philip lelyveld The world of entertainment technology

6Jul/21Off

World’s first VR music festival on Ethereum goes live this Sunday

To The Moon, the world’s first music festival hosted virtually and live using Ethereum technology, will be held this Sunday in Decentraland.

The festival project is the brainchild of a group from within the non-Fungible Token (NFT) community resulting from a partnership between leading NFT marketplace KnownOrigin, NFT agency BEAR NFT, and the Illumino NFT collective.

The festival will be hosted in KnownOrigin’s virtual headquarters in Decentraland – an Ethereum-based virtual reality world – and will present a number of live online musical performances including artists such as Ookay, Fred Thurst, SNBRN, Autograf, and Win and Woo.

Attendees can anticipate more than just music, with organisers announcing a collection of exclusive NFTs available during the course of the festival.

They will also be able to claim a virtual token for their Decentraland account utilising Proof of Attendance Protocol (POAP) technology, alongside exclusive avatar items such as virtual hats.

The festival begins at 6pm UTC on Sunday July 11.

See the full story here: https://finance.yahoo.com/news/world-first-vr-music-festival-140919845.html

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