Universal Music Group, the record label for stars like Taylor Swift and Drake, is the world’s most popular band to create an all-virtual music group. NFT one of the collections Bored Ape Yacht Club announced the acquisition of one of its NFTs.
Company Paid $360,817 for Bored Ape Yacht Club NFT
On Friday, the company announced that $360,817 for the purchase of the Bored Ape #5537 NFT. Ethereum announced as paid. Bored Ape #5537, a female monkey NFT named Manager Noët All, will lead the band formed in November.
As an all-digital music group, Kingship will have its own website and, in addition, a presence on the messaging platform Discord. The virtual music group is expected to produce new music and perform virtual performances on Metaverse after the preparations are completed.
Like Manager Noët All, all other members of the group are also NFTs. Other NFTs will be represented by three Bored Apes and a Mutant Ape on loan by collector Jim McNelis. “I think it would be great for it to be part of a culture,” McNelis said. said.
The idea of virtual bands of digital characters is not really new. The virtual group Gorillaz, formed by musician Damon Alborn and cartoonist Jamie Hewlett, released 7 albums with Warner Music Group’s Parlophone company. Hatsune Miku, one of Japan’s pop stars, also has the distinction of being a hologram.