“ On the other aspect, Audius positions itself as
a creator-friendly service, equipping artists with metrics and instruments to deepen engagement with followers, to allow them
to grow their platform while sustaining their independence from main labels.
Audius is a music-streaming platform for the Web3 era.
Rally’s online platform helps creators arrange communities and economies to drive
additional engagement with their followers.
There may be at least a liquidation process in the case of
FTX, which is able to divide up the stays of the
firm amongst these to whom it owes cash. Customers, argued Mr
Seely, could consider pursuing civil claims in opposition to parties concerned in an funding, corresponding to brokers or
monetary advisers in the event that they had been used, "however realistically whether it is just a case that the investments didn't go as deliberate, there's at the moment little they'll do to recoup losses".
In the UK, crypto property are largely unregulated, and consultants and financial watchdogs
warn there's little safety for consumers. Over one million folks and businesses may
very well be owed money following the collapse of the crypto alternate FTX,
in response to bankruptcy filings. ”