Thursday, November 21

The Recording Academy, presenters of the prestigious Grammy Awards, and music NFT platform OneOf announce exclusive partnership to launch NFTs commemorating the 64th, 65th and 66th GRAMMY Awards.

OneOf is popular green NFT marketplace built for music and the platform is backed by 28-time GRAMMY Award winner Quincy Jones.

Commenting on the partnership, Quincy Jones said:

“I’ve been advocating for artists my entire career, so any technology that serves to help musicians make a living is something I fully stand behind. “It excites me to know that OneOf is working to bring more money into the ecosystem, and simultaneously, I’ve been with the GRAMMYs/the Recording Academy since its inception. So, it makes my soul smile to see OneOf partnering with this wonderful organization, and I look forward to seeing the good they will do for artists.”

Recently, American rapper, singer and songwriter Doja Cat launcheed ‘Planet Doja’ NFT On OneOf.

The Recording Academy said in a press statement that the details on the NFT collections will be revealed in early January 2022 ahead of the 64th Annual GRAMMY Awards, taking place on Jan. 31, 2022.

Read Also: Legacy Records First Record Label to Pay Music Artists with Cryptocurrency

The NFTs will be released as collectibles and experiences celebrating the GRAMMY Awards, nominees and recipients, including tokens designed by world-famous crypto artists using the iconic GRAMMY Award itself.

The Recording Academy also announced that a part of the proceeds of the NFTs will go to the Recording Academy’s scholarship fund.

Read Also: UREEQA Empowering Young Cypriot Music Artists with NFT

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Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

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