\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related:<\/em><\/strong> Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? <\/a><\/p>\n\n\n\n

Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

LGND is planning to go live in January 2023 as a digital marketplace that sells songs as NFTs - where users can buy and listen to them on the platform. The Web3 startup will also feature desktop and mobile NFT apps and offer support for music NFTs from other companies.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? <\/a><\/p>\n\n\n\n

Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

''We are beyond thrilled to finally announce this monumental and ground-breaking partnership with Warner Music Group and Polygon,''<\/em> remarked Michael Rockwell, the CEO of LGND Music, in a statement dated December 6. ''We have been working for over a year to deliver the best-in-class blockchain experience for passionate music lovers all over the world,''<\/em> he added. <\/p>\n\n\n\n

LGND is planning to go live in January 2023 as a digital marketplace that sells songs as NFTs - where users can buy and listen to them on the platform. The Web3 startup will also feature desktop and mobile NFT apps and offer support for music NFTs from other companies.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? <\/a><\/p>\n\n\n\n

Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Music record label Warner Music Group has teamed<\/a> up with LGND Music - an upcoming marketplace on Polygon - to allow signed artists to sell music NFTs. Also included in the deal is the dance record label Spinnin\u2019 Records, a popular platform in electronic dance.<\/p>\n\n\n\n

''We are beyond thrilled to finally announce this monumental and ground-breaking partnership with Warner Music Group and Polygon,''<\/em> remarked Michael Rockwell, the CEO of LGND Music, in a statement dated December 6. ''We have been working for over a year to deliver the best-in-class blockchain experience for passionate music lovers all over the world,''<\/em> he added. <\/p>\n\n\n\n

LGND is planning to go live in January 2023 as a digital marketplace that sells songs as NFTs - where users can buy and listen to them on the platform. The Web3 startup will also feature desktop and mobile NFT apps and offer support for music NFTs from other companies.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? <\/a><\/p>\n\n\n\n

Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Even as OpenSea seeks to reclaim its lost glory, the crypto community speculates that the company could increase its marketplace fees once it manages to bring back the lost customers, currently testing models and searching for what works well for its users.<\/p>\n","post_title":"OpenSea NFT Marketplace Temporarily Suspends Transactions Fees Amidst Heated Competition","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"opensea-nft-marketplace-temporarily-suspends-transactions-fees-amidst-heated-competition","to_ping":"","pinged":"","post_modified":"2023-02-19 22:25:48","post_modified_gmt":"2023-02-19 11:25:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9967","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8676,"post_author":"13","post_date":"2022-12-08 22:44:35","post_date_gmt":"2022-12-08 11:44:35","post_content":"\n

Music record label Warner Music Group has teamed<\/a> up with LGND Music - an upcoming marketplace on Polygon - to allow signed artists to sell music NFTs. Also included in the deal is the dance record label Spinnin\u2019 Records, a popular platform in electronic dance.<\/p>\n\n\n\n

''We are beyond thrilled to finally announce this monumental and ground-breaking partnership with Warner Music Group and Polygon,''<\/em> remarked Michael Rockwell, the CEO of LGND Music, in a statement dated December 6. ''We have been working for over a year to deliver the best-in-class blockchain experience for passionate music lovers all over the world,''<\/em> he added. <\/p>\n\n\n\n

LGND is planning to go live in January 2023 as a digital marketplace that sells songs as NFTs - where users can buy and listen to them on the platform. The Web3 startup will also feature desktop and mobile NFT apps and offer support for music NFTs from other companies.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? <\/a><\/p>\n\n\n\n

Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u2018\u2018Recent events, including Blur\u2019s decision to roll back creator earnings (even on filtered collections) and the false choice they are forcing creators to make between liquidity on Blue or OpenSea \u2013 prove that our attempts are not working,\u2019\u2019 <\/em>the platform said, noting that the marketplace\u2019s current royalty policy prevents collections from being able to earn royalties everywhere. Blur has been keen to showcase the difference in its royalty payments to that of OpenSea.<\/p>\n\n\n\n

Even as OpenSea seeks to reclaim its lost glory, the crypto community speculates that the company could increase its marketplace fees once it manages to bring back the lost customers, currently testing models and searching for what works well for its users.<\/p>\n","post_title":"OpenSea NFT Marketplace Temporarily Suspends Transactions Fees Amidst Heated Competition","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"opensea-nft-marketplace-temporarily-suspends-transactions-fees-amidst-heated-competition","to_ping":"","pinged":"","post_modified":"2023-02-19 22:25:48","post_modified_gmt":"2023-02-19 11:25:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9967","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8676,"post_author":"13","post_date":"2022-12-08 22:44:35","post_date_gmt":"2022-12-08 11:44:35","post_content":"\n

Music record label Warner Music Group has teamed<\/a> up with LGND Music - an upcoming marketplace on Polygon - to allow signed artists to sell music NFTs. Also included in the deal is the dance record label Spinnin\u2019 Records, a popular platform in electronic dance.<\/p>\n\n\n\n

''We are beyond thrilled to finally announce this monumental and ground-breaking partnership with Warner Music Group and Polygon,''<\/em> remarked Michael Rockwell, the CEO of LGND Music, in a statement dated December 6. ''We have been working for over a year to deliver the best-in-class blockchain experience for passionate music lovers all over the world,''<\/em> he added. <\/p>\n\n\n\n

LGND is planning to go live in January 2023 as a digital marketplace that sells songs as NFTs - where users can buy and listen to them on the platform. The Web3 startup will also feature desktop and mobile NFT apps and offer support for music NFTs from other companies.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? <\/a><\/p>\n\n\n\n

Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

There is also an ongoing royalty war between the two N<\/a>FT<\/a> platforms, something the crypto community has welcomed as good for the industry's growth. OpenSea acknowledged this, saying it needed more to maintain its dominance.<\/p>\n\n\n\n

\u2018\u2018Recent events, including Blur\u2019s decision to roll back creator earnings (even on filtered collections) and the false choice they are forcing creators to make between liquidity on Blue or OpenSea \u2013 prove that our attempts are not working,\u2019\u2019 <\/em>the platform said, noting that the marketplace\u2019s current royalty policy prevents collections from being able to earn royalties everywhere. Blur has been keen to showcase the difference in its royalty payments to that of OpenSea.<\/p>\n\n\n\n

Even as OpenSea seeks to reclaim its lost glory, the crypto community speculates that the company could increase its marketplace fees once it manages to bring back the lost customers, currently testing models and searching for what works well for its users.<\/p>\n","post_title":"OpenSea NFT Marketplace Temporarily Suspends Transactions Fees Amidst Heated Competition","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"opensea-nft-marketplace-temporarily-suspends-transactions-fees-amidst-heated-competition","to_ping":"","pinged":"","post_modified":"2023-02-19 22:25:48","post_modified_gmt":"2023-02-19 11:25:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9967","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8676,"post_author":"13","post_date":"2022-12-08 22:44:35","post_date_gmt":"2022-12-08 11:44:35","post_content":"\n

Music record label Warner Music Group has teamed<\/a> up with LGND Music - an upcoming marketplace on Polygon - to allow signed artists to sell music NFTs. Also included in the deal is the dance record label Spinnin\u2019 Records, a popular platform in electronic dance.<\/p>\n\n\n\n

''We are beyond thrilled to finally announce this monumental and ground-breaking partnership with Warner Music Group and Polygon,''<\/em> remarked Michael Rockwell, the CEO of LGND Music, in a statement dated December 6. ''We have been working for over a year to deliver the best-in-class blockchain experience for passionate music lovers all over the world,''<\/em> he added. <\/p>\n\n\n\n

LGND is planning to go live in January 2023 as a digital marketplace that sells songs as NFTs - where users can buy and listen to them on the platform. The Web3 startup will also feature desktop and mobile NFT apps and offer support for music NFTs from other companies.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? <\/a><\/p>\n\n\n\n

Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Royalty Wars Between Blur And OpenSea<\/h2>\n\n\n\n

There is also an ongoing royalty war between the two N<\/a>FT<\/a> platforms, something the crypto community has welcomed as good for the industry's growth. OpenSea acknowledged this, saying it needed more to maintain its dominance.<\/p>\n\n\n\n

\u2018\u2018Recent events, including Blur\u2019s decision to roll back creator earnings (even on filtered collections) and the false choice they are forcing creators to make between liquidity on Blue or OpenSea \u2013 prove that our attempts are not working,\u2019\u2019 <\/em>the platform said, noting that the marketplace\u2019s current royalty policy prevents collections from being able to earn royalties everywhere. Blur has been keen to showcase the difference in its royalty payments to that of OpenSea.<\/p>\n\n\n\n

Even as OpenSea seeks to reclaim its lost glory, the crypto community speculates that the company could increase its marketplace fees once it manages to bring back the lost customers, currently testing models and searching for what works well for its users.<\/p>\n","post_title":"OpenSea NFT Marketplace Temporarily Suspends Transactions Fees Amidst Heated Competition","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"opensea-nft-marketplace-temporarily-suspends-transactions-fees-amidst-heated-competition","to_ping":"","pinged":"","post_modified":"2023-02-19 22:25:48","post_modified_gmt":"2023-02-19 11:25:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9967","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8676,"post_author":"13","post_date":"2022-12-08 22:44:35","post_date_gmt":"2022-12-08 11:44:35","post_content":"\n

Music record label Warner Music Group has teamed<\/a> up with LGND Music - an upcoming marketplace on Polygon - to allow signed artists to sell music NFTs. Also included in the deal is the dance record label Spinnin\u2019 Records, a popular platform in electronic dance.<\/p>\n\n\n\n

''We are beyond thrilled to finally announce this monumental and ground-breaking partnership with Warner Music Group and Polygon,''<\/em> remarked Michael Rockwell, the CEO of LGND Music, in a statement dated December 6. ''We have been working for over a year to deliver the best-in-class blockchain experience for passionate music lovers all over the world,''<\/em> he added. <\/p>\n\n\n\n

LGND is planning to go live in January 2023 as a digital marketplace that sells songs as NFTs - where users can buy and listen to them on the platform. The Web3 startup will also feature desktop and mobile NFT apps and offer support for music NFTs from other companies.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? <\/a><\/p>\n\n\n\n

Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

OpenSea is also seeking to boost creators' earnings to reduce outflows. In theTwitter thread, the company said Saturday that it was \u2018\u2018moving to a minimum 0.5% creator earnings model, with the option for sellers to pay more. That, it added, applies to all collections that do not use on-chain enforcement.\u2019\u2019<\/p>\n\n\n\n

Royalty Wars Between Blur And OpenSea<\/h2>\n\n\n\n

There is also an ongoing royalty war between the two N<\/a>FT<\/a> platforms, something the crypto community has welcomed as good for the industry's growth. OpenSea acknowledged this, saying it needed more to maintain its dominance.<\/p>\n\n\n\n

\u2018\u2018Recent events, including Blur\u2019s decision to roll back creator earnings (even on filtered collections) and the false choice they are forcing creators to make between liquidity on Blue or OpenSea \u2013 prove that our attempts are not working,\u2019\u2019 <\/em>the platform said, noting that the marketplace\u2019s current royalty policy prevents collections from being able to earn royalties everywhere. Blur has been keen to showcase the difference in its royalty payments to that of OpenSea.<\/p>\n\n\n\n

Even as OpenSea seeks to reclaim its lost glory, the crypto community speculates that the company could increase its marketplace fees once it manages to bring back the lost customers, currently testing models and searching for what works well for its users.<\/p>\n","post_title":"OpenSea NFT Marketplace Temporarily Suspends Transactions Fees Amidst Heated Competition","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"opensea-nft-marketplace-temporarily-suspends-transactions-fees-amidst-heated-competition","to_ping":"","pinged":"","post_modified":"2023-02-19 22:25:48","post_modified_gmt":"2023-02-19 11:25:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9967","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8676,"post_author":"13","post_date":"2022-12-08 22:44:35","post_date_gmt":"2022-12-08 11:44:35","post_content":"\n

Music record label Warner Music Group has teamed<\/a> up with LGND Music - an upcoming marketplace on Polygon - to allow signed artists to sell music NFTs. Also included in the deal is the dance record label Spinnin\u2019 Records, a popular platform in electronic dance.<\/p>\n\n\n\n

''We are beyond thrilled to finally announce this monumental and ground-breaking partnership with Warner Music Group and Polygon,''<\/em> remarked Michael Rockwell, the CEO of LGND Music, in a statement dated December 6. ''We have been working for over a year to deliver the best-in-class blockchain experience for passionate music lovers all over the world,''<\/em> he added. <\/p>\n\n\n\n

LGND is planning to go live in January 2023 as a digital marketplace that sells songs as NFTs - where users can buy and listen to them on the platform. The Web3 startup will also feature desktop and mobile NFT apps and offer support for music NFTs from other companies.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? <\/a><\/p>\n\n\n\n

Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Non-fungible marketplace OpenSea is reducing<\/a> its fees to 0% for a limited time, seeking to counter a rising competition in the sector, which recently saw it relinquish the top spot as the largest NFT platform to rival Blur. At press time, analytics firm DappRadar ranked Blur at the top with - monthly transaction volumes of $65 million - compared to OpenSea\u2019s $14 million.<\/p>\n\n\n\n

OpenSea is also seeking to boost creators' earnings to reduce outflows. In theTwitter thread, the company said Saturday that it was \u2018\u2018moving to a minimum 0.5% creator earnings model, with the option for sellers to pay more. That, it added, applies to all collections that do not use on-chain enforcement.\u2019\u2019<\/p>\n\n\n\n

Royalty Wars Between Blur And OpenSea<\/h2>\n\n\n\n

There is also an ongoing royalty war between the two N<\/a>FT<\/a> platforms, something the crypto community has welcomed as good for the industry's growth. OpenSea acknowledged this, saying it needed more to maintain its dominance.<\/p>\n\n\n\n

\u2018\u2018Recent events, including Blur\u2019s decision to roll back creator earnings (even on filtered collections) and the false choice they are forcing creators to make between liquidity on Blue or OpenSea \u2013 prove that our attempts are not working,\u2019\u2019 <\/em>the platform said, noting that the marketplace\u2019s current royalty policy prevents collections from being able to earn royalties everywhere. Blur has been keen to showcase the difference in its royalty payments to that of OpenSea.<\/p>\n\n\n\n

Even as OpenSea seeks to reclaim its lost glory, the crypto community speculates that the company could increase its marketplace fees once it manages to bring back the lost customers, currently testing models and searching for what works well for its users.<\/p>\n","post_title":"OpenSea NFT Marketplace Temporarily Suspends Transactions Fees Amidst Heated Competition","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"opensea-nft-marketplace-temporarily-suspends-transactions-fees-amidst-heated-competition","to_ping":"","pinged":"","post_modified":"2023-02-19 22:25:48","post_modified_gmt":"2023-02-19 11:25:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9967","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8676,"post_author":"13","post_date":"2022-12-08 22:44:35","post_date_gmt":"2022-12-08 11:44:35","post_content":"\n

Music record label Warner Music Group has teamed<\/a> up with LGND Music - an upcoming marketplace on Polygon - to allow signed artists to sell music NFTs. Also included in the deal is the dance record label Spinnin\u2019 Records, a popular platform in electronic dance.<\/p>\n\n\n\n

''We are beyond thrilled to finally announce this monumental and ground-breaking partnership with Warner Music Group and Polygon,''<\/em> remarked Michael Rockwell, the CEO of LGND Music, in a statement dated December 6. ''We have been working for over a year to deliver the best-in-class blockchain experience for passionate music lovers all over the world,''<\/em> he added. <\/p>\n\n\n\n

LGND is planning to go live in January 2023 as a digital marketplace that sells songs as NFTs - where users can buy and listen to them on the platform. The Web3 startup will also feature desktop and mobile NFT apps and offer support for music NFTs from other companies.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? <\/a><\/p>\n\n\n\n

Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  • There is an ongoing royalty war between the two NFT marketplaces.<\/li>\n<\/ul>\n\n\n\n

    Non-fungible marketplace OpenSea is reducing<\/a> its fees to 0% for a limited time, seeking to counter a rising competition in the sector, which recently saw it relinquish the top spot as the largest NFT platform to rival Blur. At press time, analytics firm DappRadar ranked Blur at the top with - monthly transaction volumes of $65 million - compared to OpenSea\u2019s $14 million.<\/p>\n\n\n\n

    OpenSea is also seeking to boost creators' earnings to reduce outflows. In theTwitter thread, the company said Saturday that it was \u2018\u2018moving to a minimum 0.5% creator earnings model, with the option for sellers to pay more. That, it added, applies to all collections that do not use on-chain enforcement.\u2019\u2019<\/p>\n\n\n\n

    Royalty Wars Between Blur And OpenSea<\/h2>\n\n\n\n

    There is also an ongoing royalty war between the two N<\/a>FT<\/a> platforms, something the crypto community has welcomed as good for the industry's growth. OpenSea acknowledged this, saying it needed more to maintain its dominance.<\/p>\n\n\n\n

    \u2018\u2018Recent events, including Blur\u2019s decision to roll back creator earnings (even on filtered collections) and the false choice they are forcing creators to make between liquidity on Blue or OpenSea \u2013 prove that our attempts are not working,\u2019\u2019 <\/em>the platform said, noting that the marketplace\u2019s current royalty policy prevents collections from being able to earn royalties everywhere. Blur has been keen to showcase the difference in its royalty payments to that of OpenSea.<\/p>\n\n\n\n

    Even as OpenSea seeks to reclaim its lost glory, the crypto community speculates that the company could increase its marketplace fees once it manages to bring back the lost customers, currently testing models and searching for what works well for its users.<\/p>\n","post_title":"OpenSea NFT Marketplace Temporarily Suspends Transactions Fees Amidst Heated Competition","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"opensea-nft-marketplace-temporarily-suspends-transactions-fees-amidst-heated-competition","to_ping":"","pinged":"","post_modified":"2023-02-19 22:25:48","post_modified_gmt":"2023-02-19 11:25:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9967","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8676,"post_author":"13","post_date":"2022-12-08 22:44:35","post_date_gmt":"2022-12-08 11:44:35","post_content":"\n

    Music record label Warner Music Group has teamed<\/a> up with LGND Music - an upcoming marketplace on Polygon - to allow signed artists to sell music NFTs. Also included in the deal is the dance record label Spinnin\u2019 Records, a popular platform in electronic dance.<\/p>\n\n\n\n

    ''We are beyond thrilled to finally announce this monumental and ground-breaking partnership with Warner Music Group and Polygon,''<\/em> remarked Michael Rockwell, the CEO of LGND Music, in a statement dated December 6. ''We have been working for over a year to deliver the best-in-class blockchain experience for passionate music lovers all over the world,''<\/em> he added. <\/p>\n\n\n\n

    LGND is planning to go live in January 2023 as a digital marketplace that sells songs as NFTs - where users can buy and listen to them on the platform. The Web3 startup will also feature desktop and mobile NFT apps and offer support for music NFTs from other companies.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? <\/a><\/p>\n\n\n\n

    Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

    Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

    According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

    On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • Blur recently overtook OpenSea to become the leading NFT marketplace in monthly volumes.<\/li>\n\n\n\n
  • There is an ongoing royalty war between the two NFT marketplaces.<\/li>\n<\/ul>\n\n\n\n

    Non-fungible marketplace OpenSea is reducing<\/a> its fees to 0% for a limited time, seeking to counter a rising competition in the sector, which recently saw it relinquish the top spot as the largest NFT platform to rival Blur. At press time, analytics firm DappRadar ranked Blur at the top with - monthly transaction volumes of $65 million - compared to OpenSea\u2019s $14 million.<\/p>\n\n\n\n

    OpenSea is also seeking to boost creators' earnings to reduce outflows. In theTwitter thread, the company said Saturday that it was \u2018\u2018moving to a minimum 0.5% creator earnings model, with the option for sellers to pay more. That, it added, applies to all collections that do not use on-chain enforcement.\u2019\u2019<\/p>\n\n\n\n

    Royalty Wars Between Blur And OpenSea<\/h2>\n\n\n\n

    There is also an ongoing royalty war between the two N<\/a>FT<\/a> platforms, something the crypto community has welcomed as good for the industry's growth. OpenSea acknowledged this, saying it needed more to maintain its dominance.<\/p>\n\n\n\n

    \u2018\u2018Recent events, including Blur\u2019s decision to roll back creator earnings (even on filtered collections) and the false choice they are forcing creators to make between liquidity on Blue or OpenSea \u2013 prove that our attempts are not working,\u2019\u2019 <\/em>the platform said, noting that the marketplace\u2019s current royalty policy prevents collections from being able to earn royalties everywhere. Blur has been keen to showcase the difference in its royalty payments to that of OpenSea.<\/p>\n\n\n\n

    Even as OpenSea seeks to reclaim its lost glory, the crypto community speculates that the company could increase its marketplace fees once it manages to bring back the lost customers, currently testing models and searching for what works well for its users.<\/p>\n","post_title":"OpenSea NFT Marketplace Temporarily Suspends Transactions Fees Amidst Heated Competition","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"opensea-nft-marketplace-temporarily-suspends-transactions-fees-amidst-heated-competition","to_ping":"","pinged":"","post_modified":"2023-02-19 22:25:48","post_modified_gmt":"2023-02-19 11:25:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9967","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8676,"post_author":"13","post_date":"2022-12-08 22:44:35","post_date_gmt":"2022-12-08 11:44:35","post_content":"\n

    Music record label Warner Music Group has teamed<\/a> up with LGND Music - an upcoming marketplace on Polygon - to allow signed artists to sell music NFTs. Also included in the deal is the dance record label Spinnin\u2019 Records, a popular platform in electronic dance.<\/p>\n\n\n\n

    ''We are beyond thrilled to finally announce this monumental and ground-breaking partnership with Warner Music Group and Polygon,''<\/em> remarked Michael Rockwell, the CEO of LGND Music, in a statement dated December 6. ''We have been working for over a year to deliver the best-in-class blockchain experience for passionate music lovers all over the world,''<\/em> he added. <\/p>\n\n\n\n

    LGND is planning to go live in January 2023 as a digital marketplace that sells songs as NFTs - where users can buy and listen to them on the platform. The Web3 startup will also feature desktop and mobile NFT apps and offer support for music NFTs from other companies.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? <\/a><\/p>\n\n\n\n

    Polygon Welcomes The Deal As An Evolution In The Music Industry<\/h2>\n\n\n\n

    Polygon Studios CEO Ryan Wyatt thinks the new partnership is the right step in the music industry. In a statement, Wyatt said, ''the way that we own and experience music is evolving by fully embracing decentralized technologies and collectibles.'' <\/em><\/p>\n\n\n\n

    According to its website<\/a>, LGND is a platform that lets users collect, own, and trade music. The company features Music digital collectibles or Virtual Vinyl - a high-resolution audio that aims to allow for actual music ownership. The e-commerce platform also aims to let fans own music tokens and work with digital collectibles.<\/p>\n\n\n\n

    On the other hand, WMG has entered into several partnerships relating to Web 3.0 in 2022, including one with the Sandbox that seeks to launch metaverse concerts and events in the blockchain. The music record label also signed a partnership with the Ethereum NFT marketplace OpenSea to allow artists sell their content on the platform.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects<\/a><\/p>\n","post_title":"Warner Music Group To Launch Music NFTs In Partnership With Polygon, LGND","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warner-music-group-to-launch-music-nfts-in-partnership-with-polygon-lgnd","to_ping":"","pinged":"","post_modified":"2022-12-08 22:47:36","post_modified_gmt":"2022-12-08 11:47:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8676","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n