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Steve Stoute's UnitedMasters Becomes Exclusive Music Partner For Coinbase's NFT Marketplace

UnitedMasters isn’t letting up on ensuring that independent artists secure their coins. In October 2021, the Steve Stoute-founded music distributor forged a partnership with Coinbase to be one of the first to offer artists to be paid in cryptocurrency, as previously reported by AfroTech. The duo is back once again for a new collaboration, except, this time with another project on board. According to a press release shared with AfroTech, UnitedMasters has announced its partnership with Coinbase and Chain Runners for NFTs created, sold, and promoted by the company’s artists. The limited-edition collections will mark UnitedMasters as the exclusive partner for Coinbase’s new NFT marketplace. “In the same way that United Masters gives power to artists by enabling ownership of their music, NFTs give people true ownership of their digital assets,” said Chain Runners, according to the press release. “This partnership is representative of a new wave of ways for artists to express themselves...

Ngozi Nwanji

Apr 21, 2022

Kevin Durant Becomes The Face Of Multi-Billion Dollar Crypto Company Coinbase

Kevin Durant is making sure he ends the year off strong signing yet another lucrative deal, this time with Coinbase Global Inc. Bloomberg reports, the Brooklyn Nets basketball star, Thirty Five Ventures — co-founded by himself and Rich Kleiman — and media network Boardroom have signed a multi-year deal to promote the cryptocurrency platform throughout his various businesses. The deal marks a reunion for Durant and Coinbase CEO Brian Armstrong who previously crossed paths in 2016. While playing with the Golden State Warriors, Durant developed a greater interest in Silicon Valley following his desire to grow an investment portfolio in 2016. One year later, Durant participated in Coinbase’s Series D funding round which totaled $100 million at a $1.6 billion valuation, solidifying his relationship with the platform. “Being an early investor in a company you’re excited about is always an amazing feeling,” Durant said, according to Boardroom. “Being able to come back a few years later and...

Samantha Dorisca

Dec 15, 2021

It’s The Impact For Me: How Cryptocurrency Can Change People’s Lives

Trends come and go, but some things enter the universe and have a lasting impact. Cryptocurrency — or crypto — has that long-term effect. For a little over a decade, people have been diversifying how they use money with the availability of crypto. Digital money is part of a new wave of navigating the world, and everyone can tap into its benefits. Coinbase is a leader in the industry, helping customers navigate how to use crypto to build wealth and diversify spending. Recently, AfroTech sat with Trey Edwards and Darin Carter of Coinbase to talk about how crypto can help people professionally, financially and personally.   Trust Is at the Center As the Manager of People Advocacy at Coinbase, Trey Edwards leads a team responsible for building the future of Coinbase’s retail products. This work includes partnering to create new products and features for customers with world-class support. This critical work helps identify inefficiencies that could affect customer experiences. To...

Josh Rodgers

Oct 28, 2021

Steve Stoute's UnitedMasters Inks Deal With Coinbase To Allow Artists To Get Paid In Cryptocurrency

As we’re living in the age of cryptocurrency, industries are keeping up with the wave, and UnitedMasters recently broke ground in the music industry. According to a press release, the Black-owned music distributer announced that its new partnership with Coinbase will allow artists to get paid in any cryptocurrency supported on the platform. The company is now one of the first to offer the service, Bloomberg reports. The goal of the partnership is to “empower independent artists by giving them transparency, equity and control over their earnings.” View this post on Instagram A post shared by UnitedMasters (@unitedmasters) “Working with Coinbase to give independent artists the ability to be paid in crypto is a natural next step for us, using technology to ensure that the economics of the music business favor the creators behind it,” UnitedMasters Founder and CEO Steve Stoute said in a press release. “As the financial sector continues to evolve and innovate, we’re committed to putting...

Ngozi Nwanji

Oct 12, 2021

Snoop Dogg Confesses To Being The Face Behind One Of The Most Popular Twitter Accounts In The NFT World

A Hip-Hop legend has been secretly living a double life. Cozomo de’ Medici — a non-fungible (NFT) Twitter platform — has rose to popularity collecting fans and conjuring a crypto collection boasting 175 tokens valuing millions of dollars since its debut in August of last year, Tech Times reports. On Monday, Snoop Dogg shocked Twitter users when he revealed he’s actually the face behind Cozomo de’ Medici. Of course, this sent Twitter users into a frenzy. “Dear frens,” a tweet read via the Cozomo de’ Medici profile. “ Since I announced my dox, events have transpired most would not believe, nor understand. What I can share is I’ve received an outpouring of kindness here on twitter. And many say they prefer to know me as Cozomo, and no one else! So here is what I’ve decided to do: Shortly, as promised, I will dox from my personal account. As my fame is considerable, the tweet will no doubt be discovered. Those who are curious to my identity will soon know it.” Dear frens, Since I...

Samantha Dorisca

Sep 21, 2021

NBA's Chris Paul Joins Digital Media Startup Greenfly As Strategic Investor And Partner

Phoenix Suns star Chris Paul is one of the newest faces to join digital media startup Greenfly’s latest funding round, and the perks come with some new titles. TechCrunch reports that the NBA All-Star’s investment will have him serve as a strategic investor and partner in the company through its $8.4 million strategic growth round. Existing investors in the round include Go4it Capital, Elysian Park Ventures, Alpha Edison and Iconica Partners, as well as others like Verance Capital, Higher Ground Labs, DD Venture Capital, SW19 Ventures, LinkinFirm and Allievo Capital. Greenfly’s new funding round puts the company at over $23 million raised since it was first founded by former Major League Baseball (MLB) All-Star Shawn Green and his cousin Daniel Kirschner — who previously served in senior roles at the U.S. Department of Justice, the Federal Communications Commission and Activision Blizzard. Greenfly is a company that considers itself a “leader in digital media monetization,”...

Njera Perkins

Aug 24, 2021

Reclaiming the American Dream: Why Black Americans Belong in the Crypto Economy

On Oct. 31, 2008, while the United States and global economy were deep in the financial crisis, a white paper published by an author known as Satoshi Nakamoto would make its way around the world and give birth to a movement centered on economic independence for all. It would propose a new system of money: a peer-to-peer electronic cash system that didn’t depend on big banks and private parties to function but gave power and the promise of financial freedom back to the communities that needed it most. In 2012, it would also inspire a set of co-founders to begin what would become the largest cryptocurrency exchange in the U.S., Coinbase. However, this isn’t where the story begins for me. Growing up, I always thought my grandad looked like a king in his castle. As I would sit and listen to his stories, I imagined they would go on forever in the house that embodied the decades of hard work and sacrifice he endured to achieve the American Dream. “One day, this house will be yours,” he...

Tariq Meyers

Oct 31, 2019