Animal Concerts, an entertainment platform for next generation, is located at the intersection of distributed ledger technology (DLT), cryptocurrencies, virtual realities, and Non-Fungible Tokens. As they attempt to take control of a huge entertainment sector that was largely affected by the Covid-19 epidemic, the ambitious goals of the project seem lofty.

Live concerts with recording artists Alicia Keys, Future (a Grammy-winning rapper) and Busta Rhymes have been held in association with the platform. An online Metaverse is the best option, considering that live concert attendance has fallen by as much as 20% between 2019-2020 (from $23 million to $8 billion), The platform has already signed over 50 deals with the world’s top recording artists and organizations. For sales, it plans to partner with Eventbrite (NYSE) and Ticketmaster global ticketing agents.

It is not just about providing a new venue for artists to perform concerts. The project offers new revenue streams, enhanced viewing experiences and native cryptocurrency to purchase. It also integrates NFTs. You can stream concerts in 2D or 3D metaverses using 360-degree cameras, VR headset integration and VR headsets. Animal Concerts gives recording artists the opportunity to keep half of all ticket sales and NFTs. This is more fair than previous models, where centralized parties controlled all the money and made little difference to the overall experience.

The attendance fee for many concerts will also be lower, which will make it a major draw. Before the advent of online entertainment, it was costly to rent a space to hold thousands. It was not possible for a concert to be held without internet access in the Covid-19 era. The online concert could fill the gap that was left due to insufficient physical attendance. Anyone can attend online concerts, regardless of where they live. The internet has opened up a new market that was previously very lucrative. Geographic restrictions are no longer relevant and the door is now open to all.

It is clear that online and live entertainment are becoming deprecated. Platforms like Animal Concerts can help bring them back. Animal Concerts goes beyond filling the void. They seek to create an entertainment experience that is more than what was previously possible.

Animal Concerts is still going to be using some of the centralized model aspects, even as the industry changes. This is reflected in the fact that they will be working with some of the world’s top names in terms of marketing and sales and using something of a hybrid model to test out what works. According to the whitepaper, it will be a perfect complement for existing infrastructure. The partners include a combination of decentralized entities such as Netvrk and NFT artists (Decentraland), but also centralized entities like Maxim, Segi, TV (etc) to achieve the ideal balance.

It also boasts significant partnerships and financial support. The platform recently completed a private $6.75million round, and has raised $1 million through token sales in five different decentralized launchpads. MT Capital was supported by Maven Capital as well as Magnus Capital, Skybridge20 and Skybridge20. They also raised $1 million in token sales through five decentralized project launchpads. Alex Smirnov, Heslin K (co-founder at SupraOracles), Theodore Agranat, Greenhorns Capital and Brotherhood VC were notable angel investors. Yuen Ho Wong is the CEO of Labs Group.

The next step on the Animal concert roadmap will be a central exchange listing on AscendEX, January 26th at 2PM UTC. The public will be able to access a specific token for the entertainment sector by this listing. ANML can be traded in USDT, and AscendEX has over 1,000,000 international clients.

Animal Concerts will change the world of entertainment and the way people interact with celebs. We are witnessing the rise of an industry that combines innovative technology and online entertainment. Animal Concerts may be what binds the many threads of the emerging online entertainment world.

Animal Concerts

Animal Concerts is creating the Next Generation of Live Events within the Metaverse. For fans and musicians worldwide, we are changing the face of music by providing unique concerts featuring A-list performers, collaboration on NFT drops and live streaming in Metaverse. We also tokenize the whole experience.

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