Music NFT News: CTI buys Xave • G-Eazy mints • Reverberate Ukraine NFTs • John Legend’s OurSong • Nomad Media Club opens to creators
French gaming and blockchain developer Crypto Blockchain Industries (CBI) has acquired Xave, a blockchain tech company based in Barcelona and Argentina that is developing Xave World, a dedicated music metaverse.
With its own cryptocurrency (Xave Coin) and marketplace (Xave Market), the Xave World metaverse offers a range of entertainment and concert experiences, creation tools, and NFTs.
Xave will now become part of CTI’s Alphaverse,
G-Easy’s first
G-Eazy has launched his first NFT collection in partnership with OneOf. Its the first of multiple drops with “The Geralds” eventually including Green, Gold, Platinum and Diamond tiers.
The designs were created by Dutch artist Dzanar (Ed Sheeran, Kesha), and offer fans the chance to access exclusive music and perks including VIP concert tickets, parties at Resorts World Las Vegas, and dinner with G-Easy in LA,.
Reverberate Ukraine NFT Auction
Island Records UK and Ukrainian artist Alexey Kondakov have created a collection of five NFTs that will be auctioned to raise funds to support the relief effort in Ukraine.
The Reverberate Ukraine NFTs will be auctioned in London between 2-12 May with 100% of the sales going to non-profit organizationJose Andre’s World Central Kitchen.
John Legend’s OurSong
John Legend’s Our Happy Company has raised $7.5 million to grow it social NFT platform, OurSong, which launched earlier this year.
Read our full story here.
Nomad Media Club Opens
Web 3 music streaming platform, the Nomad Media Club, opened its artist pre-registration Friday on its way toi launching an holistic home for audio sharing and social networking, accessed only through ownership of NFTs.
The shared audio Social Hub platform is part of the 2023 vision of a Nomad Mediaverse with open borders and monetization opportunities for creatives exploring Web 3 opportunities.
Musicians, podcasters and artists can now pre-register to mint one of Nomad Media Club’s 5,000 unique and metaverse-ready Founders Pass NFTs as the genesis of the Nomad Mediaverse. This pass enables the owner to share and stream content, network with artists and listeners, access free community resources and expertise, as well as multiple opportunities to accrue crypto while using the platform.
Designed to disrupt subscription-based streaming models and build a platform for non-established artists to benefit from digital commercial opportunities, the Social Hub employs layer two protocols that allow artists and podcasters to earn and keep 100% of their revue in crypto royalties. Crypto earned by artists and listeners can then be used for utilities and services on the platform, as well as staked or sold on third-party marketplaces, without the contractual or financial ties of a typical music streaming platform.
