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. WME, United Talent CAA and Paradigm are approaching Animal Concerts to become the global leader in the Metaverse concert industry.

The platform already hosts live concerts featuring Grammy-winning recording artist Alicia Keys and Future. An online Metaverse is a great way to boost this industry, considering the sharp drop in concert ticket sales between 2019 and 2020 (from $23 billion to $8 billion), For sales purposes, it plans to partner with Eventbrite (NYSE -) and Ticketmaster as 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 had the largest share of revenue but did not improve the experience.

A major benefit will be the fact that many concerts will have a lower attendance cost. Before the advent of online entertainment, it was costly to rent a space to hold thousands. Covid-19 was the era when the concert couldn’t be held without it going online. It could even go further than filling in the gaps left by physical absence. 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 does more than fill a gap. It seeks to offer an entertainment experience beyond the one that existed before.

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. This whitepaper suggests that the new infrastructure will be a perfect complement to it. In order to achieve the ideal balance they will be partnered with both centralized (Decentraland TV, Netvrk and NFT Artists) and decentralized (Capture Studio, Segi TV, Maxim) entities.

They also have significant financial backing. A $6.75 million round of private financing was closed recently and token sales totaling $800k were made across five launchpads. ZMT Capital was one of the most prominent backers. Alex Smirnov (the creator of deBridge), Heslinkim (the cofounder of SupraOracles), Theodore Agranat (“the cofounder AlphaCrypto”), and Yuen Hwong (CEO of Labs Group) were some notable angel investors.

The next step in the Animal concert roadmap is an AscendEX centralized exchange listing. This will increase exposure for the ANML token, so the general public can have access to a specific token to the entertainment sector. ANML is to be traded against USDT. AscendEX services over 1,000,000 customers around the world. They will have their IEO by Q1 of this year.

Animal Concerts, ultimately, is an industry-changer. It will revolutionize the way celebrities interact with fans and change how people enjoy entertainment online in the Metaverse. The combination of new technologies is enabling online entertainment as well as live concerts to be enhanced. We’re witnessing the birth of a new industry. Animal Concerts may be what binds the many threads of the emerging online entertainment world.

Information about Animal Concerts

Animal Concerts is creating the Next Generation of Live Events within the Metaverse. Our mission is to revolutionize the music industry worldwide by delivering physical concerts with top artists and live streaming it in the Metaverse.

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