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Tesla Founder Elon Musk Considering Investing Billions into Crypto

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Elon Musk, the founder and CEO of Tesla and SpaceX, is known for having an innovative mind and which he constantly expressed on social media. His Twitter account is no stranger to random takes and memes from Musk himself. 

But lately, he has been dropping several hints about bitcoin since Sunday. Through a series of tweets, Musk has created speculation among his followers and the Twitterverse about his plans on possibly investing in cryptocurrency. 

Cryptocurrency is a type of currency that uses digital files as money. It lets users make secure payments and store money without the need to use their name or go to the bank. 

Musk then tweeted a meme about bitcoin that attracted Microstrategy CEO Michael Saylor who has become an avid bitcoin proponent after making the cryptocurrency his billion-dollar company’s primary Treasury reserve asset. 

Saylor later replied to Musk and shared how he used the cryptocurrency and made it work for his company. The SpaceX CEO then asked if large transactions can be done via bitcoin and other similar platforms. 

This bitcoin question posed by Musk sparked intrigue in social media about the possibility of the SpaceX CEO buying large amounts of bitcoin assets through his company, Tesla. 

While some people believe that Musk is serious, others think the opposite when it comes to buying bitcoin with Tesla’s money. 

Sunday wasn’t the only time Musk expressed any sentiments about bitcoin on social media. He confirmed in May that he still only owns 0.25 bitcoins as a response to J.K. Rowling, the author of Harry Potter, about how “massive currency issuance by government central banks is making bitcoin internet money look solid by comparison.” 

Musk’s small amount of bitcoin currency was given to him several years ago by a friend, nothing that he doesn’t own other crypto holdings. 

In February, Musk addressed the rising number of scams surrounding bitcoin and other cryptocurrencies where many of them used his name to promote their bitcoin giveaway schemes, ultimately raking in millions of dollars and making Elon Musk concerned. 

The SpaceX CEO has also tweeted about cryptocurrency several times last year, expressing his thoughts about this new age sense of currency. 

Whether or not he plans to put in billions worth of assets in bitcoin through Tesla is yet to be seen. But for now, Musk continues his way of tweeting to keep his followers on the edge of their seats when it comes to his future plans. 

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Bryan Quaranto is the CEO of Dreamwood Media. He is also the host of The Creative Activation Podcast available exclusively on DreamwoodMedia.com

Bryan Quaranto is the CEO of Dreamwood Media. He is also the host of The Creative Activation Podcast available exclusively on DreamwoodMedia.com

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Entrepreneurship

How UglyMoneyNiche Is Pioneering The Music Industry in Atlanta

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Ugly Money Niche is a talent scout, artist developer, and A&R representative for Free Bandz Entertainment based out of Atlanta, Georgia. Over the past 8 years, Ugly Money Niche has taken a variety of artists from the bottom to the top of the music industry and has helped to get artists get signed in record deals with major labels and music executives.

A little over a year ago, In collaboration with DJ Such N Such, Niche has started the Ugly Money Podcast where he interviews a range of artists, DJs, producers, and more, all from the comfort of his own studio in Georgia. 

Ugly Money Niche is a pioneer in the music industry when it comes to artist development. Recently he has been working with the up and coming artist, China Monai, on her latest project and music video.

This past September, Niche was the host of the Ugly Money Music Summit at The Atrium Complex in Atlanta where artists could perform for over 10 different major labels that were present including A&R representatives from QualityControl, YSL, FreeBandz, 4PF, 1017, CMG, Hustle Gang, PRE, TIG, BWA, Atlantic, NeverBrokeAgain and more. 

Ugly Money Niche has been taking over the industry and it doesn’t just stop here. He is also currently in the process of building the brand-new official Ugly Money Media Complex in Atlanta where artists can come in and use his creative complex to their advantage.

We had the chance to connect with him at a stop in San Juan, Puerto Rico this past October. 

“This industry is about who you know and the connections you build,”

“Most artists want to spend all there time in the studio but don’t want to put any work into the promoting and marketing aspect of the music.”

Every Tuesday, Niche goes live on his Instagram to give free game and promote talented artists reviewing their songs on his platform ranking in hundreds of streams per week. 

Any artists interested in submitting their music for review can do so by texting “#SongReview” to (470) 278-4875 and tuning in to @UglyMoneyNiche on his live at 2:30pm EST every Tuesday!

Ugly Money Niche is a perfect example of no matter where you start, you can come out on top. You can learn more about Ugly Money Niche at his Instagram. You can also tune into the The Ugly Money Podcast every week at uglymoneypodcast.com

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Bryan Quaranto is the CEO of Dreamwood Media. He is also the host of The Creative Activation Podcast available exclusively on DreamwoodMedia.com

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Artists

How Kanye West Innovated A Multi-Billion Dollar Industry

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Kanye West is a world renowned artist, musician and fashion icon. In the past 5 years Kanye has scaled his brand to another level, using his inherent entrepreneurial DNA combined with his hyper creative vision, Kanye’s ability to grow and outperform himself is almost like none other. So how did Kanye go from a foreign exchange student in China to becoming one of the worlds most successful fashion designers?

It started when Kanye was a child. Kanye always had an affinity towards the arts, writing poetry and making musical compositions. After his parents divorced and a few years passed, Kanye moved with his mother, who was an English professor at the time, to China as part of a foreign exchange program. West reported that he learned Chinese but had forgotten most of it, and in his school classes, he received mostly A’s and B’s.

When Kanye came back to America, he secured a friendship with DJ/Producer No I.D. in his early teens. Shortly after, No I.D. became Kanye’s mentor in which he taught Kanye how to sample and program beats into a sampler. After graduating high school a few years later, Kanye began college. Kanye switched from painting classes, to an English major, until he realized his college years would fall short to his musical dreams. This is when he released his iconic album known as “College Dropout” known for redefining what society’s path has previously carved out for you.

Before ‘College Dropout”, Kanye started in the music scene as a producer creating beats primarily for bubbling local artists, eventually developing a style that involved speeding up vocal samples from classic soul records. Despite becoming a well renowned producer, Kanye wanted to become a rapper. 

In 2003, Kanye was struggling to land a major deal until he eventually got picked up by Damon Dash from Roc-A-Fella Records. During this period, West also founded GOOD Music, a record label and management company that would go on to house affiliate artists and producers, such as No I.D. and John Legend. This brings us to the current day after realeasing a series of successful albums like “Graduation”, “808s and Heartbreak”, and “My Beautiful Dark Twisted Fantasy”.

In 2008, Kayne collaborated with Nike on the release of his first three shoes. He has also created with companies like Louis Vuitton and Giuseppe. In 2013 after the release of his “Red October” Air Yeezy 2s, Kanye West ended his partnership with Nike.  That same year Kanye collaborated with German sportswear company Adidas, to create the new edition of Yeezy’s. These shoe releases were the single counter point to compete with the ever lasting Michael Jordan brand, which is valued at nearly 20 billion dollars. In five years, from 2015-2020, Yeezus has been able to scale the Yeezy brand to over a billion dollars. While it doesn’t compare to the current value of the Jordan, The Jordan brand has been around for 35 years compared to Kanye’s five years in the sneaker game.

Kanye has created different lines into in his Yeezy brand including a clothing line called “Yeezy Season 1” which ranged from sweatpants to jackets in the price range of anywhere from $600-$3,000 dollars. This specific clothing line is now discontinued but the merchandise still exists in the collectors world. The sneaker line has also included the Yeezy Boost 750, Yeezy Boost 350, Yeezy 950 and The Yeezy Foam Runners.

Kanye is a visionary when it comes to art and entrepreneurship, and I think this is something we should all aspire to be. The rise of this music and fashion mogul should be a perfect example of exemplary leadership and excellence. You can learn more about Kanye and what he is up to on his twitter here.

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Bryan Quaranto is the CEO of Dreamwood Media. He is also the host of The Creative Activation Podcast available exclusively on DreamwoodMedia.com

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