MetaBeat Signs $2 Million Funding MOU with Burrito Wallet and Liquid Chang
MetaBeat,
a
pioneering
force
in
the
Web3
music
industry,
today
announced
that
it
has
secured
a
Memorandum
of
Understanding
(MOU)
for
$2
million
in
funding
with
Burrito
Wallet
(Bithumb
Wallet)
and
Liquid
Chang.
This
strategic
move
is
aimed
at
bolstering
MetaBeat’s
innovative
Fan-to-Earn
model
that
combines
Non-Fungible
Tokens
(NFTs)
and
social
finance
(socialfi)
features,
providing
a
unique
platform
for
Kpop
fans
to
interact
with
their
favorite
artists.
MetaBeat’s
platform
enables
fans
to
engage
directly
with
artists
through
digital
collectibles
and
community-driven
initiatives,
enhancing
the
fan
experience
within
the
booming
Kpop
sector.
As
Kpop
continues
to
capture
hearts
worldwide,
MetaBeat
offers
an
engaging
way
for
fans
to
gain
more
from
their
passion
for
music.
The
collaboration
with
Burrito
Wallet
and
Liquid
Chang
will
provide
MetaBeat
with
the
necessary
funds
to
expand
its
operations
and
enhance
its
services.
Burrito
Wallet,
renowned
for
its
secure
and
user-friendly
digital
asset
management,
will
facilitate
a
safe
environment
for
users
to
manage
their
NFTs
and
other
digital
assets.
Meanwhile,
Liquid
Chang
will
offer
the
necessary
market
liquidity
to
ensure
that
MetaBeat’s
NFTs
are
easily
accessible
to
a
global
audience.
Key
Details
of
the
MOU
Include:
–
Funding: The
$2
million
funding
through
the
MOU
will
enable
MetaBeat
to
scale
its
technological
developments
and
expand
its
reach
within
the
global
music
and
NFT
markets.
–
Burrito
Wallet
Collaboration: Will
provide
MetaBeat
users
with
enhanced
security
and
easier
access
to
their
digital
wallets,
ensuring
a
seamless
experience
when
managing
and
trading
digital
assets.
–
Liquid
Chang
Partnership: Aims
to
increase
the
liquidity
of
MetaBeat’s
NFT
offerings,
simplifying
the
process
for
fans
to
acquire,
trade,
and
invest
in
NFTs.
“We
are
excited
to
collaborate
with
Burrito
Wallet
and
Liquid
Chang
as
we
continue
to
develop
a
leading
platform
in
the
music
industry,”
said
the
CEO
of
MetaBeat. “This
partnership
and
the
funding
will
help
propel
our
mission
forward,
allowing
us
to
offer
even
more
engaging
and
innovative
opportunities
for
fans
around
the
world.”
The
partnerships
with
Burrito
Wallet
and
Liquid
Chang
are
expected
to
significantly
enhance
MetaBeat’s
platform
capabilities,
driving
further
innovation
and
adoption
in
the
intersection
of
music,
blockchain,
and
fan
engagement.
MetaBeat‘s
Website: https://metabeat.io/
MetaBeat‘s
X: https://x.com/MetaBeatOffl
Burrito
Wallet’s
Website: https://www.burritowallet.com/company
Burrito
Wallet’s
X: https://twitter.com/BurritoWallet
Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.
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