Music app

Our Happy Company: John Legend’s NFT Music App Raises $7.5M in Seed Funding

Source: Cryptonaire

Our Happy Company, which Grammy Award-winning John Legend co-founded, recently managed to raise around $7.5 million in seed funding and would use that money to continue developing new features for its very first product, the NFT (non-fungible token) music platform, OurSong, which launched in February.

In other words, OurSong is simply the very first mobile app from a company commonly known as Our Happy Company, built with ambitious plans to reshape said industry for songwriters and artists. It really seems like Legend just wants to monetize your “vibes”!

On top of that, superstar songwriter and artist John Legend has reportedly recently sold his catalog of songs to BMG x KKR. Moreover, to date, Our Happy Company has proudly announced that it has successfully raised approximately $7.5 million in a seed round led by Infinity Ventures Crypto and Animoca Brands, which is also known to be the parent gaming platform, The Sandbox. .

Moreover, aside from John Legend, Our Happy Company was simply founded by veterans of the streaming and entertainment industries, including Chris Lin, CEO and founder of music streaming service KKBOX, and co-founder of the platform. popular Twitch, Kevin Lin.

Source: Cryptogainn.com

Going further, OurSong is said to be currently live as a mobile app, both for Android and IOS devices, which allows users of the platform to easily create their own static image, music or even NFTs. video or just buy other people’s NFTs. which OurSong calls ”Vibes”.

Not only that, according to the platform’s website, it is said to currently support tokens on BNB Chain, Ethereum as well as Thundercore. Along the same lines, while minting non-fungible tokens the “traditional” way via a smart contract can seem very cumbersome and confusing to the uninitiated, OurSong is a platform that focuses on offers users a friendly typing of Vibes using its mobile app itself.

However, it also holds custody so users don’t really have to rely on a cryptocurrency wallet like MetaMask. That said, OurSong keeps all Vibes as well as currencies in its own app-based wallet, but users can easily withdraw Vibes to their MetaMask or another crypto wallet if they wish.

Finally, according to the platform, one of the fundamental requirements of the open metaverse is that it must also be able to provide a fair system for creators. Accordingly, their primary mission is simply to elevate musicians and artists, and all creators, to higher levels of individual achievement.

In conclusion, what do you think of John Legend’s OurSong? Let us know in the comments box below. To learn more about different cryptocurrencies and NFTs, check out the other articles we have on our website. Thank you for your time and if you found our content informative, please share it with your investing friends!

Read also : The Telegram app introduces a feature to send cryptocurrencies!


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