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Writer's pictureMark S

22nd Sept 2022 - Hume web3 entertainment raises $11.7m

Hume, a web3 entertainment firm from Los Angeles, California that is leading the way for music in the metaverse, has raised $11.7M in Series A funding.




In addition to Collab+Currency, Winklevoss Capital, Gemini Frontier Fund, Gmoney, Flamingo DAO, Noise DAO, LAO DAO, Distributed Global, Rahilla Zafar, Evan Bogart, and Cooper Turley, the round was also headed by TCG Crypto.


The company plans to utilize the money to grow its engineering, creative, music business, and marketing teams as well as to create a roster of virtual metastar artists and a platform for fan involvement.


David Beiner and Jay Stolar co-founded Hume, a Web3 entertainment business for the Metaverse. Its community-building approach blends music, digital identity, and storytelling to develop virtual artists, or “metastars”, who are as inspired by us as we are by them.


The crew behind Hume's metastars, which includes writers, producers, storytellers, animators, promoters, publicists, and vocalists, develops them entirely in-house. The business unveiled the first metastar in 2021. Angelbaby, a Web3 artist and Fluf World celebrity, exemplifies a brand-new category of virtual artists created specifically for the metaverse. Angelbaby performed at Art Basel, FLUF Haus LA, and SXSW earlier this year and released their debut track, "NFT," earlier this year. NFTs and music from Angelbaby have gone to the top of OpenSea, web3 streaming service Audius, and Flufworld's scene and sound library. At Hume, users are totally engaged in a rich narrative while also having direct access to an artist's music selection process.


The Hume Genesis NFT, which grants fans the power to directly influence the metastars' decisions by voting on single releases, merch, and more, makes it possible for all of this to take place in their soon-to-launch portal, "The Spot."


The Hume Genesis, which is accessible to OpenSea, is the first NFT collection from Hume. The NFTs, with a total supply of just 1035 tokens distributed among three rarity tiers, grant owners varying degrees of control over the personal histories and musical careers of upcoming metastars.


A multinational team of workers from the company is spread out across Brazil, California, France, and Argentina.


Find out more here: https://www.wearehume.com/


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