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JAY-Z’s Venture Capital Firm, Marcy Venture Partners (MVP) Invests in 24 Year-old Founder Iddris Sandu on an Innovative Tech Incubator Shaping the Metaverse

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JAY-Z’s Venture Capital Firm, Marcy Venture Partners (MVP) Invests in 24 Year-old Founder Iddris Sandu on an Innovative Tech Incubator Shaping the Metaverse

Marcy Venture Partners (MVP) invests in 24 year-old technologist Iddris Sandu’s impact-driven tech incubator: spatial LABS (sLABS). MVP and sLABS form a multi-tiered partnership that will examine the endless possibilities at the intersection between tech, culture, and humanity.

JAYZ (L) & spatial LABS Founder Iddris Sandu (R) [Photo Credit : Lenny “Kodaklens” Santiago]

LNQ, an innovative and state-of-the art hardware platform that is blockchain enabled, was sLABS’ first venture. LNQ aims to make the metaverse more accessible and provide creators with decentralized tools to engage with their communities through LNQ’s proprietary, real-time processing stack.

The relationship between JAY-Z and Sandu has been one in development, with sLABS previously collaborating on Augmented Reality partnerships with Beyoncé’s Ivy Park, Nipsey Hussle’s The Marathon Clothing Store, Rihanna’s Fenty line and Kanye West’s Yeezy, each of whom have collaborated with JAY-Z throughout their multi-hyphenate careers.

“Idris has an imaginative and inspiring youth-centric view. She is conscious of our world. In how we see our life impacting other people, there are similar similarities. This is an exciting opportunity to work with him and the others on this adventure.
– JAY-Z

The time is ripe for investment in the cryptocurrency and blockchain space.

Jay-Z is at the forefront cultural change and the identification of the next generation leaders. Marcy Venture Partners is a partner in our mission to empower youth through access to information and technology. This relationship’s lasting impact is more than the current work done, it also includes the unmeasurable benefits for future generations.
– Iddris Sandu

Sandu, a Ghanaian-born native, was brought up in Southern California. He was constantly inspired to innovate and be a change agent. Sandu started working with top global corporations, including Apple (NASDAQ), Google (NASDAQ), Facebook (NASDAQ), and Adidas (OTC). Nike (NYSE:) Among many others.

In addition to being a technologist, Sandu’s entrepreneurial skills are equally astute in his ability to connect with multi-generational moguls and bring them together.

Thiel Fellowship: A two-year program established by Silicon Valley veteran Peter Thiel. Thiel was also one of the early investors in SpaceX (NASDAQ:) and Facebook (NASDAQ.). Sandu shortly after founded halt LABS (an early sister entity to sLABS), a city infrastructure and transportation corporation that has garnered the attention and funding of impact-driven investors like NFL Professional Bobby Wagner, Ron Burkel of Yucaipa Companies, NBA veteran Anthony Tolliver, Marcy Venture Partners, and Scooter Braun of Raised in Space – a VC fund backed by (XRP).

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