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Tuesday, July 16, 2024

Universal Music Group’s Web3 Label Buys Bored Ape NFT Worth $360K

, 1022pm.eth owns 105 NFTs from 45 different collections

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Universal Music Group (UMG) and the firm’s Web3 label 10:22PM revealed that they purchased the Bored Ape Yacht Club (BAYC) Non Fungible Token (NFT) #5537 for 125 ETH worth more than $360,000 in fiat.

Source : OpenSea

The Universal Music Group (UMG) and Web3 label 10:22PM revealed the metaverse group called KINGSHIP now has a new manager, Bored Ape #5537 female character will be the new manager and will be called “Manager Noët All.”

UMG has revealed a partnership with the NFT marketplace Curio in mid-February to showcase NFTs tied to the firm’s many music labels and hit recording artists. The metaverse group KINGSHIP includes a Mutant Ape Yacht Club (MAYC) NFT and three Bored Ape NFTs.

The announcement discloses that in addition to purchasing the latest BAYC, KINGSHIP’s official website and Discord have been launched. The new site and Discord channel aim to “provide fans and the collector community with information about the group’s activities, new developments including access to the allowlist and future activations.”

“We have been incredibly busy developing KINGSHIP since our initial announcement and I’m so excited to introduce Manager Noët All, one of many new characters that will be joining the KINGSHIP universe,” 10:22PM’s founder explained in a statement sent to Bitcoin.com News on Friday.

As the manager of the group, Manager Noët All will help drive the storyline and allow us to communicate with the community.

We hope to make the KINGSHIP universe as entertaining and immersive as possible, while simultaneously building value for holders, added Celine Joshua.

At the time of writing, 1022pm.eth owns 105 NFTs from 45 different collections, the address also holds Doodle #5707, Bored Ape Kennel Club NFTs, World of Women (WoW) NFTs and Invisible Friends #276.


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