The company will use the funds for developing a sound infrastructure for Web3 artists and the music industry, raising awareness, and priming it for scalability.
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Web 3.0 fans will be able to purchase a limited number of Music NFT editions, which also feature instant music downloads.
Paramida X Tamago NFT Auction Starts Wednesday 6th July 00.01 EST – Thursday 14th July.
The Authentic Artists’ team is reimagining the source, expression and shared experience of music for audiences in the metaverse and across all connected stages.
“The music industry suffers from an unacceptable lack of transparency in digital revenue that goes back to artists from giant streaming solutions such as Spotify,” states Tamago Co-Founder, Clarian North.
Musicians can conveniently publish NFTs on the Wom creation platform and also earn revenue at the same time.
Founded in 2020 by tech and marketing leader Cardin Campbell trac intends to tokenize the music industry.