Web3 Wave in Music World: UMG Signs NFT Deal With Limewire By CoinQuora
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© Reuters. Web3 Wave in Music World: UMG Signs NFT Deal With Limewire- Universal Music Group (AS:) to release NFTs on LimeWire’s Algorand marketplace.
- This union will enable artists under the UMG contract to publish their NFTs.
- The music industry is embracing Web3: LimeWire Co-CEOs.
LimeWire, a former P2P file-sharing platform that was recently relaunched as a digital collectible marketplace, has inked a global deal with the multinational music corporation, Universal Music Group, (UMG) to bring its artists’ digital collectibles to global audiences through non-fungible tokens (NFTs).
As part of this new partnership, UMG artists can now offer audio recordings, audiovisual content, backstage footage as well as other artworks as NFTs on the @LimeWire marketplace and sell them directly to fans and collectors in a safe and trusted environment.
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© Reuters. Web3 Wave in Music World: UMG Signs NFT Deal With Limewire- Universal Music Group (AS:) to release NFTs on LimeWire’s Algorand marketplace.
- This union will enable artists under the UMG contract to publish their NFTs.
- The music industry is embracing Web3: LimeWire Co-CEOs.
LimeWire, a former P2P file-sharing platform that was recently relaunched as a digital collectible marketplace, has inked a global deal with the multinational music corporation, Universal Music Group, (UMG) to bring its artists’ digital collectibles to global audiences through non-fungible tokens (NFTs).
As part of this new partnership, UMG artists can now offer audio recordings, audiovisual content, backstage footage as well as other artworks as NFTs on the @LimeWire marketplace and sell them directly to fans and collectors in a safe and trusted environment.
Continue reading on CoinQuora
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