware of the fact that Ethereum has made a 30 percent jump in recent days, marking a two-month high value, and shocking the overall crypto market. The price of Ethereum is $3,727.51 at the time of this writing, though that figure is obviously subject to change as the market continues to fluctuate. Given that ether has been all over the news in recent days, it’s only fair to assume a number of fresh eyes have been placed on the world of crypto investments . So, let’s unpack what exactly Ethereum is, how it works, and examine the factors which led to this week’s historic leap. Furthermore, we’ll examine trends in the market and see if we can construct a comprehensive outline of where the decentralized currency will climb in the coming years. Without any further preamble, let’s take a moment to dive into Ethereum, its price, and its applications. What Is Ethereum? Like other hot cryptocurrencies on the market,...
Getting to the money is an idea that most people can get behind. From becoming a social media influencer to navigating a traditional job or even jumping into entrepreneurship, people are looking for ways to secure the bag and maximize wealth. One of the ways people are expanding their worth is through investments and alternative forms of traditional currency like cryptocurrency. And although cryptocurrency has become more and more popular, the reality of it still makes people scratch their heads a little bit. While crypto has been around since 2009, it has evolved. The digital currency market is expansive, and conversations around its use and inclusion in everyday life have become increasingly routine. And with such evolution comes questions about its usage and what it means for the future. Even the IRS requires users to claim crypto on their taxes, but it’s categorized as property. With so many uses, how can a person determine the best use of the currency? It is at this...
Three founders combined their backgrounds to launch an innovative technology platform that’s attracting the likes of Savannah and Bronny James.
Pharrell Williams is taking a look at the bigger picture with the growth of blockchain technology. At VeeCon 2022 — the first-ever NFT -ticketed conference — the music mogul shared with attendees his belief that Web3 could possibly hold the power to create real global change, Decrypt reports.
A world where venture capitalists serve people who look like them does exist, and Sherrard Harrington and Aaron Wilson are on a mission to ensure that this space is a place where Black founders can do more than just survive, but also thrive. EONXI — a venture fund and incubator — has been building, investing, and empowering founders within the Web3 and metaverse ecosystem since its 2019 inception. As general partners, Harrington and Wilson’s passion for technology and how it can be used to serve led them to a space where they can help others reap the benefits that it has to offer. After suffering an injury during his days of football at the University of Colorado, Harrington found himself venturing into the private equity industry and tech landscape. On the other hand, Wilson’s introduction started with a career in finance which transitioned into human capital consulting and recruiting. Now that their paths have crossed, the two continue to build EONXI into a hub for founders.
EquityCoin is not your average company using blockchain technology. In fact, they may be the only company that is not only Black and Latinx-owned but also uses the new technology to combat the homelessness crisis in America — with an ultimate goal to reach $1 billion in wealth in communities of color by the year 2030. In a press release announcement, EquityCoin revealed that their first step to creating equitable and affordable housing using blockchain technology was by creating a digital token. Its next phase of development involves the creation of what they’re calling EquityShare, which streamlines the tokenization process between the prospective unhoused buyer and real estate agents. The transactions will take place on the Ethereum -based blockchain. “By marrying blockchain technology and affordable housing, we will revitalize urban areas from coast to coast, building a more healthy, livable, and sustainable society. It’s not only important to do the work, but also to have the...
With more technological advancements, comes greater responsibility — especially when it comes to the way the world views and spends money. It’s one thing to learn how to use the latest non-fungible token (NFT) craze and know the ways in which it operates, but it is a whole different story to learn how to not get caught up with the scams and flashy promises that could possibly come along with it. Will Lucas, the host of AfroTech’s Black Tech Green Money (BTGM) podcast, continues to provide us with insight on how to properly navigate the world of NFTs. During the latest episode of BTGM, Lucas breaks down some of the most critical ideas as they pertain to NFT ownership.
Snoop Dogg continues to drop it like it’s hot — and this time, he’s doing it on the blockchain. In a press release announcement, it was revealed that the Doggfather — who recently made headlines when he purchased Death Row Records — has partnered with Gala Games to bring his music to his fans in a whole new way. “If anything is constant, it’s that the music industry will always be changing,” said Snoop Dogg in the press release announcement. “Blockchain tech has the power to change everything again and tip the table in favor of the artists and the fans, and we’re going to be right at the front of the pack with this Gala Music deal.” His new album “BODR (Bacc on Death Row)” was released on the blockchain as a Stash Box of NFTs on Feb. 9 at 4:20 p.m. PST on the new Gala Music store. Three bonus tracks not available anywhere else will also be exclusive to Gala Music. There will only be 25,000 Snoop Stash Boxes, priced at $5,000, available to purchase in GALA. This Stash Box will...
John Legend continues to go beyond the ordinary when it comes to his ventures in music. The R&B crooner is now working to bridge the gap between technology and music by way of the latest cryptocurrency wave, non-fungible tokens (NFTs)! Per Blockchain News, Legend will team up with various heavy hitters within the digital media space to launch an NFT allowing artists to have a stake in their work through trading. Legend will serve as the CEO of the new platform called OurSong and will use his influence to reel in more artists, musicians, and fans. Learn more about NFTs at Afrotech Executive and click here.
A 22-year-old just became a millionaire by taking selfies. Sultan Gustaf Al Ghozali is clearly starting his year off right. A simple experiment to recreate a time-lapse of selfies over the course of five years led the Indonesian computer science student to become a millionaire, and he can thank non-fungible tokens (NFTs). Surprisingly, the accidental millionaire only ventured into the crypto world because “it might be funny,” according to The Independent. Sultan Gustaf Al Ghozali turned 1,000 selfies, captured from in front of his computer between 2017-2021, into NFTs priced at 0.00001 ETH ($3) on Jan. 10, 2022. “Uploading my photo into nft lol https://opensea.io/Ghozali_Ghozalu ,” Ghozali wrote on Twitter. Uploading my photo into nft lol https://t.co/E3Q4sBmN26 #NFT #opensea pic.twitter.com/rD51rdcpzp — Ghozali_Ghozalu (@Ghozali_Ghozalu) January 10, 2022