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.