ProjectX Announces Strategic Collaboration with Purple Fly
NFT Music Label Purple Fly & Project X join Forces for Celebrity Onboarding
New York, NY : Purple Fly and Project X have announced today that they will be working together to grow Project X’s strong list of key figures through new onboarding initiatives. Purple Fly will be creating their own personal pool of artists on the Project X platform. They will be putting all of the NFTs which their artists create, where each of those artists’ NFTs will be packed to their unique tracklists. Purple Fly will be managing the curation for some of the largest artists under their wing. At the moment Purple Fly has dozens of artists signed to the music record label and who are releasing songs with the label for example artists such as NBA legend and DJ Shaquille O’Neal, K-Pop star DJ SODA, BLVD, Sevenn, Fatman Scoop, Zafrir, Klaas, Flaremode, ANG and many more publishing their music with PurpleFly.
This strategic cooperation effort between the two groups will provide Project X’s NFT platform with an excellent array of additional artists and high quality pools, including NFTs backed by streaming royalties. It will also provide Purple Fly with an innovative way to monetize music and IP rights.
The strategic partnership between ProjectX and Purple Fly marks a new dawn for not only the music industry, but for the art and crypto community alike. Both teams are excited to be a part of this budding industry, and have more in store for the global creatives and crypto communities.
“We’re proud of being a part of this initiative, and plan to announce several collaborations with A-level celebrities from entertainment, sports, and music in the next two quarters,” says John Slyusarev, CEO of ProjectX.
Purple Fly is the world’s first NFT-fueled record label, and is an independent imprint which is utilizing groundbreaking blockchain technology to provide a much needed platform for the spectrum of electronic music. The label’s goal is to support collaborations of all forms of art, connecting music with stunning visuals for an immersive experience which goes beyond that of electronic music. It will be releasing NFTs directly on its official website, with each music drop enabling artists to have direct access to their fan base, receiving streamlined support seen like in the days of the Renaissance!
ProjectX is a launchpad for NFT issuers, Celebrities, KOLs, and other key figures who would like to set up pools of NFTs and raise funds for it via a public sale (IDO style). Project X works to provide the most secure and simplified way to gain exposure to the NFT market with the use of pools and Indexes. The aim is to create different themed pools of NFTs which include Music, Digital Art, Sports Cards, and KOL issued NFTs to name a few. They have also signed partnerships with Polygon, Terra Virtua, LOCG, Glimpse and more than 10 other blockchain companies.