Have you ever wanted a band with musical talent, but not NFT nonsense? No? It's too bad!
A new music group has been purchased by Universal Music for $360,817. The female character will lead a band called Kingship.
Four other Bored Apes and a Mutant Apes are with her in this exercise. Kingship will be a virtual group. It is going to create music and perform virtual concerts on the metaverse.
It would be an amazing thing for it to become part of culture.
Meet Manager Noët All, the new leader of an all NFT band created by Universal Music!
The label has purchased this Bored Ape NFT for more than $300,000 to frontline a new music group dubbed "Kingship." I've taken the liberty of right-clicking the image so you all can see it. pic.twitter.com/vXGxasFpRL
— Tony Ho Tran (@TonyHoWasHere) March 18, 2022
Kingship is a big signal of the music industry's belief in the future of entertainment.
Universal Music said in a statement that it will be developing and releasing new music, NFTs, community-based products, activations and experiences in the metaverse and kick off a new generation of artist, fan and community engagement.
Big corporations are using shill products and Kingship will follow a growing trend.
It was inevitable that companies would figure out a way to make a quick buck off of the promise of a new technology that gave power and agency back to the people.
Who knows? We might begrudgingly queue it up on the streaming service if Kingship succeeds in creating half as good a song as the Gorillaz.
Universal Music buys ape NFT to lead a virtual music group.
Bored ape launched a coin and is not going so well.
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