technology
SoundCloud acquires Nina Protocol, a decentralized music platform, after its closure
22 Temmuz 2026TechCrunch
- SoundCloud has acquired the decentralized music platform Nina Protocol, just months after Nina announced its shutdown. This acquisition allows SoundCloud to integrate Nina's artists, editorial archive, and music discovery tools into its platform.
- The move is part of SoundCloud's ongoing strategy to enhance its offerings for independent musicians and expand its market presence.
- Nina Protocol was known for its decentralized approach to music distribution, which aimed to empower artists by providing them with more control over their work. The shutdown of Nina raised concerns about the sustainability of decentralized platforms in the music industry, making SoundCloud's acquisition a notable p…
- The acquisition of Nina Protocol by SoundCloud highlights a strategic shift in the music industry towards integrating decentralized technologies. By bringing in Nina's unique assets, SoundCloud not only diversifies its content but also strengthens its position in the competitive landscape of music streaming.
NewsAI özeti
This article is based on information available as of October 2023 and may not reflect subsequent developments.
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