The music industry’s bond with the crypto money industry is getting stronger and collaborations are increasing. To protect their copyright, many musicians have stepped into the blockchain and NFT space. However, Web 3.0 has also started to be in the interest of many people.
The European arm of cryptocurrency exchange FTX, FTX Europe, announced that it has partnered with electronic music festival Tomorrowland with the goal of bringing blockchain and Web 3.0 applications to music.
Festival Kicks Off on March 19
With this deal, partners will have access to NFTs, metaverse and cryptocurrency for art, music and ticketing system. to their payments. It will also explore applications such as NFT and Web 3.0.
The electronic music festival Tomorrowland, held in Boom, Belgium and considered one of the biggest music events in Europe, will start on March 19 and will include the NFT hunt event called The Quest by FTX for participants.