LGND and Warner Music to Launch Digital Music Collectible Platform

• LGND collaborates with Polygon and Warner Music.
• The multi-year partnership will focus on launching a digital collectible platform.
• The collaboration will also enable users to play music and digital collectibles.

LGND, an e-commerce platform developer, has formed a multi-year partnership with Polygon and Warner Music. The partnership aims at the collaborative launch of a digital collectible music platform tagged “LGND Music.”

The web3 music platform LGND Music is set to launch in January 2023. As per the details from LGND Music, the platform will let users purchase or play any NFT music from any platform. As per the details, the first music NFTs will be launched in January in collaboration with the world’s leading record label, Spinnin’ Records.

Select Warner Music Group artists will be able to introduce digital collectibles thanks to the partnership on both the app and desktop portals. These artists will also be able to interact with the fans through special content and experiences.

The platform will be built on top of Polygon, which will ensure lower gas fees, faster transactions, and an open, permissionless, and sustainable environment. Polygon, the Layer-2 scalability platform for Ethereum, recently partnered with some of the top media organizations. In July 2022, Polygon also joined Disney’s Accelerator Program.

Users of the platform will also be able to buy and fully own music tokens and easily get started with digital collectibles by building a collection.

Music and Web3 have interesting potential, as several artists have released their NFTs. Snoop Dogg and other artists have long advocated for Web3. The Web3 music platforms are likely to revolutionize how music is played and interpreted. It will also provide artists with more ways to monetize their art.