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Jay-Z's VC Firm Makes Investment to Help Create the Metaverse

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Marcy Venture Partners (MVP) is investing in spatial LABS (sLABS), a tech incubator with a focus on the metaverse and blockchain-based products.

's Yeezy brand — sLABS will launch its first product next year called LNQ, a blockchain-enabled hardware platform on which details are sparse . Sandu says he wants to use LNQ to provide young creators with better tools to utilize the metaverse as it becomes a reality."Aligning with Marcy Venture Partners assists with our vision for elevating the youth as it relates to access and a means to true technological empowerment," Sandu said in a statement.

"Iddris has a conscious world view and a youth-centric vision that is innovative and refreshing to witness,"

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