Decentraland And Polygon Join Hands To Host An NFT Music Festival In The Metaverse

Updated: 16 June 2023

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Decentraland, the popular 3D virtual world on-chain browser-based platform, has partnered with Polygon Labs, the team behind an Ethereum scaling solution network, to host their annual non-fungible token music festival in the metaverse.

Polygon To Host Its Music Festival In The Metaverse

In a June 16 site publication, Polygon Labs, a digital asset incubation studio, confirmed ready plans to host its annual music festival this Saturday. Polygon Labs has partnered with Decentraland to host the NFT music event in the mataverse this week.

The highly anticipated music festival will bring together more than fifteen music producers and artists in the metaverse and fuse them with more than 5 million meterverse users globally. While commenting about the annual music festival, Polygon wrote:

“Immerse yourself in an electrifying celebration of music, where the melodies crafted by a multitude of extraordinary artists will make your heart soar.”

The metaverse music event will showcase the exceptional talents of renowned musicians, including Green Ring, a digital artist who makes melodic music; Felice LaZae, a boundary-pushing producer, musician, and performer and Lucy Crow, an Italian singer, and songwriter.

Other will include Genesis Barrios, a Cuban-American artist, producer, and Software engineer; Shefali, an electronic music producer and vocal artist; Violetta Ziloni, a web3 artist; and Xena Mars, the secretive break core acceleration artist.

NFT Music Continues To Gain Traction Among Web3 Users

Non-fungible tokens have been making waves in the music world, with generative art collections becoming increasingly popular among metaverse enthusiasts and in traditional music. Music NFTs have the power to change the trajectory of an artist’s career completely. Polygon is at the forefront of revolutionizing the music sector.

In related reports, the popular music NFT platform Sound.xyz recently announced the addition of support for Ethereum Layer-2 Optimism, which has attracted the interest of both musicians and crypto fans. This recent integration will open up new opportunities for musicians and fans to engage with and trade music NFTs more efficiently and cost-effectively.