HomeNewsGrammy-winner John Legend launches new music and art NFT platform

Grammy-winner John Legend launches new music and art NFT platform

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American singer-songwriter John Tale is solidifying his verbalize amongst the ranks of celebrities flocking to the sector of nonfungible tokens (NFTs), serving to launch a brand fresh NFT platform for musicians and other entertainers.

The platform called OurSong permits artists to tokenize and sell their work, awarding patrons with privileges like access to unreleased tunes and non-public chatrooms.

“All people can now turn stories, tune, pictures, and any additional or much less art into NFT procuring and selling cards called Vibes,” the platform states. “Vibes allow you to release weird updates and access non-public chat communities the set it’s essential to possibly well presumably also meet like-minded others.”

Tale will act as Chief Impact Officer, tasked with attracting up-and-coming artists and their fan bases.

In an interview with Bloomberg, Tale talked about that though he spends most of his mental vitality severe about a tune, he hopes the platform could possibly well assist to connect folks.

“After I imagine what I wish to develop, I strive to earn enthusiastic with initiatives that I have confidence will kind the sector more connected.”

Well-known names hooked as much as the project, including the co-founder of digital tune streaming carrier KKBOX, Chris Lin, who will reduction as the fresh company’s CEO. Cofounder of the dwell video streaming platform Twitch, Kevin Lin, and founder of early-stage endeavor capital company Cherubic Ventures, Matt Cheng, will additionally be becoming a member of the crew.

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In line with Lin, the platform obtained’t require users to absorb a crypto pocket. In line with the Phrases of Service, it’s essential to possibly well presumably also most sensible seemingly bewitch Vibes with OurSongDollars (OSD). “You should well presumably deposit OSD in OurSong by procuring it with the bank card, debit card, wire payment, or USD Coin deposited on your pockets on Circle’s blockchain,” it states.

The musician and his co-founders didn’t present any additional monetary small print about the project.

This isn’t Tale’s first foray on this planet of NFTs. In Might possibly possibly possibly presumably 2021, Tale used to be announced as a partner of the “OneOf” NFT platform amongst the likes of Doja Cat and Whitney Houston.

He isn’t the most major well-known person to dip his toes on this planet of NFTs and cryptocurrency either, though most celebrities opt to mint their very absorb assortment as a substitute for increasing an entire platform.

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One famous exception is the Astronomical Bowl champion Tom Brady, who launched a sports-centered NFT platform called “Autograph” in April 2021.

Even supposing many broad names are alive to earn focused on the set — equivalent to Paris Hilton, who only in the near past announced she would be losing her first NFT assortment with Superplastic — others aren’t so impressed.

Most only in the near past, Kanye West dragged the NFT world in an Instagram put up, writing “Enact now not assign a question to me to develop a f*cking NFT.”

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