The non-fungible token music platform OneOf has announced a partnership with the US National Academy of Recording Arts and Sciences. As part of the agreement, the project will issue NFTs for the 64th, 65th, and 66th annual Grammy Awards.
OneOf bills itself as a "green NFT platform" based on the Tezos blockchain, designed for the music community.
Tokens will be digital collectibles dedicated to Grammy winners and nominees. The partners promised to reveal details in January 2022.
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Part of the proceeds from sales will go to the National Academy scholarship fund.
“We're always looking for ways to help artists discover new forms of creative expression, as well as create ways to generate income and engage fans with artists,” said academy co-president Panos Panay.
In May, OneOf raised $ 63 million in seed funding. It was attended by eco-activist Bill Tai, Jack Herrick, Suna Said of Nima Capital, Sangha Capital, and Tezos Foundation.