Yuga Labs and NTS Radio Pledge $150,000 to Expand Access to Music Education for Youth in Miami

By | November 23, 2022

MIAMI–(BUSINESS WIRE)–Yuga Labs, web3 chief and residential of Bored Ape Yacht Membership (BAYC), CryptoPunks, Meebits and extra, at present introduced that it’s going to associate with world music platform NTS Radio to donate over $150,000 to Music Entry Miami, a countywide initiative incubated on the Miami Basis. Music Entry Miami invests in Miami’s youth by increasing entry to music and humanities schooling.

NTS is a platform constructed by music lovers, for music lovers, and devoted to discovering and supporting new expertise. Yuga allows and encourages house owners and creators to construct collectively in a neighborhood with out borders. Collectively, they share Music Entry Miami’s objective of empowering underserved youth by the transformative energy of music, creating the following era of imaginative expertise.

Yuga will have a good time this announcement and extra on the BAYC x NTS Radio: Miami Artwork Week Wrap Celebration on December 3, the place they are going to match each greenback in meals gross sales generated onsite by the world’s first NFT restaurant, Bored and Hungry, along with the essential donation of $150,000.

This donation is the second installment of Yuga’s $1 million dedication to assist arts and schooling initiatives in Miami, which was launched with a $300,000 donation to the Enterprise Miami Scholarship Fund. Yuga co-founders Wylie Aronow and Greg Solano and CEO Nicole Muniz are proud Miami natives, and Yuga is worked up to proceed to be an lively a part of the Miami neighborhood by giving again to town the place BAYC was born.

“Bored Ape Yacht Membership has had an important connection to music, artwork and tradition from the very starting. Our neighborhood comes collectively and thrives the place expertise and tradition intersect to spark creativity,” mentioned Wylie Aronow , co-founder of Yuga Labs. “Music Entry Miami is making an important contribution in democratizing entry to music schooling for all younger folks in Miami. We’re thrilled to associate with NTS Radio for the newest funding within the vibrant way forward for our hometown,” added co-founder Greg Solano.

“Doing one thing for the area people has been an enormous driver for this undertaking with Yuga Labs, and supporting music schooling by Music Entry Miami is an ideal match with our mission to share wonderful music with passionate folks,” a doorman mentioned. -word of NTS.

“Yuga Labs’ deep funding in schooling and the humanities in Miami is extremely inspiring and fashions nice company citizenship,” mentioned Rebecca Fishman Lipsey, President and CEO of the Miami Basis. “We’re on a mission to make sure All the children in Miami have entry to the transformative energy of the humanities, and this funding will open many doorways for our neighborhood.

For extra info on the Yuga and NTS occasion in Miami, see right here.

About Yuga Labs

Yuga Labs is a Web3 firm shaping the long run by storytelling, experiences, and neighborhood. Guided by the idea that the potential of web3 might be realized after we begin with creativeness, not limits, Yuga’s initiatives purpose to reimagine the actual utility of NFTs and transfer the area as a complete ahead. Since launching in April 2021 with the flagship Bored Ape Yacht Membership assortment, they’ve made headlines as one of many first firms to launch IP licenses to their NFT holders, acquired and cleared rights to different main collections (CryptoPunks and Meebits), and made web3 historical past with document synced participant participation of their new initiative, Otherside. One of the vital formidable interactive metaverse initiatives so far, Otherside is being constructed with the neighborhood, rebelling in opposition to conventional walled gardens in play areas. In March 2022, Yuga Labs raised a seed spherical of 450 million {dollars} at a valuation of $4 billion.

About NTS

NTS is a worldwide music platform and radio station, broadcasting month-to-month from over sixty cities. It began as a interest DIY undertaking in Hackney in 2011, with the purpose of making an alternative choice to stagnant mainstream radio. Since then, NTS has expanded with everlasting studios in Los Angeles, Manchester and Shanghai. The platform has over 600 resident hosts, made up of a mixture of musicians, DJs, artists, and all the things in between.

Continuously championing the underground scene and a number one voice in different tradition, greater than half of the music performed on NTS will not be accessible on Spotify or Apple Music. With a rising world viewers of three million month-to-month listeners, NTS streams the most effective in underground music at scale – utterly freed from cost and with no on-air commercials.

About Music Entry Miami

Powered by the Miami Basis, with the catalytic assist of philanthropist Daniel R. Lewis, Music Entry Miami was created to make sure that each baby in Miami-Dade has entry to the facility of a constant, high-quality music and humanities schooling. Music Entry Miami seeks to increase youth entry to music by system-level impression and elevated belief, readability, and collaboration among the many area’s music leaders. The initiative contains three primary focus areas: constructing a powerful musical arts ecosystem, mapping arts schooling, and piloting a community-based collaborative arts schooling program. We imagine the humanities are an important ingredient for thriving and equitable communities, led by engaged youth and households.