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Music major Universal to develop NFT fan collection
source link: https://nextbigwhat.com/music-major-universal-to-develop-nft-fan-collection/
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Music major Universal to develop NFT fan collection
- Universal Music Group is working with Curio, an NFT platform for entertainment brands, to launch NFT projects from UMG’s record labels, operating companies and recording artists.
- Since its launch in 2020, Curio dropped its first NFTs in February of last year.
- The companies are working together to launch its first issue in March with Capitol Music Group artist Calum Scott.
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JPMorgan Is the First Bank Into the Metaverse, Looks at Business Opportunities
- JPMorgan, the largest bank in the U.S., said it has become the first lender to arrive in the metaverse, having opened a lounge in Decentraland, a virtual world based on blockchain technology.
- Work in the metaverse will also be gainful, said the report, pointing to a range of entertainment providers, as well as apps like RTFKT, a virtual shoe designer recently acquired by Nike.
- The JPMorgan paper attempted to illustrate the metaverse hype versus the reality, stating that many areas need to improve.
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