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Stage11 Raises $5.7M To Help Artists Like Snoop Dogg And Akon Monetize Their Work Through NFTs

Set to make a huge splash in the music metaverse, Stage11 is creating an innovative platform to mold a unique experience for artists and fans. The company was founded by Jonathan Belolo — co-owner of Scorpio Music — to develop a new landscape for artists to have a creative outlet to engage with their fans through interactive performances and music worlds. Now the Paris-based startup is one step closer to bringing the metaverse experience to fans due to an impressive seed round led by European venture capital fund, Otium Capital totaling $5.77 million, according to PR Newswire. “As a gamer and sci-fi nerd, It feels like I’ve been dreaming about the metaverse my entire life,” said Belolo in a press release. “Now that as a society we’re on the cusp of making it real, I find myself blessed to be part of an incredible team setting out to explore the new frontier. Building immersive music events and experiences is just the first step. We are on a journey together to reimagine the way...

Oct 13, 2021