How UMG Is Building Out Its Bored Ape Metaverse Band, Kingship

[Google News Bot]

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When Universal Music Group’s 10:22PM label revealed its virtual band Kingship last November, the premise felt truly novel: a group made up of Bored Ape Yacht Club and Mutant Ape NFT characters, born from decentralized IP and built for the metaverse. A Gorillaz for the Web3 era. The very next day, legendary music producer Timbaland revealed his own plans for Bored Ape-based groups. Eminem and Snoop Dogg have since used their Apes in a music video and MTV performance. Many other Ape NFT owners have tapped their IP rights. Along the way, there’s been NFT backlash, Bored Ape backlash, and meta ...

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