×
Monday, December 23, 2024

Plagood Announces Entry Into Web3 with Entertain-To-Earn Token and Social Entertainment App - Yahoo Finance

Last updated Tuesday, August 2, 2022 03:00 ET , Source: NewsService

Plagood’s partnerships with leading music groups and global artists will put the app in front of hundreds of millions users

Tortola, BVI, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Plagood, a ground-breaking social entertainment app that allows users to seamlessly swap themselves into popular music videos and transform themselves into the artists they love, has announced their entry into Web3 with the upcoming release of their entertain-to-earn token. The token rewards and incentivizes participation on the Plagood app for all key stakeholders including users, creators and IP holders. The platform has partnered with Nvidia, Universal Music, and other major recording and publishing groups and has grown exponentially to reach a current active user base of over 80,000.

According to Mike More, the CEO of Plagood: “Plagood is bringing the world's most popular artists and music into Web3. Our synthetic media app unlocks new monetization streams for artists, while allowing our users to engage with their favorite artists and their music in entirely new ways. Synthetic media is the next media unit to take over the social media landscape, and we are excited about attaching this to our Entertain-to-Earn token and our viral social entertainment application.

Plagood was co-founded by renowned musician Timbaland, as well as Mike More, a serial entrepreneur with several successful exits in the music world. Plagood’s native Token ($PGT) will power an entertain-to-earn token model and creator fund...



Read Full Story: https://finance.yahoo.com/news/plagood-announces-entry-web3-entertain-172400249.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.