Cointime

Cointime

Download App
iOS & Android
Home / Financing

Mastercard Taps Polygon for Web3 Musical Artist Accelerator Program

Mastercard is launching a spotlight program for emerging musical artists built on the Polygon blockchain to help up-and-coming creators tap into the power of Web3 and blockchain technologies.

Kicking off in spring 2023, the Mastercard Artist Accelerator program will prepare five emerging artists—such as musicians, DJs, producers—with the tools, skills, and access to forge their own musical paths in the digital economy. The artists will gain exclusive access to special events, music releases and more. A first-of-its-kind curriculum will teach the artists how to build (and own) their brand through Web3 experiences like minting NFTs, representing themselves in virtual worlds and establishing an engaged community.

Raja announced the Mastercard Artist Accelerator program from the stage at the Consumer Electronics Show in Las Vegas with Polygon Studios. Mastercard, a sponsor of the GRAMMY Awards®, Latin GRAMMY Awards® and BRIT Awards, is leveraging Web3 technologies to create exclusive, inclusive and scalable experiences for fans and artists alike. In June 2022, the brand even launched its first-ever album, “Priceless.”

The network, one of the greenest blockchains in existence, is home to tens of thousands of decentralized apps powered by a suite of Polygon solutions, including music platforms Royal, StemsDAO and Bolera.

Mastercard
Comments

All Comments

Recommended for you

  • YieldNest, a liquidity re-staking protocol powered by EigenLayer, has raised $5.2 million

    On April 23, YieldNest, a liquidity re-collateralization protocol supported by EigenLayer, completed a $5.2 million financing round with participation from Faculty Group, BACKED, Loi Luu, Winthorpe, C2tP, Curve founder Michael Egorov, and others.

  • Shared security project Othentic completes $4 million seed round of financing, led by Breyer Capital and others

    Othentic, a project focused on the security of distributed system sharing, announced the completion of a $4 million seed round of financing on the X platform. Finality Capital Partners and Breyer Capital jointly led the investment, with participation from Coinbase Ventures, HashKey Capital, Collider Ventures, BanklessVC, Robot Ventures, Everstake, PUNK DAO, and others. It is reported that Othentic is committed to creating novel distributed computing services by providing self-deployed infrastructure to initiate systems with underlying shared security, including promoting innovative work on EigenLayer and Babylon. Its Othentic Stack allows AVS developers to self-deploy operator networks for custom computing services and run arbitrary computing tasks in a trusted execution environment.

  • TeleportDAO has raised $9 million through CoinList public sale and financing

    The Bitcoin cross-chain infrastructure TeleportDAO has raised $9 million through CoinList public sale and financing, with participation from OIG Capital, DefinanceX, Oak Grove Ventures, Candaq Ventures, TON, Across, bitSmiley, and others.

  • Bitcoin spot ETF has net outflow for five consecutive days, with total net asset value of US$53.063 billion

    According to SoSoValue data, the total net outflow of Bitcoin spot ETF was 4.3876 million US dollars on April 18th (US Eastern Time).

  • Blast DEX Thruster receives $7.5 million in seed round funding

    The decentralized trading protocol Thruster based on Blast raised $7.5 million in seed funding led by Pantera Capital, bringing Thruster's valuation to $70 million. Angel investors include Santiago Santos, Frax founder Sam Kazemian, Pendle founder TN Lee, Stacked founder Alex Lin, Renzo founder Kratik Lodha, and Axelar founder Georgios Vlachos also participated in this round of funding.

  • Aark Raises $6M Funding to Accelerate LRT Liquidity Integration for High Leverage Trading

    Aark, a perpetual DEX focused on leveraging LRT assets to bolster liquidity for perpetual traders, has announced the successful completion of its Seed Round funding. The round attracted investment from leading industry pioneers, including HashKey Capital, Arrington Capital, Cypher Capital, Morningstar Ventures, IVC, and Metavest. With the new investment, Aark plans to grow its team to develop more scalable liquidity, targeting the substantial $10 billion TVL market and enabling unparalleled high-leverage trading of up to 1000x for long-tail assets. Aark's CEO, Eden, stated that the company aims to propel the on-chain derivatives industry to new heights and surpass centralized counterparts.

  • Hidden Road plans to raise $120 million at $1 billion valuation

    Cryptocurrency broker Hidden Road Partners is raising Series B equity financing, which will bring its valuation to around $1 billion, and this round of financing is expected to raise about $120 million. Founded by Marc Asch in 2018, this bulk broker has worked at hedge fund billionaire Steven Cohen's company SAC Capital and Point72 Asset Management. Hidden Road completed a $50 million financing round in 2022. Hidden Road provides primary brokerage services for a variety of markets, including foreign exchange, precious metals, and digital assets.

  • RWA protocol Centrifuge announces $15 million Series A funding

    RWA protocol Centrifuge announced the completion of a $15 million Series A financing round, led by ParaFi Capital and Greenfield, with participation from Circle Ventures, IOSG Ventures, Arrington Capital, Spartan Group, and Wintermute Ventures. Additionally, Centrifuge stated that it will establish a lending market called Centrifuge Pools on the Base network.

  • Yuanlong Yatu's subsidiary UOVAMETA completed a financing of tens of millions of dollars to further improve the layout of the AI ​​and Web3 industry chain

    Shanghai Wowo Universe Digital Technology Co., Ltd. (referred to as "Wowo Universe" or "UOVAMETA"), a subsidiary of Beijing Yuanlong Yatu Culture Communication Co., Ltd., has completed its first round of strategic financing worth tens of millions of yuan. Lehua Entertainment, Alibaba Pictures, and others participated in the investment, while the parent company Yuanlong Yatu also participated in the capital increase and share expansion. This financing will help UOVAMETA further improve its AI and Web3 industry chain layout, laying a solid foundation for the development and expansion of future platform products.

  • Account abstraction app Plena raises $5 million

    Plena, an abstract account application, has completed a $5 million financing round with participation from Big Brain Holdings, DeWhale, GBV, WebWise, Galxe, Normie Ventures, FounderHeads, and others. In addition, Plena has announced a collaboration with DAO Maker, Chain GPT, Decubate, AI Tech, and Viction Chain by Coin98 to launch the largest airdrop campaign, distributing 2% of its total supply before listing.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company