The artificial startup of Intelligence Infinite Reality captures the music-seductive app that has been the service of music streaming Napster in a $ 207 million deal and plans to add a music-focused metaverse.
There is no -human reality Says In a March 25 statement that Napster will offer a “branded 3D virtual space” to allow Virtual concerts and “social listening parties” along with the ability to offer virtual goods.
“Imagine entering a virtual place to watch an exclusive show with friends, chat with your favorite artist in their own virtual hangout as they drop their new single, and can buy their exclusive digital and physical goods directly,” said Napster CEO Jon Vlassopulos, who will continue in his role in the middle of his work.
“The Internet has changed from desktop to mobile, from mobile to society, and now we are entering the trendy times,” he added.
“The most legendary collab?! Infinite reality has gained iconic online music brand @Napster.
In this acquisition, we expand and organize a napster, empowering artists with new financial capabilities and coherence capabilities, supported by IR’s #immersive… pic.twitter.com/l4fig7qfct
– Infinite Reality (@infinite_ir) March 25, 2025
The endless reality has also added its plans for Napster to allow musicians to use customer and community management agents and analytics dashboards to monitor fan and cross-promotion behavior along with other hobby properties, such as eSports teams.
Napster’s latest repurosing
Napster is a pioneer in Piracy, which is launched in 1999 as a peer-to-peer (P2P) sharing service mostly for music. It was closed in 2001, buried by a court order after a wave of copyright violation.
The company is now selling its brand, which is resurrected as a music streaming service before bouncing between owners over the next 20 years. Blockchain firm Algorand and Crypto investment firm Hivemind, who was recently purchased in 2022.
Related: Here’s what the musicians really think of the tokenizing content on the web3
Napster made a lot of motions in the web3 space, announcement Plans in June 2022 to launch its own napster token in Algorand Blockchain That can be used to buy music subscriptions and other content. The brand also bought Web3 Music Startup Mint Songs in February 2023.
Source: Napster
John Acunto, co-founder and CEO of Infinite Reality, said the team is hoping to rule out an “Internet Industry Shift from a flat 2D to click web in a 3D conversation.”
The endless reality says that taking the napster is set to close in a few weeks. According to the firm, it hopes the Napster brand will change to be the leading enthusiastic music platform for artists, fans and curators through financial capabilities and coherence capabilities.
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