Auri Inc and Hollywall Entertainment have teamed up to create a new digital currency backed by rare music rights. This partnership combines Auri’s cryptocurrency expertise in Europe, facilitated by a collaboration with the Moldovan government, and Hollywall’s subsidiary Melody Trust, which houses over 17,500 legendary music recordings from iconic artists like Ray Charles and Elvis Presley. The companies are finalizing a stock swap agreement expected to be signed soon. The venture aims to develop a global digital marketplace for music, sports memorabilia, and other merchandise, with plans for further joint initiatives to be announced in the coming weeks.
Auri Inc and Hollywall Entertainment Form Joint Venture for Digital Currency
Auri Inc (AURI) and Hollywall Entertainment (HWAL) have partnered to create a groundbreaking digital currency backed by rare music rights. This innovative venture utilizes AURI’s advanced cryptocurrency capabilities in Europe, thanks to its collaboration with the government of Moldova. Meanwhile, Hollywall’s subsidiary, Melody Trust, contributes a treasure trove of over 17,500 legendary music master recordings, featuring iconic artists like Ray Charles, Elvis Presley, and Frank Sinatra.
The two companies are in the final stages of a stock swap agreement, which is expected to be signed within the next week. This partnership aims to establish a global digital marketplace catering to music, sports memorabilia, and various merchandise, promising significant growth and new opportunities in the digital currency sphere.
Key Highlights:
– The joint venture combines AURI’s cryptocurrency expertise with HWAL’s extensive music catalog.
– Melody Trust holds a massive collection of rare recordings preserved for over three decades.
– More collaborative initiatives are on the horizon, set to be unveiled in the coming weeks.
With AURI’s ambition and Hollywall’s rich heritage, this partnership marks an exciting advancement in the intersection of technology and entertainment.
Key Takeaways:
– AURI and HWAL are creating a rare music-backed digital currency.
– The collaboration includes a vast music catalog, enhancing the venture.
– A definitive stock swap agreement is anticipated soon, leading to significant developments.
Stay tuned for more updates on this exciting collaboration.
What is Auri & Hollywall’s cryptocurrency backed by music rights?
Auri & Hollywall are launching a cryptocurrency that uses the music rights of Ray Charles and Elvis Presley as its backing. This means that the value of the cryptocurrency is linked to these famous musicians’ music rights.
How do I buy this cryptocurrency?
You can buy the cryptocurrency through selected online platforms and exchanges that will be listed on Auri & Hollywall’s official website. Make sure you create an account and follow the buying instructions.
Why invest in a music-backed cryptocurrency?
Investing in a music-backed cryptocurrency offers a unique way to own a piece of music history. It connects the value of the currency with timeless hits from legends like Ray Charles and Elvis, potentially providing a stable investment.
Is my investment safe with Auri & Hollywall?
While no investment is completely risk-free, Auri & Hollywall aims to secure investments by backing the cryptocurrency with recognized and valuable music rights. Always do your research before investing.
What is the purpose of this cryptocurrency?
The primary purpose of this cryptocurrency is to create a new way for fans and investors to engage with the music of artists like Ray Charles and Elvis Presley. It also supports the artists’ legacies and opens new avenues for financial growth in the music industry.