{"id":13715,"date":"2021-11-14T08:44:26","date_gmt":"2021-11-14T07:44:26","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=13715"},"modified":"2021-11-14T08:44:34","modified_gmt":"2021-11-14T07:44:34","slug":"universal-music-group-timberland-2-project-bayc","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/universal-music-group-timberland-2-project-bayc\/","title":{"rendered":"Universal Music Group and Timberland Reveal Two Entertainment Projects Featuring the Bored Ape Yacht Club (BAYC)"},"content":{"rendered":"\n
Universal Music Organization announced this week the launch of Kingship, a non-fungible token (NFT) metaverse music group. Following the announcement, Timbaland, the hit song producer, announced the formation of Ape-In Productions (AIP), a metaverse-based entertainment company that will use BAYC NFTs as well<\/h5>\n\n\n\n
\"Universal
Universal Music Group Reveals Two Entertainment Projects Featuring Bored Ape Yacht Club<\/figcaption><\/figure>\n\n\n\n

Universal Music Group Revealed ‘Kingship'<\/h2>\n\n\n\n
\"Universal
Universal Music Group and Timberland Reveals Two Entertainment Projects Featuring Bored Ape Yacht Club<\/figcaption><\/figure>\n\n\n\n

While non-fungible token (NFT) collections have been all the rage this year, one collection, in particular, the Bored Ape Yacht Club,\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a><\/p>\n\n\n\n

According to dappradar.com<\/use><\/svg><\/span><\/a> figures, BAYC has an overall market capitalization of $1.82 billion and the collection has a total sales volume of $658 million. The transaction volume of BAYC was spread across 9,296 merchants and 22,122 sales. On November 13th, the average sale price for a single BAYC NFT was roughly $29.74K.<\/p>\n\n\n\n

The success of BAYC<\/a> has prompted Universal Music Group (UMG), one of the world's largest music companies, to form a metaverse supergroup named Kingship. According to reports, Celine Joshua, the founder of the “10:22 PM” project, initiated the Kingship effort with Jimmy McNeils, a well-known NFT collector.<\/p>\n\n\n\n

(BAYC), has made quite an impression in terms of sales and popularity.<\/p>\n\n\n\n

\"Universal
Universal Music Group Reveals Two Entertainment Projects Featuring Bored Ape Yacht Club<\/figcaption><\/figure>\n\n\n\n

“As Universal Music Group's next-gen Web3 label, 10:22 PM has been discovering, developing, and empowering artists, digital innovators, and brands since 2018.”<\/p>\n\n\n\n

According to the 10:22 PM web portal's description. Celine Joshua informed the press that each of Kingship's four members “has their own tale and personality that impacts and contributes to Kingship's overall storyline.”<\/p>\n\n\n\n

Timbaland Reveals Ape-In Productions
<\/h2>\n\n\n\n
\"Universal
Universal Music Group Reveals Two Entertainment Projects Featuring Bored Ape Yacht Club<\/figcaption><\/figure>\n\n\n\n

Timothy Mosley, better known as Timbaland, has announced the formation of Ape-In Productions, a BAYC entertainment label, after UMG and 10:22 PM's announcements (AIP). Timbaland stated that AIP strives to support creators in an interview with the news website Variety.<\/p>\n\n\n\n

“We've established a new entertainment platform in the metaverse that gives artists creative control and long-term ownership back,” Timbaland told Variety writer Jem Aswad.<\/p>\n\n\n\n

According to Variety, AIP will debut a music ensemble called “Thezoo” as well as a track tied to an NFT collectible called “Apesh!t.” AIP was created by Timbaland and a number of BAYC community members, according to the study. Timbaland's Beatclub, Jonathan Tenenbaum, Andrew Rosener, Gary Marella, Clement Kwan, and Jonathan Tenenbaum will also contribute.<\/p>\n","protected":false},"excerpt":{"rendered":"

Universal Music Organization announced this week the launch of Kingship, a non-fungible token (NFT) metaverse music group. Following the announcement, Timbaland, the hit song producer, announced the formation of Ape-In Productions (AIP), a metaverse-based entertainment company that will use BAYC NFTs as well Universal Music Group Revealed ‘Kingship’ While non-fungible token (NFT) collections have been […]<\/p>\n","protected":false},"author":29,"featured_media":13716,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,21],"tags":[5426],"class_list":["post-13715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking","category-news","tag-bayc-timberland-universal-music-group-nft-kingship"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/Universal-Music-Group-Reveals-Two-Entertainment-Projects-Featuring-Bored-Ape-Yacht-Club.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/13715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=13715"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/13715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/13716"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=13715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=13715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=13715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}