The Deals: Utopia Music Pacts With DP World for $125M Warehouse; Web3 Company anotherblock Raises Over $4M

struck a partnership that will allow digital service providers and other Tuned Global customers to enable artists to mint and distribute music releases as NFTs directly on Web2 streaming platforms using Revelator’s Web3 tech.

“These NFTs will coexist with traditional streamed music, enabling fans to enjoy digital collectibles and actively engage with token gated content, while providing artists with blockchain-based payment opportunities through smart contracts,” according to a press release announcing the deal. Added Revelator CEO/founder: “This partnership lets music lovers collect NFTs in fan-friendly ways where they are already experiencing music.

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