{"id":51638,"date":"2021-10-22T15:00:07","date_gmt":"2021-10-22T12:00:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51638"},"modified":"2025-09-03T00:53:15","modified_gmt":"2025-09-02T21:53:15","slug":"binance-labs-backs-music-nft-platform-melos-studio","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-labs-backs-music-nft-platform-melos-studio\/","title":{"rendered":"Binance Labs backs music NFT platform Melos Studio"},"content":{"rendered":"

The venture arm of the cryptocurrency exchange Binance announced strategic investments in Melos Studio, a Web 3.0-based ecosystem focused on music creation.<\/p>\n

Binance Labs will provide the platform with technology, advisory support and funding. Melos Studio has brought together DAO<\/span>, NFT<\/a> and DeFi<\/a>.<\/p>\n

The platform will diversify the category of “music” NFTs on the Binance Smart Chain. The startup will expand its team, pursue new talent and forge collaborations with popular performers.<\/p>\n

Melos Studio believes that the freedom stemming from the DAO and the value of NFTs enable inspiration and the creation of new musical works. By moving the music-creation process to GitHub, the startup has socialised it \u2014 fans and musicians can interact and share impressions.<\/p>\n

\n

“Melos Studio covers not only a marketplace and streaming service, but also platforms for creators. Users can layer music NFTs on top of one another, creating more advanced versions”<\/em>, \u2014 said Chase Go, Director of Investments at Binance Labs.<\/p>\n<\/blockquote>\n

Earlier investors in Melos Studio included Dapper Labs, Innovion, NGC Ventures and Multichain Capital.<\/p>\n

In September, Dapper Labs led a seed round<\/a> of $5 million for the music NFT platform RCRDSHP.<\/p>\n

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Binance’s venture arm announced strategic investments in Melos Studio, a Web 3.0-based ecosystem focused on music creation.<\/p>\n","protected":false},"author":1,"featured_media":51639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1307,1331,80,1213],"class_list":["post-51638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-bnb-chain","tag-culture-and-art","tag-dao","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=51638"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51638\/revisions"}],"predecessor-version":[{"id":51640,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51638\/revisions\/51640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/51639"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=51638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=51638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=51638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}