ChainCatcher news, the Web3 music NFT platform Sound.xyz has acquired the digital collectibles platform Soho, and the entire Soho team will join Sound.xyz, led by Omid Aziz, who will serve as the Chief Technology Officer. Sound.xyz will focus on building deeper connections between artists, curators, and listeners through this acquisition alongside Soho.

ChainCatcher news, the Web3 music NFT platform Sound.xyz announced the launch of the song gifting feature Gifts, allowing users to gift songs directly from Sound to others.According to the crypto data platform RootData, in July 2023, Sound.xyz completed a $20 million funding round led by a16z.

ChainCatcher news, music NFT platform Sound.xyz has completed a $20 million Series A funding round, led by A16z, with participation from rapper and NFT enthusiast Snoop Dogg, musician Ryan Tedder, music producer Tay Keith, Collab + Currency, Sound Ventures, Palm Tree Crew, Scalar Capital, and A Capital.Sound.xyz stated that anyone can upload their music to Sound and retain 100% ownership. Users can mint NFTs on the Ethereum mainnet as well as on Optimism.

ChainCatcher news, the music NFT platform Sound.xyz tweeted that it will open to all users in the next three months. During the preparation for the full launch, Sound.xyz will implement the artist onboarding process (including email registration, credit card payments, and mobile app), verify audio ownership (to ensure users do not upload music works that do not belong to them), and conduct testing and validation work. (Source link)

ChainCatcher news, according to official news from sound.xyz, the music NFT platform has officially launched Season 4, which will attract more artists each week and accelerate the development of self-service tools for artist and music exploration.In addition, sound.xyz also disclosed some achievements from Season 3, including: the release of the Sound Protocol smart contract framework, the launch of collector and artist profile pages, and the completion of developer documentation, which helped 170 artists achieve $3.5 million in sales revenue in both primary and secondary markets. (Source link)