NFT music platform OneOf has raised more than $8 million in strategic investments, according to a press release.

Tura was joined by Amex Ventures (the venture arm of American Express), Snow Hill Ventures, Sangha Capital, Chain Link Crypto Fund, and others. Including this round, the amount of funding raised by OneOf exceeded $72 million.

“As the Web3 market matures and strengthens, we see a great opportunity to shape new business models that allow creators of all shapes and sizes, from the world’s biggest brands to emerging independent artists, to unlock the true potential of this new technology,” Lin said. Dai is the CEO of the platform.

OneOf describes itself as a “green NFT platform” powered by the Tezos blockchain designed for the music community.

In the spring of 2021, the platform announced that it had raised $63 million with participation from eco-activists Bill Tai, Jack Herrick, Nima Capital’s Suna Saeed, Sangha Capital and the Tezos Foundation.

In November, OneOf partnered with the US National Academy of Recording Arts and Sciences to produce NFTs for the 64th, 65th and 66th Annual Grammy Music Awards.

Learn about what Tezos is in the ForkLog tutorials.

Recall that in February, rapper Snoop Dogg announced his plans to turn Death Row Records into the first NFT label, whose artists will be active participants in the metaverse.

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