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Warner Music Group Partners With ‘Digital Mementos’ Startup POAP
Warner Music Team (WMG) and POAP Inc., a “leading World wide web3 protocol” and creator of “digital mementos,” have formally inked a partnership settlement. The Huge 3 document label and the 4-12 months-old startup unveiled their “first-ever” pact now. Short for “Proof of Attendance Protocol,” POAPs (pronounced “Poh-ap”) are explained by the concerned businesses as “digital mementos minted as NFTs in celebration of life’s outstanding times.” “POAPs, the collectibles, are NFTs minted under the Evidence of Attendance Protocol intelligent contract,” the namesake business’s web site elaborates. “Each POAP is a electronic document held by collectors as digital proof that they attended, or participated in, a physical, digital, or non secular…
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‘Music Experience Startup’ Stage11 Raises $5.8 MM Ahead of ’22 Launch
An aerial shot of Paris, France, the place Phase11 is headquartered. Image Credit score: Alexander Kagan Paris-headquartered “immersive music encounter startup” Stage11 has officially declared the completion of a approximately $5.8 million (€5 million) seed funding round. Stage11, which debuted last 12 months and has inked partnerships with Martin Garrix, Snoop Dogg, Akon, Paris-born David Guetta, and some others, unveiled the multimillion-greenback funding round by using a formal release this early morning. Otium Capital, French entrepreneur Pierre-Edouard Stérin’s family business office, led the increase, which also drew guidance from Phase11 CEO (and Scorpio Audio co-proprietor) Jonathan Belolo. Getting steps toward its broader goal of reimagining “music for the metaverse,” the…
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