December 27, 2021 - 2 min read
Machete Collective — the technological-driven Web3 organization generating new applications for the music industry — has chosen SupraOracles as their on-chain/off-chain data intermediary. Machete Collective seeks to create new use cases to facilitate further digital participation in the music industry by building innovative products using blockchain technology.
Machete Collective has selected SupraOracles to assist in creating a newly digitized standard for the music industry that relies on NFTs. New NFT based applications developed by Machete Collective will make use of SupraOracles’ rich data retribution functions. Thus, Machete will obtain access to total artist downloads, billboard data, music streaming, and artist analytics. This will repurpose and shape how trends are established through a transparent and factual information flow.
Data provided by SupraOracles will help Machete develop the future of the NFT music industry, supporting industry feeds to build accurate and improved billboards off the basis of NFT music releases. As such, SupraOracles will become a central component that amplifies how music is consumed — allowing participants to gain access to gamified NFT music projects.
Drew L. Belardo, CEO of Machete, commented:
“We’re reaching into a dream not built yet. We can’t sleep on that, so we build it.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“We are incredibly thrilled to be able to participate in a new music reform. Transparency is a key to providing trust, especially in an industry so monopolized by entities with large capital and influence. We strongly believe Machete Collective can use SupraOracles to tap into the affordances of NFTs to restructure how opinions of quality are formed.”
SupraOracles strives to bridge the gap between traditional capital markets and the Web3 ecosystem. Our vision and driving mission is to empower the developer community with a novel oracle toolset so that they may conveniently create, deploy, and manage data applications with superior performance, robustness, and agility.
Our project is supported by seasoned professionals with experience in the architecture of consensus mechanisms, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, doctoral academia, big 4 consulting, blockchain/DLT, and DeFi.
Together with our developer community and growing list of partners, SupraOracles aims to solve the oracle dilemma and ultimately power the future of finance.
Machete Collective is a new platform set up to launch regenerative music NFT projects to restructure existing premises about quality. The platform uses blockchain technology to build new applications that enhance the music industry as a whole.
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