Music industry titans and a Web3 supercomputing firm aim to conquer the virtual music world
Hadean, a British Web3 startup, has teamed up with PIXELYNX to scale up the world’s first music metaverse, ELYNXIR, it was announced earlier this week. Co-founded by electronic music producers and technologists Joel Zimmerman (deadmau5) and Richie Hawtin (Plastikman), the pair developed ELYNIXIR to provide users with a platform to join virtual concerts, earn non-fungible tokens (NFTs), and attend bespoke virtual spaces designed by musicians.
The persistent, scalable platform allows artists to design music ecosystems for distributing and hosting music and immersive experiences, backed by Hadean’s distributed cloud systems. The platform’s services will create a hub for hosting games, shows, and NFTs in a persistent virtual experience. Hadean will also provide connectivity and computing resources across the cloud and edge for optimal upscaling for the metaverse project, the companies explained. Hadean was founded in 2015 as a venture-backed startup for building computing, Web3, and Metaverse solutions for enterprise and defence sector clients, including CAE, Microsoft, the Francis Crick Institute and Cervus, Minecraft, and others. Full story here