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Tuesday, 27 September 2022, 18:17 HKT/SGT

Source: MetaBoundless / Algorand Foundation
MetaBoundless hosts the first-ever all-Arabic Avatar Concert in the Metaverse
- "Superstar" Ragheb Alama and "LM3ALLEM" Saad Lamjarred join forces with Composer Michel Fadel for this historic Concert as Avatars in the Metaverse

- Algorand Foundation, Apparel Group, 6thStreet.com, and Crypto Arabs partnering MetaBoundless for this all-world fusion of Web3, NFTS and DAOs in the Metaverse

DUBAI, UAE, Sept 27, 2022 - (ACN Newswire) - The first 'Concert of the Future' will be an out-of-world experience not to be missed. In a unique Arab-led virtual concert starring Ragheb Alama and Saad Lamjarred, host MetaBoundless has partnered with the Algorand Foundation, a leading blockchain network known for environmental friendliness, hyper-low fees, and user-friendly applications, to mint NFTs for each concertgoer, serving as the digital ticket to the show. MetaBoundless has also partnered with Apparel Group, the region's retail industry leader, as platinum sponsor, and leading eCommerce platform 6thstreeet.com as official merchandise partner for this Concert of the Future. Fans can expect future web3/ NFT fashion, pushing the uniqueness of this first Concert of the Future -- A Step into the Metaverse.

Ticket sales went live on September 15 at https://metaboundless.io for this historic release, the first step towards accessing the exciting world of Web3, Metaverse, NFTS and DAOs, tools to create a bridge between superstars, content creators and influencers. Concerts of the Future -- A Step into the Metaverse is the first time Arabic music legends and superstars will unite in a dynamic series of virtual worlds to deliver a one-of-a-kind experience to fans. The virtual concert will be released live to fans on October 20, 2022, with old hits from "Superstar" Ragheb Alama and "LM3ALLEM" Saad Lamjarred, with Michel Fadel composing new hits for these superstars.

Shamir Ozery, Head of Web3 at the Algorand Foundation, commented, "We're excited to be part of the Middle East's first-ever metaverse concert! The artist avatar NFTs will serve not only as a commemorative token of a user's participation in this first-of-its-kind experience but also to build a community among attendees and demonstrate utility, serving as each guest's ticket into the virtual experience. It is a great opportunity for music fans to experience firsthand some of the creative use cases for digital assets beyond cryptocurrencies."

Ragheb Alama, talking about this experience, "This is the first time my avatar will be revealed to the virtual world. Fans all over the world will see me in a new way and be able to access memorabilia from this event as NFT rewards for purchasing tickets. Everything in this concert is unique, this is the way to go for concerts in the future, and I am keen to keep up with the future and popular trends."

Saad Lamjarred describes his participation in the concert, "I witnessed similar global experiences for futuristic concerts, and I am sure that this concert will be something very unique for our beloved fans. I am excited for the fans to see me and my unique digital avatar in the virtual concert."

Music composer Michel Fadel said, "The changes in the market and the music industry always require us to keep up with new trends. I am excited to partner with MetaBoundless to deliver these trends to a larger audience and help use some of these innovative tools to give more power to the fans."

Dharmin Ved, CEO of merchandising partner 6thstreet.com, stated, "As 6thstreet.com, we are all about setting trends for the future generations. As a first experience with a celebrity-led Avatar & NFT concert, we want to create a similar experience for the fans and ticket holders when it comes to the merchandise by Creating fashion items that will also be inspired and linked to the web3 space and NFTs."

Adi K. Mishra, CEO and Founder of MetaBoundless, commented, "Our objective is to be able to connect celebrities with their fans using tools from the Web3 world. We are also looking forward to building our partnership with Apparel Group, the retail conglomerate in the GCC, and 6thStreet.com, the eCommerce leader, to deliver exciting merchandise options that link the real world and virtual world for a community-led experience. We believe the world of media and entertainment will transform over the next decade, and MetaBoundless aims to be at the forefront of this change."

About MetaBoundless
MetaBoundless is the new cultural economy designed to enhance entertainment, sports and media with the power of community. MetaBoundless is the Web3.0 bridge between creators and fans and connects creators and creator IP with fans to produce and scale creator content. MetaBoundless' goal is to enable creators and fans to collaborate and invest in each other. Follow MetaBoundless for the latest news, announcements, and updates:

Website: www.metaboundless.io/index.html
Twitter: https://twitter.com/metaboundless
Instagram: www.instagram.com/metaboundless/
Snapchat: www.snapchat.com/add/metaboundless
Youtube: www.youtube.com/channel/UC2hFf95w_AaJk6QShcZEu5A

About Algorand Foundation
The Algorand Foundation is dedicated to helping fulfil the global promise of the Algorand blockchain, taking responsibility for its sound monetary supply economics, decentralized governance, and healthy and prosperous open-source ecosystem. The Algorand blockchain, designed by MIT professor and Turing Award-winning cryptographer Silvio Micali, is capable of delivering on the promise of a borderless global economy, achieveing transaction throughput at the speed of traditional finance, with immediate finality and near zero transaction costs, and without a second of downtime since it went live in June 2019. Its carbon-neutral platform and unique pure proof-of-stake consensus mechanism solve the "blockchain trilemma" by achieving both security and scalability on a decentralized protocol. Learn more at https://algorand.foundation.

Media Details: For press enquiries, please contact pr@metaboundless.io.

Topic: Press release summary
Source: MetaBoundless / Algorand Foundation

Sectors: Blockchain Technology, NFTs, Metaverse, Games
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