A buzzy new music startup called Sound.xyz has raised a $5 million seed round, with contributions from Andreessen Horowitz (a16z), Variant Fund, Li Jin’s Atelier Ventures, a handful of crypto angels and artists like Holly Herndon, 21 Savage and DJ Drama. Sound’s pitch has to do with helping musicians make a living via crypto – specifically, a set of non-fungible tokens (NFTs) tied to new releases.
Source: NFT Music Startup Sound.xyz Raises $5M From a16z, 21 Savage
