John Legend has launched a new NFT platform called “OurSong” that allows up-and-coming entertainers as well as established entertainers to raise funds through non-fungible tokens (NFTs). Supported on the blockchain, NFTs are digital collections inspired by songs, videos, artwork and much more. Artists from several parts of the world, from American rapper Snoop Dogg to Bollywood megastar Amitabh Bachchan, have jumped into the NFT sector to connect with a wider audience. On this NFT platform, 43-year-old Legend is working with Chris Lin, CEO of Taiwanese music service provider KKBOX. Twitch co-founder Kevin Lin and venture capitalist Matt Cheng are also joining the project.
“OurSong is a social commerce platform that turns everyday creativity into a tradable asset and builds a super fan community. In plain English-an app for your ideas for making money and friends.” Website Read.
The NFT platform allows users to access private chat rooms with other artists and check out unreleased music.
Talk to BloombergThe Grammy Award-winning singer said: .. It is these artists that Legend aims to support his NFT venture.
This platform will allow people to convert their work into NFT trading cards called “vibes”.
“Creators can create vibes by providing songs, lyrics, images, and other material,” says the OurSong site.
Users can refer to the platform’s native “Our Song Dollars” (OSD) as “credit card, debit card, wire transfer, or USD coin It was deposited in the wallet of the Circle blockchain. “
This app is now available for download on Apple’s App Store and Google Play Store.
Due to the explosive growth in the popularity of speculative crypto assets, NFT sales reached approximately $ 25 billion in 2021. Data from the market tracker Dapp Radar. Indicated..
More celebrities are participating in this trend as the NFT sector continues to see interest from the artist community.
April 2021, Super Bowl Champion Tom Brady Release A sports-focused NFT platform called “Autograph” that allows football fans to collect NFTs from their favorite players.
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