NFT EveningNFT Evening

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    CyberBrokers NFT: Everything To Know

    June 27, 2022

    Gucci x SuperRare Partnership: What You Should Know

    June 27, 2022

    Rolling Stone Launches 2nd NFT Collaboration With Yuga Labs’ BAYC

    June 27, 2022
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • Home
    • News
    • Crypto Art
    • Collectibles
    • Blockchain games
    • Interviews
    • Guides
    • NFT Calendar
    • NFT Conferences
    NFT EveningNFT Evening
    News

    SoundMint NFT Marketplace For Music Raises $1.7M In Seed Funding

    By MicahApril 22, 2022Updated:April 27, 20222 Mins Read
    Share
    Twitter WhatsApp Reddit Email Facebook LinkedIn

    SoundMint, a marketplace for generative music NFTs, announced it raised $1.7 Million during its seed funding. Animoca Brands led the seed round with participation by Castle Island Ventures, Focus Labs, Sfermion, Sky Vision, Tess Ventures, and Goodwater Capital.

    The picture shows the the logo and text of SoundMint NFT marketplace, a platform for generative music NFTs
    SoundMint builds an NFT marketplace following its successful seed funding. Credit: SoundMint on Twitter

    What is SoundMint?

    SoundMint is a platform that reimagines the process of creating a new form of art and music. The startup is a new medium of music creation. It brings innovation to the way people interpret music collectibles in Web3, where the majority of the sale revenue goes to the artist.

    What Does SoundMint Do?

    SoundMint’s NFTs are musical compositions derived from stems. Each has different acoustic properties algorithmically combined to create a set of unique musical art pieces. In this new form of generative music, the NFTs have corresponding visual elements.

    By owning a SoundMint collectible, fans can support the artists they love by investing in their work. At the same time, have a voice in what in their creations in the future.

    Animoca Brands Believes In SoundMint

    “With its mission of fusing the worlds of NFTs and music, SoundMint is trailblazing a new and potentially extremely valuable path in Web3,” said Yat Siu, Executive Chairman and Co-Founder of Animoca Brands. “We’re very excited to support this talented team that is quickly establishing itself as a leader in music NFTs.”

    “SoundMint is bridging a gap between the NFT community and musicians. It is expanding the ways art and music can be disseminated and consumed,” said SoundMint CEO Andre Benz. He added that the startup’s mission is to empower musicians and artists. Moreover, enable them to create unique collaborations. Ultimately, this revolutionizes the way artists and fans create community together.

    The picture shows SoundMint NFT Vinyls for its NFT music holders
    Soundmint releases Soundmint Vinyl for current NFT holders to redeem. Credit: Soundmint on Instagram

    Soundmint Builds NFT Marketplace

    In line with the company’s roadmap, SoundMint is using the funds raised to build an NFT marketplace. The platform will allow artists to create their own music NFTs.

    In addition, it will help them interact with collectors and other creatives. Moreover, create a dashboard for NFT-holding fans to view exclusive content from artists and access other benefits.

    Lastly, SoundMint will also launch SoundMint Vinyl, an NFT for current holders to redeem in the future.


    Are you tired of missing important NFT drops?

    Check out our NFT Calendar!

    Receive the biggest NFT news of the day & recommendations in our Daily newsletter. 

    • All of our news is being sent daily on Telegram
    • We summarize the biggest news daily on Twitter & Instagram 
    • Learn with video tutorials and subscribe to our Youtube Channel 

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    Share. Facebook Twitter Pinterest LinkedIn Email Reddit WhatsApp
    Micah

      Micah is a writer based in the Philippines. She loves to write about the things that spark her interest like tech, art, blockchain, and NFTs. In her free time, she paints using acrylic and watercolor, reads fictional novels, and plays video games.

      More great NFT Evening content:

      Gucci x SuperRare Partnership: What You Should Know

      June 27, 2022 News

      Rolling Stone Launches 2nd NFT Collaboration With Yuga Labs’ BAYC

      June 27, 2022 News

      Bentley Announces Its NFT Debut

      June 27, 2022 News

      X2Y2 NFT Marketplace Delists & Relists Ryder Ripps’ NFT Collection

      June 27, 2022 News
      Latests NFT News

      CyberBrokers NFT: Everything To Know

      June 27, 2022

      Gucci x SuperRare Partnership: What You Should Know

      June 27, 2022

      Rolling Stone Launches 2nd NFT Collaboration With Yuga Labs’ BAYC

      June 27, 2022

      DeSci: What Is It and Why Should Anyone Care?

      June 27, 2022



      • Follow @NFTevening


      By signing up, you agree to the our terms and our Privacy Policy agreement

      NFT evening is the biggest website for NFT news. We are dedicated to supporting mainstream NFT adoption by making content fun & accessible. Learn about NFT collectibles, NFT art and the best blockchain games that even let you earn free crypto! Whether you want to invest in NFTs, create NFTs or simply collect them, NFTevening is the first stop for all the NFT news you need!

      Facebook Twitter Instagram YouTube
      Article Categories
      • Blockchain games
      • Collectibles
      • Crypto Art
      • Guides
      • Interviews
      • Metaverse
      • News
      • Sponsored Content
      NFT Calendar
      • Today’s NFT Drops
      • Upcoming NFT Drops
      • Solana NFT Drops
      • NFT Calendar
      • NFT Calendar : Add Your NFT Event
      Get In Touch
      • Advertise (Media Kit)
      • Collaboration and Press Releases
      • Job Opportunities
      • About Us
      • Contact Us
      NFT Beginners Guides
      • How to Sell NFT Art
      • How to Create NFT Art
      • How to Display NFT Art
      • How To Make Passive Income With NFTs
      • Best Crypto Wallet
      • Best NFT Coins
      • Best NFT Rarity Tools
      • What is a DAO ?
      • What Are Crypto Gas Fees ?

      Type above and press Enter to search. Press Esc to cancel.