MetaBeat, a pioneering force in the Web3 music industry, today announced that it has secured a Memorandum of Understanding (MOU) for $2 million in funding with Burrito Wallet (Bithumb Wallet) and Liquid Chang. This strategic move is aimed at bolstering MetaBeat’s innovative Fan-to-Earn model that combines Non-Fungible Tokens (NFTs) and social finance (socialfi) features, providing a unique platform for Kpop fans to interact with their favorite artists.MetaBeat’s platform enables fans to engage directly with artists through digital collectibles and community-driven initiatives, enhancing the fan experience within the booming Kpop sector. As Kpop continues to capture hearts worldwide, MetaBeat offers an engaging way for fans to gain more from their passion for music.
The collaboration with Burrito Wallet and Liquid Chang will provide MetaBeat with the necessary funds to expand its operations and enhance its services. Burrito Wallet, renowned for its secure and user-friendly digital asset management, will facilitate a safe environment for users to manage their NFTs and other digital assets. Meanwhile, Liquid Chang will offer the necessary market liquidity to ensure that MetaBeat’s NFTs are easily accessible to a global audience.
Key Details of the MOU Include:
- Funding: The $2 million funding through the MOU will enable MetaBeat to scale its technological developments and expand its reach within the global music and NFT markets.
- Burrito Wallet Collaboration: Will provide MetaBeat users with enhanced security and easier access to their digital wallets, ensuring a seamless experience when managing and trading digital assets.
- Liquid Chang Partnership: Aims to increase the liquidity of MetaBeat’s NFT offerings, simplifying the process for fans to acquire, trade, and invest in NFTs.
We are excited to collaborate with Burrito Wallet and Liquid Chang as we continue to develop a leading platform in the music industry,” said the CEO of MetaBeat. “This partnership and the funding will help propel our mission forward, allowing us to offer even more engaging and innovative opportunities for fans around the world.
The partnerships with Burrito Wallet and Liquid Chang are expected to significantly enhance MetaBeat’s platform capabilities, driving further innovation and adoption in the intersection of music, blockchain, and fan engagement.
