Make way for 3.0 vinyls – After his partnership with OpenSeathe Warner Music Group partners with another startup to offer NFT related to their songs and other digital collectibles on a web3 music platform.
>> Cryptos for your first NFTs, it’s on eToro (commercial link)<<
NFT x music: the winning combo proposed by LGND Music
The Warner Music Group and Polygon (MATIC) collaborate with the startup LGND to create a web3 music platform called LGND Musicwhich is scheduled to launch next January.
Under a multi-year contract, artists who sign with the Warner Music Group will be able to release NFTs related to their songs on LGND Music. Their fans will be able to buy and listen to these NFT works on the music platform. They can also acquire digital collectibles submitted by their favorite bands.
On the technical side, LGND Music wants to offer a iTunes-like experience, but for web3. Platform users will be able to use desktop and mobile applications to interact with NFTs. And although LGND Music is hosted on Polygonthe music platform supports NFTs from other blockchains.
the Warner Music Group multiplies its partnerships in the web3. Earlier this year, the company invested in a virtual land parcel in The Sandbox for set up a virtual musical amusement park.
For you, blockchain technology and cryptocurrencies will soon be at the heart of the daily life of each of us. You can expose yourself to Bitcoin, Ethereum and other tokens on the rising exchange. Register now on eToro and start familiarizing yourself with this ecosystem (commercial link).