What’s The Big Deal About John Legend’s New Nft Platform?

trending NFT news

John Legend’s New NFT Platform is OurSong

 

John Legend, a well-known American singer and songwriter who has won 12 Grammy Awards, is the most recent celebrity to join the non-fungible tokens bandwagon (NFTs). He just launched OurSong, an NFT platform, in collaboration with Our Happy Company. With fans discovering his new collaboration, the “All of Me” singer has caused a commotion online.

 

OurSong (John Legend’s New NFT Platform) is a social commerce platform where anyone can turn ordinary creativity into tradable commodities and develop superfan communities, according to its official website. “An app for your ideas to make money and friends,” to put it another way.

 

The goal of OurSong, a new NFT platform, is to create a community for artists and digital art creators. The platform aspires to promote these artists so that fans can readily recognise them and the artists may profit from their work. OurSong is a social platform that might be a potential venue for musicians to create exclusive digital covers and unique audio clips that would be available only to fans.

 

The NFT platform makes it simple for users to find new artists. They can utilise the platform to not only listen to unreleased music clips from these artists, but also to engage in one-on-one conversations with them in private chat rooms.

 

To create the NFT platform, OurSong, John Legend is teaming with Chris Lin, CEO of KKBOX, a Taiwanese music service provider, Matt Cheng, a venture capitalist, and Kevin Lin, co-founder of Twitch.

 

John Legend’s New NFT Platform Transactions

 

OurSong is a blockchain-based NFT platform that focuses on music. Cryptocurrencies are used to complete the transactions. The platform’s native cryptocurrency is OurSongDollars (OSD). OSDs can be purchased using credit and debit cards by collectors. Following the purchase of these cryptos, the balance in the user’s crypto wallet will be displayed in the blockchain. The OurSong app is available on the Google Play Store and the Apple App Store.

Providing artists with the ability to transform their work into NFTs.

 

Another goal of the platform is to assist aspiring artists and musicians in converting their work into “Vibes,” which are digital art/NFT cards. According to the website’s statement, “creators can create Vibes by donating songs, lyrics, photos, or other things.” Following that, people could purchase these.

 

Bonus from Cloudbet

 

The addition of John Legend to the league

 

Many celebrities are already experimenting with NFTs and using them to promote their work and communicate with fans, according to trending NFT news. John Legend is a newcomer to the list of singers and celebrities who have already invested in NFTs. Eminem, Snoop Dogg, Justin Bieber, and Shawn Yue Man-lok, a Hong Kong-based singer and composer, are among the well-known names. Balenciaga, Louis Vuitton, and Gucci are among the big fashion firms that have joined the NFT area.