{"id":65195,"date":"2022-08-01T18:49:19","date_gmt":"2022-08-01T15:49:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=65195"},"modified":"2025-09-06T18:38:28","modified_gmt":"2025-09-06T15:38:28","slug":"music-nft-marketplace-oneof-raises-more-than-8-million-in-funding","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/music-nft-marketplace-oneof-raises-more-than-8-million-in-funding\/","title":{"rendered":"Music NFT marketplace OneOf raises more than $8 million in funding"},"content":{"rendered":"<p>OneOf, a music non-fungible token (NFT) marketplace, has attracted strategic investments totaling more than $8 million, <a href=\"https:\/\/www.businesswire.com\/news\/home\/20220801005196\/en\/Green-Web3-Company-OneOf-Closes-Over-8M-in-Strategic-Round-With-Participation-From-Amex-Ventures-Mirabaud-Lifestyle-Impact-Innovation-Fund-and-Other-Funds\">according to a press release<\/a>.<\/p>\n<p>Participants included Amex Ventures (the venture arm of American Express), Snow Hill Ventures, Sangha Capital, Chain Link Crypto Fund and others. With this round, OneOf&#8217;s total funding exceeded $72 million.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAs the Web3 market matures and consolidates, we see significant opportunities in shaping new business models that enable creators of all forms and sizes\u2014from the world&#8217;s largest brands to new independent artists\u2014to realise the real potential of this technology,\u201d said Lin Dai, CEO of the platform.<\/p>\n<\/blockquote>\n<p>OneOf positions itself as an &#8220;eco-friendly NFT platform&#8221; based on the Tezos blockchain, designed for the music community.<\/p>\n<p>In spring 2021 the platform <a href=\"https:\/\/u1f987.com\/en\/news\/oneof-a-music-nft-marketplace-raises-63-million-from-tezos-foundation\">announced the raising of $63 million<\/a>. The round included eco-activist Bill Tai, Jack Herrick, Suna Said of Nima Capital, Sangha Capital and the Tezos Foundation.<\/p>\n<p>In November <a href=\"https:\/\/u1f987.com\/en\/news\/oneof-to-issue-nft-for-the-grammy-awards\">OneOf struck a partnership<\/a> with the American National Academy of Recording Arts and Sciences to release NFTs for the 64th, 65th and 66th Annual Grammy Awards.<\/p>\n<p>To understand what Tezos is, read ForkLog&#8217;s <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-tezos-xtz\">educational cards<\/a> ForkLog.<\/p>\n<p>In February, rapper Snoop Dogg announced plans to turn his Death Row Records <a href=\"https:\/\/u1f987.com\/en\/news\/snoop-dogg-to-turn-death-row-records-into-the-first-nft-label\">into the first NFT label<\/a>, whose artists would be active participants in the metaverses.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 crypto news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OneOf, a music non-fungible token (NFT) marketplace, attracted strategic investments totaling more than $8 million, according to a press release.<\/p>\n","protected":false},"author":1,"featured_media":65196,"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":[1331,1259,1213,1133],"class_list":["post-65195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-culture-and-art","tag-ecology","tag-nft","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65195","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=65195"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65195\/revisions"}],"predecessor-version":[{"id":65197,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65195\/revisions\/65197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/65196"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=65195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=65195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=65195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}