Reading time: ~2 m
Marketplace NFT OpeanSea has become an official partner of US record label Warner Music Group. According to Warner Music Group, artists who sign a contract with the corporation will receive personal pages on the OpenSea marketplace to interact with their fans and build a close-knit community.
OpenSea Supervisor Shiva Rajaramana said the Warner Music Group team is excited to partner with a partner who understands the value of blockchain technology and is committed to promoting it for the benefit of society. The current partnership will enable artists to interact closely with their fans, the expert emphasized.
In February 2022, Universal Music Group partnered with NFT platform Curio to transfer digital assets to a record company.
Also, the music streaming service Spotify in May of this year announced NFT testing based on its own platform.
Previously, the Crypto.ru editors informed: European legislative amendments regarding the fight against money laundering and the financing of terrorism in the foreseeable future may affect the DAO, DeFi and NFT segments. Many analysts suggest that the Metaverse industry will also be included in this list. If the amendments are ratified, then companies from this group will be required to follow the AML policy when processing payments in the amount of 1000 euros.
Experts note that legislative norms will not be adopted immediately. To do this, you need to go through a number of relevant procedures. Initially, the European Parliament must generate a service report. This will likely happen at the end of 2022.
#Warner #Music #Group #partners #OpenSea