Friday, November 22, 2024
HomeAltcoinsLÜM will release 'Access Pass' NFTs for 25 well-known musicians

LÜM will release ‘Access Pass’ NFTs for 25 well-known musicians

LÜM, a music platform located in the United States, is slated to unveil 25 collaborations with well-known musicians later this quarter as part of a re-launch with NBA Top Shot’s Dapper Labs.

LÜM was founded in 2018 and has grown to over 200,000 members with a platform that offers services including social networking, music streaming, and micro-tipping to its associated musicians and followers.

According to Crunchbase statistics, the company has raised $4.4 million in investment since 2018, and in 2020 teamed with prominent R&B singer-songwriter Ne-Yo.

LÜM, on the other hand, is abandoning that business model and will relaunch in March on Dapper Labs’ Flow blockchain, with an emphasis on musician-related NFTs.

Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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