Jay-Z bought $7m in tokens for a $100m-backed VR streaming platform

[VeryWellDone]

In June, one of the music industry’s most successful figures, Scooter Braun, joined a $30m funding round in Los Angeles-based virtual concerts startup Wave.

And last August 25, music streaming platform Napster was acquired in a $70m deal by UK-based virtual reality music company MelodyVR, which has staged VR concerts for the likes of Post Malone, John Legend and Khalid.

Today, another intriguing addition to this trend: Jay-Z’s music streaming service, TIDAL, has spent $7 million on tokens (‘SENSO Tokens’) issued by Sensorium Corporation.

Celebrities and other big name players in the music space are getting into crypto and this is a really good sign. Will this overall help wide-spread mass adoption?

Source

[@chison]

This is an interesting read and goes to show how the adaptability of cryptocurrency has been absolved by whole lost if people. Celebrity joins this will propagate the news rge more.

[bigcash2011]

Looks like everything has started tokenizing and it is good for the common man because in future small investor will also be able to invest in tokenized shares of profitable businesses and take benefits both in shape of dividends and rise of value.

[Rollinginthedeep]

This is an interesting read and goes to show how the adaptability of cryptocurrency has been absolved by whole lost if people. Celebrity joins this will propagate the news rge more.

I agree, I feel like we can get more crypto exposure out there with these celebrities helping.

[VeryWellDone]

Looks like everything has started tokenizing and it is good for the common man because in future small investor will also be able to invest in tokenized shares of profitable businesses and take benefits both in shape of dividends and rise of value.

I also feel like everything is moving on to digitalization and tokenizing existing systems to improve its ways. For this specific one, its interesting that their SENSO token drives all value transactions within the VR alternate universe

[MrSpasybo]

I don't know anything about the project/company in news, maybe because I'm not really interested in new projects in the entertainment field on blockchain. However, if this is true, if it is not part of a targeted marketing campaign, then it will have a huge positive impact on people, at least for those interested in the entertainment industry and Jay-Z service.
In Vietnam, famous people or entertainment companies are often quite & quiet about crypto issues

[Absolutep]

It is really good to see things like these happening to cryptocurrency. I saw these coming and now that it is happening, I am so happy about it. Looking forward to see more important figure invest into cryptocurrency.

[Andruha1993]

That's great news. Such celebrities make cryptocurrency even more popular and, accordingly, more people are becoming interested in it.

[UNIVERSE]

Currently, more and more people are already interested in and involved in the cryptocurrency industry. The awareness of crypto is increasing especially with the pandemic that is currently still ongoing.
In this case, regardless of who they are, the more people who become investors in crypto projects, the better. Especially if the person is a public figure or influencer who has many followers. So, at least they can provide inspiration or examples of their interest or involvement in crypto. And make his followers want to know more about crypto.
But of course, we cannot expect too high because usually, this is not the only factor that makes the crypto world more accepted.