Latin Grammy Awards Indications 3-Year Agreement For Honor Reveal NFTs - Cointelegraph

Latin Grammy Awards Indications 3-Year Agreement For Honor Reveal NFTs – Cointelegraph

The Latin Grammy Awards is entering Web3 via its very first NFT collection in partnership with the OneOf Web3 songs system.

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Latin Grammy Awards signs 3-year contract for award show NFTs

This year’s 64 th Latin Grammy Awards will certainly have its first-ever nonfungible token collection after the Latin Recording Academy authorized a three-year agreement for honor show-related NFTs.

The abovementioned collaboration is in between the Latin Recording Academy, which lags the Latin Grammys, as well as OneOf, a Web3 songs system. Each collection, which will certainly lead up to that year’s honor program, will certainly consist of declines highlighting Latin songs.

According to Manuel Abud, CEO of the Latin Recording Academy, this is a brand-new type of music advancement as well as a method for followers to “possess an item of the Latin GRAMMYs”:

” The Latin Recording Academy is dedicated to checking out cutting-edge, brand-new methods to commemorate quality in Latin songs and also to link songs to various other art types in our society, consisting of aesthetic as well as electronic arts.”

The Latin Grammy Awards NFTs will certainly go down throughout October in the lead-up to the honor program on Nov. 18.

Related: Grammys 2022: NFTs warm subject of conversation amongst artists and also sector professionals

This follows OneOf’s collaboration with the Grammy Awards, in which it additionally intended a three-year NFT launch strategy. The initial collection was launched coincid