OpenSea, the world’s largest market for buying and selling non-fungible token (NFT) marketplaces, has partnered with US-based international music and leisure firm Warner Music Group to assist appeal to music followers by NFT drops.
In accordance with a press launch issued by Warner Music Group, artists signed to Warner Music Group can have their very own pages on OpenSea to broaden their fan group in Web3 to extend fan loyalty.
As a part of the partnership, Warner Music Group musicians can have early entry to OpenSea’s new NFT drop providing and also will have a devoted web page for limited-edition initiatives.
Shiva Rajaraman, Vice President of Product at OpenSea stated that:
“For artists and musicians, NFTs characterize a brand new artistic medium and a mechanism to construct group, interact immediately with followers, and specific themselves throughout borders and languages. As a large music fan myself, I am thrilled to work with a associate who understands the importance of this expertise, and desires to make use of it for good – to empower artists to personal their fan connections immediately. We’re excited to supply the help and infrastructure to assist welcome the Warner household of artists into the thrilling NFT ecosystem.”
In February, US-based widespread leisure label Warner Music Group (WMG) introduced a partnership with blockchain gaming firm Splinterlands. It hopes to offer artists extra choices to showcase their creativity.
In accordance with a press launch issued by the corporate, the partnership with Splinterlands will allow WMG artists to create and develop distinctive, play-to-earn (P2E) arcade-style blockchain video games.
In Could, Swedish audio streaming and media service supplier Spotify introduced that it was testing a brand new characteristic that may enable artists to advertise their NFTs on their profiles.
The brand new choice is just out there to “only a few artists”. The corporate stated the check is at present out there to some Android customers within the U.S.
In August, OpenSea, the world’s largest market for buying and selling NFT market, up to date its new coverage governing the dealing with of stolen digital arts and normal theft on its platform.
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