Business News Report
June 29, 2023

Warner Music Group and Polygon Labs Launch a Music Accelerator Program

In Brief

Warner Music Group partners with Polygon Labs to launch a music accelerator program. 

Companies and entrepreneurs wishing to participate must have ideas that transcend beyond the first stage of the concept.

Successful candidates will actively participate in the development of concepts that will be deployed on the Polygon blockchain. Startups will receive funds from both Warner Music Group and Polygon Labs. 

Global music and entertainment company Warner Music Group partners with Polygon Labs to launch a music accelerator program. The initiative aims to attract and power the next generation of web3 music projects by supporting developers who build music-focused decentralized applications on the Polygon blockchain.

Warner Music Group and Polygon Labs Launch a Music Accelerator Program

Polygon and Warner Music Group are looking for startups and entrepreneurs that operate at the intersection of web3, technology, and music. Among the topics of the accelerator are decentralized music production and distribution systems, the creation of artist-fan communities, and the development of innovative ticketing solutions. Startups can also focus on music-related merchandise and digital or physical collectibles, as well as integrating music into gaming and interactive technologies.

Companies and entrepreneurs wishing to participate must have ideas that transcend beyond the first stage of the concept. And, of course, developers must show a strong passion for the future of music. 

Interested individuals can already apply for the program on a dedicated page. Applicants are required to submit pitch decks, demonstrate proofs of traction, and provide detailed use of funds. Successful candidates will actively participate in the development of concepts that will be deployed on the Polygon blockchain. 

Notably, selected startups will receive funds from Warner Music Group and Polygon Labs. Entrepreneurs will also get support from music and blockchain experts, including mentorship and strategic advising. More than that, developers will get assistance in marketing and promotion and will get access to networking opportunities. 

Polygon Labs and WMG will meet with selected startups quarterly. The latter will provide updates, report on the progress, and receive advice from experts. 

“We’re delighted to join forces with WMG in our shared mission to bolster creativity and enterprise in music through new technology. By supporting companies and entrepreneurs at the intersection of Web3 and music, we aim to encourage a new era of innovation for the music industry,” said the President of Polygon Labs, Ryan Wyatt. 

Read more:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

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]

More articles
Valeria Goncharenko
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]

Hot Stories
Join Our Newsletter.
Latest News

The Calm Before The Solana Storm: What Charts, Whales, And On-Chain Signals Are Saying Now

Solana has demonstrated strong performance, driven by increasing adoption, institutional interest, and key partnerships, while facing potential ...

Know More

Crypto In April 2025: Key Trends, Shifts, And What Comes Next

In April 2025, the crypto space focused on strengthening core infrastructure, with Ethereum preparing for the Pectra ...

Know More
Read More
Read more
May 2025 in Blockchain: Key Updates and What’s Coming Next
Digest Business Markets Technology
May 2025 in Blockchain: Key Updates and What’s Coming Next
May 30, 2025
May 2025 in Crypto: Projects That Mattered Across Blockchains
Digest Business Markets Technology
May 2025 in Crypto: Projects That Mattered Across Blockchains
May 30, 2025
Crypto Partnerships Power Up: Coinbase, Binance & Bitget Lead the Charge
Digest Business Markets Technology
Crypto Partnerships Power Up: Coinbase, Binance & Bitget Lead the Charge
May 30, 2025
The Next Wave of Crypto: An Exclusive Podcast with Yat Siu
Hack Seasons Interview Business Markets Technology
The Next Wave of Crypto: An Exclusive Podcast with Yat Siu
May 30, 2025