The Recording Academy and OneOf announce Grammy Awards partnership
The Recording Academy and OneOf, a inexperienced NFT market sponsored through mythical document manufacturer Quincy Jones, introduced an unique partnership focused across the subsequent 3 years of Grammy Awards in an unsigned remark at the Grammy.com web page.
Details on particular NFT collections might be launched in January, however will have a good time each the awards themselves and nominees / recipients. Some of the cash from the sale of the belongings will move against investment the Recording Academy scholarship fund. OneOf, constructed at the Tezos Blockchain, is in particular designed with musicians and listeners in thoughts. Recording Academy co-president Panos A Panay mentioned:
“As an Academy, we’re at all times in search of tactics to lend a hand artists uncover new sorts of inventive expression, whilst additionally developing new tactics of source of revenue era and tactics for lovers to engage with the artists that they love. OneOf stocks that imaginative and prescient, and we’re proud to paintings with a sustainable NFT corporate.”
OneOf co-founders Adam Fell, Joshua James and Lin Dai echoed their very own pleasure on the announcement announcing:
“If used to their complete possible, NFTs will empower the song business in some way few different applied sciences ever have. It is our nice honor to paintings with this prestigious group to lend a hand shepherd this brilliant long run to the business.”
OneOf introduced in August. The platform has hosted earlier token drops from Doja Cat, the Game, iHeartRadio Music Festival, and Alesso. Whitney Houston, TLC and G-Eazy have inked offers for long run drops with the corporate as neatly. The startup raised $63 Million previous to launching.