Billboard and Universal Music Group Partner to Launch Flow-Based NFT Collectibles

Billboard and Universal Music Group Partner to Launch Flow-Based NFT Collectibles

THELOGICALINDIAN - On March 2 the all-around music media cast Billboard appear the close has partnered with Universal Music Group UMG in adjustment to barrage a nonfungible badge NFT activity alleged Chartstars According to Billboard the Chartstars activity will be Billboards aboriginal NFT artefact focused on music admirers as Chartstars aims to admire achievements and milestones on the Billboard Charts

Billboard Joins the NFT Ecosystem

The American music and ball aggregation Billboard has appear it has partnered with Universal Music Group (UMG) in adjustment to access the growing NFT ecosystem. The aggregation appear on Wednesday that Advance is ablution an NFT activity alleged Chartstars and the firm’s NFT accumulation will advantage the Flow blockchain. Advance added appear the Chartstars NFTs will affection “officially accountant art and artistic including abbreviate beheld clips from music videos, and anthology photography.”

“The barrage of Chartstars marks Billboard’s aboriginal scalable NFT artefact geared against music fans. Chartstars will be a accumulating of artist-focused agenda artwork that commemorates achievements and milestones on the Billboard Charts,” Billboard’s advertisement explains. Furthermore, the music and ball close said that incentives will be implemented into the Billboard NFT project. Billboards Chartstars NFT advertisement adds:

UMG and Billboard Execs Believe NFTs Make It so Fans Can Be ‘Forever Linked to Their Favorite Artists’

Universal Music Group (UMG) afresh revealed it partnered with the NFT exchange Curio in mid-February. UMG additionally launched a Bored Ape Yacht Club (BAYC) ball activity in mid-November aftermost year. Michael Nash, UMG’s controlling carnality admiral of agenda strategy, said Billboard is beat new means for music admirers to affix to artists.

“By harnessing its iconic archive for these acute agenda collectibles, Billboard is creating a ground-breaking new way for artists and admirers to bless different achievements and cultural moments,” Nash said in a account on Wednesday. Julian Holguin, the admiral of Billboard, agrees with Nash about NFTs creating new means for admirers to collaborate and allotment buying with today’s music artists.

“For the aboriginal time, music admirers will now accept an befalling to be always affiliated to their admired artists, by administration buying of a moment in time,” Holguin remarked during the announcement. “These agenda collectibles will bless and admire appropriate blueprint achievements with visually beauteous [creativity]. Admirers will additionally attempt for real-life prizes, abacus an accurate band of gamification to the absolute platform,” the Billboard controlling added.

What do you anticipate about Billboard entering the apple of NFTs? Let us apperceive what you anticipate about this accountable in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons