Latin Grammy Awards Indicators Three-Year Agreement For Honor Reveal NFTs - Cointelegraph

Latin Grammy Awards Indicators Three-Year Agreement For Honor Reveal NFTs – Cointelegraph

The Latin Grammy Awards is entering Web3 with its initial 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 previously mentioned collaboration is in between the Latin Recording Academy, which lags the Latin Grammys, and also OneOf, a Web3 songs system. Each collection, which will certainly lead up to that year’s honor program, will certainly consist of decreases highlighting Latin songs.

According to Manuel Abud, CEO of the Latin Recording Academy, this is a brand-new type of music technology and also a means for followers to “possess an item of the Latin GRAMMYs”:

” The Latin Recording Academy is dedicated to discovering ingenious, brand-new means to commemorate quality in Latin songs as well as to attach songs to various other art kinds 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 market professionals

This follows OneOf’s collaboration with the Grammy Awards, in which it likewise prepared a three-year NFT launch strategy. The very first collection was launched coincid