At the Avalanche Summit in Barcelona, the Canadian musician and record producer Grimes announced she plans to launch an “intergalactic children’s metaverse book.” Grimes’ children’s metaverse book project is part of a $100 million initiative started by the Avalanche Foundation and the non-fungible token (NFT) launchpad OP3N.
Grimes Partners With OP3N to Launch ‘a Series of Educational Art for Babies and Small Children’ on Avalanche
On March 22-27th, at the Avalanche Summit at Poble Espanyol in Barcelona, the NFT launchpad OP3N and the Avalanche Foundation announced a $100 million initiative dedicated to Web3 entertainment called Culture Catalyst. Ava Labs president John Wu said that Culture Catalyst will bolster Web3 entertainment apps on the Avalanche network.
“The Avalanche Foundation’s Culture Catalyst Initiative with OP3N marks a watershed moment for entertainment and pop culture applications on Avalanche,” Wu explained. “Users can expect the already robust Avalanche NFT scene to grow into new areas and be part of a fresh chapter in the history of culture on Web3.”
In addition to the Culture Catalyst, the Canadian musician Grimes revealed that she plans to launch an “intergalactic children’s metaverse book” as one of the projects from the initiative. While talking to Avalanche Summit guests from a video screen, Grimes talked about Web3 and how she was pleased to help OP3N’s efforts.
“When I first got into Web3, this was the kind of project I was hoping to see,” Grimes told the audience. “I’m very excited to be partnering with OP3N to launch a series of educational art for babies and small children with the goal of creating a profound experience for babies that is also deeply meaningful to adults,” the musician added.
Grimes has been involved in the non-fungible token (NFT) ecosystem quite a bit over the last two years. Grimes is also Elon Musk’s wife and the mother of his child “X Æ A-12.” In March 2021, Grimes teamed up with the NFT marketplace Nifty Gateway to introduce her NFT collection entitled “Warnymph Collection Vol. 1.” The NFT collection obtained around $6 million and the NFT called “Newborn 1 & 3” was fractionalized.
“I hadn’t dropped any NFTs since the first drop because of the environmental concerns. But I feel totally comfortable launching on Avalanche,” Grimes said at the blockchain event.
Tags in this story
$100 million initiative, 100 million, Ava Labs’ president, Avalanche, Avalanche (AVAX), AVAX, blockchain event, Canadian musician, children’s metaverse book, Culture Catalyst, Elon Musk’s Wife, Grimes, Grimes’ NFT, John Wu, metaverse book, NFT collection, OP3N, OP3N NFT launchpad, Warnymph Collection Vol. 1., Web3, Web3 entertainment, X Æ A-12
What do you think about the $100 million initiative dedicated to Web3 entertainment? What do you think about Grimes detailing she will be launching an intergalactic children’s metaverse book? Let us know what you think about this subject in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.