Universal Music Group Files 4 Trademarks for BAYC

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News Report

by Valeria Goncharenko

Published: April 07, 2022 at 11:33 am Updated: June 08, 2022 at 3:35 am

Valeria Goncharenko

Published: April 7, 2022 at 11:33 am Updated: Jun 08, 2022 at 3:35 am

The Trust Project is a worldwide group of news organizations working to establish transparency standards.

Universal Music Group has announced the creation of the first NFT music band under the name of Kingship. The ensemble was started by Celine Joshua, the CEO of a Web3 label 10:22 PM.

The ‘leader’ of the music group is reported to be a Bored Ape Yacht Club NFT #5537. The NFT cost Universal Music Group 125 ETH, approximately $360,000 at the moment of purchase on March 18th.

UMG has filed four trademarks related to Bored Ape Yacht Club, including non-fungible tokens, crypto tokens, utility tokens and application tokens. The trademark list also includes online retail stores with digital and physical merchandise. Kingship website is currently under construction. Nonetheless, the main page features three Bored Apes and a Mutant Ape, indicating the visitor to imagine that the music group will be composed of the four Yuga Labs NFTs.

Universal Music Group has been interested in Web3 for some time now. In December 2021 the Company has signed a contract with Genies, an avatar company, as part of the expansion of the Group into Metaverse. Previously Genies has already partnered with Justin Bieber, Rihanna, J Balvin, The Migos and other pop stars.

Read related posts:

Bored Ape Yacht Club, Digital, Meta, Music, NFT, Nfts, Online, UTA, Web3

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Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related.Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities.You can contact her at [email protected]

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