Two entertainment projects with Bored Ape Yacht Club NFTS are supported by the Universal Music Group, Timbaland -

This week, the Universal Music Group, the Dutch-American multinational music group, announced the foundation of a non-fungable token (NFT) Metaverse music group called Kingship, which includes four Bored Ape Yacht Club (BayC). After the announcement, the HIT record producer Timbaland revealed the foundation of a meta-seven-based entertainment company called APE-in Productions (AIP), which will also use BayC NFTS.

Universal Music Group reveals BayC NFT Supergroup called Kingship

While not fungible tokens (NFT) collector's items this year were the last scream, a certain collection called bored ape yacht club (bayc) turned.

Bored Ape Yacht Club) is a popular collection of non-fungal tokens (nft) Analytics data recorded the most expensive sales in April 2021. BayC today recorded the highest 24-hour trade volume, a s 3.934 etherum ( ETH ) or $ 18.3 million were exchanged for BayC nfts on the last day. The Bored Ape Yacht Club collection comprises a total of around 10,000 NFTs.

that BayC show an overall market assessment of 1.82 billion The trading volume of BayC was 9.296 dealers at 22.122 sales. The average sales price for a single BayC-NFT on November 13 is around $ 29.74,000.

The popularity of BayC has one of the largest music companies in the world, the Universal Music Group (UMG), inspired to found a meta -verse supergroup called Kingship. report that the " 22:22 The founder of the project, Celine Joshua, started the Kingship initiative with the popular NFT-collector jimmy mcneils .

In the description of the web portal at 10:22 p.m. it says: "As a next generation of the Universal Music Group, as a next generation of the Universal Music Group, has been discovered and promoted 22:22 since 2018." Each of the four members of Kingship, Celine Joshua, told the press; "Has your own story and personality that influences and contributes to the overall count of Kingship."

hit record producer Timbaland reveals APE-in productions

After the announcement of the UK and 10:22 p.m., Timothy Mosley, professionally known as Timbaland, announced the start of a BayC entertainment label called APE-in Productions (AIP). In conversation with the news publication Variety, Timbaland that the hit record producer said aim to strengthen the creators.

According to Variety's report, AIP will reveal a music group called "Thezoo" and a track that will be bound to an NFT collector piece called "Apesh! T". The report also adds that AIP was developed by Timbaland and a number of members of the BayC community. Jonathan Tenenbaum, Andrew Rosener, Gary Marella, Clement Kwan and Timbalands Beatclub will also contribute to this.

What do you think of entertainment companies that Bored Ape Yacht Club NFTS use? Let us know your opinion on this topic in the comments below.

Photo credits : Shutterstock, Pixabay, Wiki Commons, AIP, 22:22,