Music NFT News: OneOf Turns 1 Year • FanTiger +$5.5M • Tamago Adds $1M, Felix Da Housecat, Tiga • VRYNT NFT drop

Quincy Jones backed the Music NFT platform and marketplace One of celebrates its first birthday. It’s been at least 10 years on Web3, and yes, there’s a celebratory video:

OneOf turns a

FanTiger raises $5.5M for NFTs and fan communities

NFT music marketplace and fan community builder FanTiger and parent company ArtistFirst Technology raised $5.5 million in a funding round led by Multicoin Capital.

The round saw the participation of Krafton, Pravega, GAMA, Woodstock, IOSG, Polygon Studios, Sandeep Nailwal (co-founder of Polygon), Gokul Rajaram, Prashant Malik and Miten Sampat.

Founded by Prashan Agarwalex-CEO of the music department Gaanaand Krishna Singh, FanTiger allows independent artists to build fan communities on the platform to help shape their careers using music NFTs. Fans can purchase music NFTs to access an exclusive artist community, earn special rewards and privileges like exclusive content, dating opportunities, backstage access, and more. Artists can use the proceeds from the sale of musical NFTs for song creation, production, video and can also commit up to a certain percentage of the song’s royalty to the fan community for the marketing of the song.

Tamago + $1M + Felix Da Housecat + Paramida + Tiga

Web3 audio streaming platform Tamago announced $1 million in seed funding through Block0, Move Capital, Daedalus, Human Guild and Big Brain Holdings.

They’re announcing this alongside some key news on the artist and label side –

  • Chicago house music icon Felix Da The Domestic Cat will be releasing a full album exclusively on Tamago in October and plans to do multiple 1-on-1 NFT drops throughout the year on the platform.
    • Paramida, resident of Panorama Bar is also set to announce that she will be releasing the entire back catalog of her Love on the Rocks label online. It will also make an NFT exclusive release on Tamago in June. The release will include an unreleased track accompanied by a guest pass for all dates of his upcoming sold-out US tour.
  • Tiga also committed to an NFT drop this year and its Turbo recordings will start downloading their return catalog to platform next week

Tamago uses hybrid technology to create a new earnings feature for artists where they can seamlessly get paid for their streams. Each 1 of 1 is actually a single or collection of tracks that users can not only stream, but also purchase and add to their profile for other users to listen to.

These are basically music playlists that the buyer can monetize based on the royalty structure decided by the selling artist.

VRYNT Drops Influencer-Driven ORIGINS NFT 6.1 Map Packs

VRYNT, a community-driven web3 platform for creating one-of-a-kind NFTs with their favorite social influencers, launches its first-ever collection – ORIGINS – on June 15th.

Through the viral gamification of NFTs, VRYNT offers influencers, celebrities and brands a powerful tool to engage their audience and drive value for all ecosystem participants in unprecedented ways.

As Scott Brown, CEO of VRYNT explains, “To unlock the true potential of NFTs, we designed VRYNT to enable social influencers to create a deeper connection with their audience by unleashing the creativity of the community, while allowing the community to participate in the economic success of social. influencer.

“The VRYNT interface is designed to be an easy-to-use on-ramp for the majority of the world who are not yet familiar with blockchain, cryptocurrencies and NFTs. They should expect an interface of high quality, world-class and visually appealing that naturally guides them through the process of participating in a collection,” says Oisín Lyons, Operations and Community Manager of VRYNT.

After turning the unique designs into NFTs, users can then trade them on VRYNT’s own marketplace.

The Origins Collection with map packs available to hit NFTs will go live June 15 with a beta launch and whitelist starting June 1.

For more details, visit https://medium.com/vrynt/vrynt-origins-aa7ba9771351

Bruce Houghton is founder and publisher of Hypebot and MusicThinkTank and is senior adviser to Bandsintown which acquired both publications in 2019. He is the founder and president of Skyline Artists Agency and a professor at Berklee College Of Music.

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