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

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MIAMI–(BUSINESS WIRE)–Nov 23, 2022–

Yuga Labs, web3 leader and home of the Bored Ape Yacht Club (BAYC), CryptoPunks, Meebits and more, today announced that it will be partnering with global music platform NTS Radio to donate over $150,000 to Music Access Miami, a county-wide initiative incubated at the Miami Foundation. Music Access Miami invests in Miami’s youth by expanding access to music and arts education.

NTS is a platform built by music lovers, for music lovers, and dedicated to discovering and supporting new talent. Yuga enables and encourages owners and creators to build together in a community without borders. Together, they share Music Access Miami’s goal of empowering underserved youth through the transformative power of music, creating the next generation of imaginative talent.

Yuga will celebrate this announcement and more at the BAYC x NTS Radio: Miami Art Week Wrap Party on December 3, where they will match every dollar in food sales generated onsite by the world’s first NFT restaurant, Bored and Hungry, in addition to the basic donation of $150,000.

This donation is the second installment of Yuga’s $1 million commitment to support arts and education initiatives in Miami, which was launched with a $300,000 donation to the Venture Miami Scholarship Fund. Yuga co-founders Wylie Aronow and Greg Solano and CEO Nicole Muniz are proud Miami natives, and Yuga is excited to continue to be an active part of the Miami community by giving back to the city where BAYC was born.

“Bored Ape Yacht Club has had a vital connection to music, art and culture from the very beginning. Our community comes together and thrives where technology and culture intersect to spark creativity,” said Wylie Aronow , co-founder of Yuga Labs. “Music Access Miami is making a vital contribution in democratizing access to music education for all young people in Miami. We are thrilled to partner with NTS Radio for the latest investment in the vibrant future of our hometown,” added co-founder Greg Solano.

“Doing something for the local community has been a huge driver for this project with Yuga Labs, and supporting music education through Music Access Miami is a perfect fit with our mission to share amazing music with passionate people,” a doorman said. -word of NTS.

“Yuga Labs’ deep investment in education and the arts in Miami is incredibly inspiring and models great corporate citizenship,” said Rebecca Fishman Lipsey, President and CEO of the Miami Foundation. “Our mission is to ensure All the kids in Miami have access to the transformative power of the arts, and this investment will open many doors for our community.

For more information on the Yuga and NTS event in Miami, see here.

About Yuga Labs

Yuga Labs is a Web3 company shaping the future through storytelling, experiences, and community. Guided by the belief that the potential of web3 can be realized when we start with imagination, not limits, Yuga’s initiatives aim to reimagine the real utility of NFTs and move the space as a whole forward. Since launching in April 2021 with the flagship Bored Ape Yacht Club collection, they have made headlines as one of the first companies to release IP licenses to their NFT holders, acquired and cleared rights to other major collections (CryptoPunks and Meebits), and made web3 history with record synced player participation in their new initiative, Otherside. One of the most ambitious interactive metaverse projects to date, Otherside is being built with the community, rebelling against traditional walled gardens in play spaces. In March 2022, Yuga Labs raised a seed round of 450 million dollars at a valuation of $4 billion.

About NTS

NTS is a global music platform and radio station, broadcasting monthly from over sixty cities. It started as a hobby DIY project in Hackney in 2011, with the aim of creating an alternative to stagnant mainstream radio. Since then, NTS has expanded with permanent studios in Los Angeles, Manchester and Shanghai. The platform has over 600 resident hosts, made up of a mix of musicians, DJs, artists, and everything in between.

Constantly championing the underground scene and a leading voice in alternative culture, more than half of the music played on NTS is not available on Spotify or Apple Music. With a growing global audience of 3 million monthly listeners, NTS streams the best in underground music at scale – completely free of charge and with no on-air commercials.

About Music Access Miami

Powered by the Miami Foundation, with the catalytic support of philanthropist Daniel R. Lewis, Music Access Miami was created to ensure that every child in Miami-Dade has access to the power of a consistent, high-quality music and arts education. Music Access Miami seeks to expand youth access to music through system-level impact and increased trust, clarity, and collaboration among the region’s music leaders. The initiative includes three main focus areas: building a strong musical arts ecosystem, mapping arts education, and piloting a community-based collaborative arts education program. We believe the arts are an essential ingredient for thriving and equitable communities, led by engaged youth and families.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20221123005428/en/

CONTACT: Yuga Laboratories

Delaney Simmons

[email protected] Radio

Will Dickson

[email protected]

KEYWORD: FLORIDA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER TEENS TV & RADIO CHILDREN MUSIC ELECTRONIC GAMES ENTERTAINMENT NFT GENERAL ENTERTAINMENT FUNDRAISING OTHER EDUCATION METAVERSE FOUNDATION PRIMARY/SECONDARY PROFESSIONAL SERVICES EDUCATION PHILANTHROPY MOBILE ENTERTAINMENT OTHER PHILANTHROPY WEB3 SOFTWARE

SOURCE: Yuga Laboratories

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PUBLISHED: 11/23/2022 1:25 PM / DISK: 11/23/2022 1:26 PM

http://www.businesswire.com/news/home/20221123005428/en

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