OneOf has a priority partnership with Warner Music Group This will allow the company to create NFTs for different artists throughout WMG’s music catalog.
According to the announcement, the NFT platform of OneOf, a green Web3 company, is twice as energy efficient as its competitors, creating NFTs specifically designed with the music community in mind, collectable and generative. We provide NFTs from PFP to music loyalty and experience.
An unreleased recording made in December when Whitney Houston was 17 years old Sold at a 24-hour auction on the OneOfNFT platform.. The winning bid was $ 1 million, the most expensive NFT auction item on the Tezos (XTZ) blockchain.
“Web3 is a huge leap in technology, which extends the scale and scope of both human and machine interactions far beyond what we can imagine today,” said Oana Luxandra, WMGEVP. “By partnering with OneOf, a leader in Web3 and NFT’s emerging technology space, artists can more reliably build one-on-one relationships with their fans and win in the new Web3 economy. I’m looking forward to it. “
“From collectibles to music royalties, NFTs and Web3 represent a pulsating consumer demand and an exciting future for the music industry,” said Lin Dai, OneOf CEO. “We have partnered with Warner Music Group to innovate and use cutting-edge Web3 technology to bring their iconic label and world-renowned artists to the next 100 million fans of the blockchain. I’m really excited about it. “
First announced in May 2021 and backed by Quincy Jones, OneOf also recently announced a three-year collaboration with the Grammy Awards and a partnership between iHeart Radio and MusiCares. Since its launch in September, the company has launched an NFT collection with artists such as Houston, Doja Cat, Alesso, Games and Chief Keef.
