Music fans were able to see many of their favorite artists’ projects in NFT format.thanks to a new contract from Warner Chappell Music, The publishing arm of Warner Music has signed a new deal with web3 entertainment company Defient.
Bringing Music to the Metaverse
The partnership will kick off with the launch of Archives, a blockchain-powered digital museum. The museum does so by spotlighting both music and art, releasing curated collections of digital collectibles, and hosting events.
These collectibles and events revolve around artists who have signed to Warner Music’s roster. Considering the record label is home to some of the world’s most recognizable artists, including Ed Sheeran and Madonna, some impressive projects could emerge from here.
museum is planned Available in early 2023and the first digital asset attached to it is called the Archive Mint Pass, a collection of 2000 pieces that grants users access to future drops from the Archive.
But the company says it benefits creators as well as music fans.
By harnessing the power of blockchain technology, we can create impactful new revenue streams and creative opportunities for songwriters, while giving music fans access to unique experiences, said WCM. senior vice president of creative services at Ashley Winton Senior Vice President, Creative Services
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Tokoni Uti has written extensively on blockchain and cryptocurrencies over the years. Her work has been featured on sites such as BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.