BitWell Labs Makes Strategic Investment in MeMusic
BitWell Labs, the venture capital and innovation incubation arm of BitWell, is joining MeMusic to build a Web3.0 based Music ecosystem, as a strategic investor.
Through this strategic investment, BitWell Labs envisions helping MeMusic to build an innovative, hybrid earning mechanism of listen & play to earn. BitWell Labs and MeMusic will also cooperate in marketing, operation, trading, and the like.
About BitWell Labs
BitWell Labs, the venture capital and innovation incubation arm of BitWell, is devoted to offering a wealth of investment, collaboration and mentorship opportunities to the global top-tier blockchain projects.
BitWell Labs has recently launched a $50 million fund to invest and incubate in Metaverse projects. The Metaverse fund will be used to support GameFi, non-fungible token (NFT) and other Metaverse sector projects in marketing, operation, trading and so on.
MeMusic is an end-to-end platform for every participant in the vertical supply chain of music distribution, such as artists, publishers, labels, distributors, and listeners. MeMusic plans on providing an inclusive ecosystem through multiple services, such as streaming, DeFi, NFTs, and merchandise to reward all the contributing users with various benefits.
MeMusic is currently partnered with notable institutional investors like BitWell Labs, Outlier Ventures, Hoo.com, ZBS Capital, ExNetwork Capital, DCI Capital and more.
Please click the following links for further information about BitWell:
Visit us on https://www.bitwellex.com/
Stay tuned on MeMusic’s socials for further information: