Universal Music Group releases NFT

The major music label behind Taylor Swift, U2, Kendrick Lamar and BTS will allow artists to add NFT to the new version of LimeWire for Web3.

LimeWire, still recently announcing its own marketplace on Algorand, has signed an agreement with Universal Music Group. There are plans to launch a music-oriented marketplace, NFT, on the same blockchain. A launch campaign will start at the end of the month, and then it will be up and running soon.

In short, LimeWire's plans are clearly far-reaching. It's far from certain that celebrities will immediately launch their NFTs there, but at the very least, it's worth watching!