NFTs may revolutionize the future of music industry- Here’s how

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The NFT market has been a growing one with several companies filing for trademarks to enter the NFT space. The latest business giant to file a trademark application is Sony Music Entertainment. The trademark application was filed with the United States Patent and Trademark Office on 30 August. Furthermore, the application mentions a suite of […]

The NFT market has been a growing one with several companies filing for trademarks to enter the NFT space. The latest business giant to file a trademark application is Sony Music Entertainment.with the United States Patent and Trademark Office on 30 August. Furthermore, the application mentions a suite of products that it intends to authenticate using NFTs under the Columbia Records logo.

In March 2022, Sony Music partnered with Solana-based NFT marketplace Snowcrash and fellow music label Universal Music Group. The result of this partnership was theEarlier this year, Universal Music Group dropped a subtle hint about its Web3 ambitions when it purchased Bored Ape #5537 for $360,817.to lead a digital band called Kingship which was founded by Universal’s 10:22P.M label. The label added that the digital band will produce music and deliver virtual performances in the metaverse.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NFT market has a savior, and no it’s not ‘Apes’ or ‘Birds’ this timeThe last few weeks have not only been a tough time for the crypto market, but also for the NFT market as a whole. With sales and floor prices plummeting to new lows, some of the best-performing NFT groups were at their lowest. A sad sob story here? In a strange turn of events, that […]
Source: CryptoAmb - 🏆 22. / 68 Read more »