A pioneering NFT platform designed especially for the music vertical, OneOf, has recently announced a partnership with the prestigious American learned academy for musicians, The Recording Academy.
The goal of the partnership is to release commemorative NFTs for the 64th, 65th, and 66th Annual GRAMMY Awards.
Decorative NFTs will celebrate the GRAMMY Awards, nominees, and award winners with collectibles and experiences, including tokens based on the iconic GRAMMY Award itself, designed by world-renowned crypto artists.
A portion of the proceeds from the NFTs will go to the Recording Academy’s scholarship fund.
There will be more information about the NFT collection unveiled ahead of the 64th Annual GRAMMY Awards on April 3, 2022.
“As an Academy, we are always looking for ways to help artists discover new forms of creative expression, while also creating new ways of income generation and ways for fans to interact with the artists that they love. OneOf shares that vision, and we are proud to work with a sustainable NFT company,” said Panos A. Panay, Co-President of the Recording Academy.
“If used to their full potential, NFTs will empower the music industry in a way few other technologies ever have. It is our great honor to work with this prestigious organization to help shepherd this bright future to the industry,” said Lin Dai, Adam Fell, & Joshua James, Co-Founders of OneOf.
OneOf is a green NFT platform designed to connect fans to their favorite music artists on all levels. The OneOf network is based on the Tezos blockchain, which is a proof-of-stake network that is energy efficient.
Also, Tezos offers some of the lowest transaction fees for NFTs. To create a community without economic barriers, OneOf further reduced these low costs to zero.
About The Recording Academy
The Recording Academy is a professional academy of musicians, producers, recording engineers, and other professional musicians. It is most famous for the Grammy Awards, which honor achievements in the music industry, recognizing songs and albums that are popular worldwide.
As part of its mission to make sure the recording arts remain a thriving part of our shared cultural heritage, the Academy honors the heritage of music while investing in the future through the GRAMMY Museum, advocates on behalf of music creators, and supports music professionals in times of need through MusiCares.