VNUE, Inc. Moves to Acquire Dominant Global Metaverse Market Position with Development Deal
October 27, 2022 at 09:25 am EDT
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VNUE, Inc. announced that the company has partnered with Kokku, South America's largest gaming and entertainment co-development firm, to bring a continuous VNUE Festival and multi-stage experience on Roblox in First Quarter of 2023. Bringing the VNUE festival to Roblox's more than 50 million active users worldwide is Phase One of the company's plans to develop a simple, seamless process for the creation, promotion, distribution, and management of interactive online gaming and streaming events. As VNUE shapes the future of distributing entertainment into the metaverse, brands and sponsors will find rich partnership opportunities through naming rights, in-world activations, and brand positioning opportunities. Artists will be compensated through the VNUE performance agreement model and earn their performance royalties, tracked by VNUE's Soundstr music recognition technology (MRT).
VNUE, Inc. is a music technology company. The Company utilizes its platforms to record live concerts and commercializes the content by making the content immediately available for purchase through its Website and the Website at Set.fm, a technology platform that enables musical artists to capture, promote and sell high-fidelity recordings instantly. Additionally, it offers high-end collectible products such as compact disks (CDs), universal serial bus (USB) drives and laminates, which feature its fully mixed and mastered live concert content, through its exclusive partner DiscLive Network. Its products and services include Stage It (Stage It.com), Set.fm / DiscLive Network, and Soundstr. Through Stage It.com, the Company can livestream concerts and other events, adding to the pool of other live music-focused technology services that include concerts or other live events. It protects the rights of artists and writers with the Company's Soundstr music recognition technology (MRT).
VNUE, INC. 
