Authentic Artists, a San Francisco-based startup, has completed a strategic fundraising round. Among the participants were Warner Music and Crush Music.
The fundraising round, according to Authentic Artists, would hasten the development of its AI-powered metaverse music platform. Additionally, the web3 firm wants to expand the WarpSound music label and bring on market-leading partners like Warner Music and Crush Ventures.
Steven Vasilev, a co-founder of RTFKT, adds, “We appreciate disruptive companies, and WarpSound is one of them. “My Co-Founders and I am thrilled to embark on this journey with the Authentic Artists team as they forge the sound of the metaverse and spark a new music culture,” says the co-founder.
Oana Ruxandra, Chief Digital Officer at Warner Music Group, adds, “WMG is focused on embracing the tools, technologies, and protocols that collectively make up web3 to continually open new opportunities for its artists, songwriters, and fans to create and consume together. With this collaboration, we are putting our weight behind the creative team at Authentic Artists as they create distinctive communities at the nexus of music and technology.”
According to Authentic Artists, its music platform supports interactive music experiences, digital treasures like NFTs, and virtual artists who are native to the metaverse
To realize its metaverse goal, the platform makes use of deep learning, a game engine, and blockchain technology. In the metaverse and on all connected stages, the team is “totally re-imagining the source, expression, and shared experience of music for audiences.”
Music ambassadors such virtual artists Nayomi, DJ Dragoon, Gnar Heart, and GLiTCH are featured on WarpSound. The WVRPS by WarpSound, which has 9,999 distinctive, visually-driven musical voices made possible by Authentic’s generative music technology, is the top music NFT collection on OpenSea.
According to Authentic Artists CEO Chris McGarry, “Music is Authentic’s lifeblood, and we’re employing new creative tools to create a deeper connection with music and each other. As we create the definitive metaverse music platform, we are thrilled to have the support of some of the most influential brands and figures in music and digital culture.”
For MetaNews.