In the last May of the last year, we learned about OneOf Seals emergence as a growing audio NFT platform. They became famous after the platform raised $63M in a fundraising effort. This effort specified that the majority of funds raised would be going straight to artists’ pockets.
Also, the platform was (and is still) clearly making strides in onboarding considerable talent. The talent includes personalities like John Legend and Whitney Houston working onto the OneOf platform.
This week, OneOf has a new partnership that will level up their positioning even further: Warner Music Group (WMG).
Here we are stating the news from today’s announcement and the current state of music and audio NFTs.
OneOf Looks To Be in A Class By Itself
Last month, OneOf was host to an unreleased Whitney Houston recording from when Houston was just 17 years old. This yielded a roughly $1M bid but the highest-priced NFT to be purchased on the Tezos Blockchain.
Further, the platform is backed by legendary record producer Quincy Jones. It was first launched in just May of last year. Also, OneOf has also found partnerships with the Grammy Awards and iHeartRadio to date.
In addition, the platform has positioned itself as a ‘green’ Web3 frontrunner in a growing sea of audio and music-based platforms in the NFT and blockchain space.
Furthermore, Audius made a splash last year by partnering with powerhouse social platform TikTok. This year, the Royal has been making headlines by releasing royalty-earning NFTs for hip-hop legend Nas.
To date, according to the reports from variety, WMG EVP Oana Ruxandra stated that the partnership with OneOf “gives our artists an edge. The catch here is they are authentically building one-to-one relationships with their fans and winning in the new Web3 economy.
