Algorand (ALGOUSD)

[waldo77]

Universal Music Group to Release NFTs on LimeWire’s Algorand Marketplace
https://decrypt.co/100704/universal-music-group-nfts-limewire-algorand-marketplacehttps://decrypt.co/100704/universal-music-group-nfts-limewire-algorand-marketplace

'...The major music label behind Taylor Swift, U2, Kendrick Lamar, and BTS will let artists drop NFTs on the new Web3 version of LimeWire...'

"...Digital music sharing services are coming back… in Web3 form. Just days after news broke that Napster will return in the form of an NFT marketplace on Algorand, LimeWire—which announced its own Algorand-based marketplace in March—announced today that it has signed major label Universal Music Group to its platform.

The global deal will let artists signed to Universal Music Group and its myriad imprint labels release tokenized digital collectibles via the upcoming LimeWire marketplace. Universal’s imprints include the likes of Interscope Records, Def Jam Records, Motown Records, Geffen, Republic Records, EMI, Virgin Music, and others.

Collectively, the Universal Music Group lineup includes such massive artists as Taylor Swift, Kendrick Lamar, The Rolling Stones, U2, BTS, Chris Stapleton, The Weeknd, Abba, and Elton John. Today’s deal doesn’t necessarily mean that any of those artists will release NFTs via LimeWire, but they will apparently have the opportunity to do so..."