KOLO.Market X Ballet — Partnership Announcement
KOLO.Market, the world’s first vertically integrated classical music NFT platform, is proud to announce its partnership with Ballet, a professional cold wallet solution provider for the blockchain industry. This partnership also marks the next maturation step in capturing the value of classical music NFTs in decentralized cold wallet solutions. Making such NFTs secured not only on blockchains, but also through self-custody methods.
KOLO.Market and Ballet will carry out more deeper ecological cooperations in the future asides from this initial step. Ballet’s synergy with KOLO.Market can help realize the immediate benefits obtained by the KOLO.Market NFT, which will be the next generation NFT platform more convenient for holders to display their exclusive NFT to friends. In the future, KOLO.Market will launch a new platform called Metaverse Music, with the Ballet wallet being used directly as an exclusive admission ticket.
About Ballet
Ballet is a U.S. company that provides simple and secure cryptocurrency storage solutions for the global mainstream market. Ballet is the team behind the world’s first multi-currency, non-electronic, physical crypto wallet. The company was founded in 2019 by Bobby Lee and an international team of cryptocurrency industry veterans. Ballet is headquartered in Las Vegas, Nevada in the United States, and has an office in Shanghai, China.
Ballet wallets are trusted by users from more than 90 countries, holding an aggregate total of more than $400 million worth of crypto assets. Since the REAL Series wallet was launched in 2019, Ballet wallets have had no security breaches and no customer loss of funds. With each passing year, Ballet’s patented security model earns more trust from users, growing its reputation as one of the safest and most reliable cold storage solutions in the market.
About KOLO.Market
KOLO.Market is the first classical music NFT platform to be funded and fostered by a New York Stock Exchange-listed firm and has established long-term cooperative relations with Naxos, the world’s largest independent classical music group and hundreds of well-known record companies around the world. The works recorded by these well-known record companies have won many awards, which includes Grammy Awards, Gramophone Classical Music Awards, BBC Music Magazine Awards and other major international awards.
KOLO.Market through the decentralized, traceable and non-tamperable attributes of the blockchain, helps solves the problems of copyright confirmation, rights protection and management, protects and improves royalties payment efficiency to ensure the legitimate rights and interests of musicians, so as to realize the decentralization of classical music royalties, and create a transparent platform of long-tailed market for digital music assets based on the application of blockchain technology. In addition, KOLO.Market incorporates the idea of web3 so that fans are no longer just givers but also receivers of rewards when supporting their favorite musicians, which undoubtedly creates a sustainable and healthier new model.
The theme of classical music will bring users an unique immersive experience in the Metaverse, where users’ privacy and security are the absolute priorities, KOLO.Market will join hands with Ballet to explore futuristic music concerts experiences in the Metaverse.
