Polygon and Warner Music to release music NFTs
Polygon (Matic) has teamed up with Warner Music to launch the LGND music platform, which will enable users to play their digital records.
Warner Music has teamed up with Polygon to create music NFTs
Polygon's latest tweet might mark the beginning of a new era in the music industry. Back in September, Warner Music signed a partnership agreement with OpenSea to expand Web3 capabilities for their artists and enable them to sell their artwork as NFTs. And now Warner Music has stepped up its vision to digitize music, by partnering with Polygon on the creation of the LGND Music platform.
SOURCE: TWITTER.COM
What is LGND Music?
LGND technology allows artists for actual ownership over music, which fans can buy, sell, trade, and collect 24/7.
It can also be used to sell tickets, earn rewards on the platform, and give exclusive access to the most dedicated fans. Artists need a platform to interact directly with their audience, with the opportunity to capitalize on their art.
SOURCE: LGND.MUSIC.COM
LGND Music comments on the platform launch
LGND Music digital collectibles, or Virtual Vinyl, is the evolution that adds value and utility to the music industry that wasn't possible until now. It's collectible hi-res audio that goes anywhere.
This is just the beginning – we've got big plans to bring you revolutionary content with your favorite artists and introduce you to new music that will be heavy in your rotation.
SOURCE: LGND.MUSIC.COM
LGND Music will be available on desktop and mobile devices. The platform will also support other music NFTs. According to LGND’s announcement, the platform is scheduled to launch in January 2023.
