Tag: oursong

Grammy Winner John Legend to Launch Music NFT Platform Called OurSong

12-time Grammy winner John Legend will launch a music NFT platform called OurSong for musicians and entertainers.

John Legend will team up with Chris Lin, who runs Taipei-based digital music service KKBOX, Live video broadcasting platform Twitch co-founder Kevin Lin, and venture capital firm Cherubic Ventures, Matt Cheng, to launch a non-fungible token (NFT) that will allow artists to stake their work in Tokenize for trading.

John Legend will serve as CEO of the platform, using his global reach to attract more musicians, artists, and fans to the platform.

The platform, called OurSong, will also grant buyers privileges such as access to unreleased music and private chat rooms.

According to Chris Lin, the service does not require a cryptocurrency wallet and is easy to use.

According to the terms of the transaction, users need to buy OurSongDollars (OSD) to buy Vibes. Users of the platform can use USD Coin (USDC) on the Circle’s blockchain, credit card, debit card, wire transfer, or USD Coin to buy OSD and deposit it into OurSong.

Legend said in an interview with Bloomberg that he has been putting his mind and energy into creating music, but in addition, he also hopes to make the world more connected, adding that:

“When I think about what I want to do, I try to get involved with projects that I think will make the world more connected.”

Our Happy Company's NFT Platform OurSong Integrates with Circle

Web3 infrastructure platform Our Happy Company launched its social NFT platform OurSong and integrated with the issuer of stablecoin USD Coin (USDC) Circle.

Our Happy Company solved it by using Circle’s payment The solution as it aims to simplify the process of buying and selling NFTs for creators and consumers.

The company was founded by musician John Legend and technology entrepreneurs in 2018.

Chris Lin, CEO of Our Happy Company, expressed the hope that through the infrastructure of financial technology company Circle, the OurSong platform can be as simple and straightforward as buying a digital album or placing a delivery order to buy or sell NFTs.

He added that:

“We want to democratize NFTs for the masses, and that starts with one of the biggest challenges for first-time users: overcoming a complicated process to buy your first digital collectible,”

OurSong provides creators with a fair music NFT platform, interaction with fans through their works, and earn corresponding rewards for themselves through NFT.

Users can easily purchase the platform’s in-app credit OurSong Dollar (OSD) with a credit card, debit card or USDC to redeem their favourite creator’s NFT for support,

Jeremy Allaire, co-founder and CEO of Circle, said:

“Simplifying payment for NFTs is an integral step toward helping creators take advantage of this growing technology. OurSong’s vision to democratize NFTs for everyday users is exciting for us to support.”

As reported by blockchain.news on February 24, The issuer of stablecoin USD Coin (USDC), Circle, has launched a new account service that enables corporate customers to deposit, withdraw, receive and store cryptocurrencies through their account and settle all payments in USDC stablecoins.

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