The “big man” of the music business Warner Music Group develops a blockchain game with Splinterlands

Warner Music Group (WMG) has announced a partnership with blockchain game developer Splinterlands to offer you artists a quantity of one of a kind new options.

"Boss" Music industry Warner Music Group develops blockchain games with Splinterlands
The “big man” of the music business Warner Music Group develops a blockchain game with Splinterlands

On February 23, Warner Music Group announced that it has partnered with Splinterlands, a developer of fantasy-themed trading card video games. The two firms will cooperate and offer you WMG artists the possibility to unleash their creativity and create blockchain video games in accordance to the Play to Earn model.

The Warner Music Group initial entered the NFT / metaverse area when it partnered with The Sandbox to host a fan-only virtual concert carried out solely by WMG artists. In a statement, Oana Ruxandra, WMG’s chief digital officer and executive vice president of business enterprise advancement, stated:

“By partnering with Splinterlands to create blockchain games, we will open new revenue streams for the company’s artists who have an interest in the space, while enhancing the role of fans and the community.”

Additionally, Splinterlands co-founder and CEO Jesse Reich commented:

“Warner Music Group is a leader in the music business. They are innovating the business to meet the specifications set by members of the Web3 local community. We are enthusiastic to perform with them and seem forward to new collaborations at the intersection of video games, music and cryptocurrencies. “

Splinterlands was founded in 2018 and is the organization that designed the blockchain game of the very same title, primarily based on the concept of ​​one-on-one particular ability duels making use of distinct cards. Splinterlands also permits gamers to freely obtain, promote and trade their tokens, with all transactions recorded on the Hive blockchain. Splinterlands at present has one.eight million subscribers, together with 450,000 each day end users, and a short while ago passed the one billion game battle milestone. According to DappRadar, Splinterlands has come to be the most common blockchain game primarily based on the quantity of end users above the previous 7 days.

However, Warner Music Group’s most current move proves the moment once more that the NFT gaming / metaverse section is steadily starting to be the principal mainstream in the latest market place. Because in virtually the initial two months of 2022, much more than ten advancement money appeared that poured in dollars to create and increase new methods in this discipline together with KuCoin (one hundred million USD), Chromia / My Neighbor Alice / Mines of Dalarnia ($ 80 million), Hashed ($ 200 million), Animoca Brands / Binance Smart Chain ($ 200 million), Solana Ventures (two money totaling $ 250 million), FTX Ventures ($ two billion), FTX.US (produces a separate division for blockchain video games), The Sandbox ($ 50 million), GameStop ($ one hundred million) and Gala Games ($ five billion).

GameFi and Metaverse venture investment overview in 2021. Source: GameFi 2021 overview report – GameMarketCap x Ancient8

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