Amonica Brands Buys Major Stake in Music Metaverse Pixelynx

• Amonica Brands buys a large stake in Pixelynx.
• Aims in integrating music and Web3 technology.
• Music industry to reach $131 billion revenue. 

There’s absolutely no doubt that entertainment always is a highly booming industry paving money all along the way if done correctly. Either it be sports, movies, music, all entertainments entertain money a lot.  

However, out of all forms of entertainment, most of them are seasonal. For example, currently the season of FIFA fever is around the world. This would indeed eventually fade out in a period. 

On the contrary, one particular form of entertainment always keeps alive throughout till the end of time, and that’s music. The music industry is one of the most highly anticipated, and forever growing industry. Considering all this, Amonica Brands, the American based blockchain and gaming firm has bought a large stake upon the Pixelynx. 

Behind the Buying of Pixelynx

The Pixelynx is indeed a metaverse platform, which specializes in music followed by gaming too. The Pixelynx platform has also grown a lot in recent times. Accordingly, Pixelynx has spread out to more than 5 countries around the world.

Pixelynx works upon its metaverse which incorporates primarily music, gaming together with Web3 attributes, thereby creating a merge with both the real and virtual world. Moreover, the Pixelynx provides a fair attention to the creators of the music who could themselves control, monitor, and involve directly with their fans for their works. 

In addition to Amonica Brands buying out a large stake upon Pixelynx, Amonica Brands acknowledges that this association will further effortlessly pave the way for the shared common notion of both Amonica Brands, and Pixelynx. 

However, the exact amount of the Pixelynx’s stake being bought by Amonica Brands is yet not known. As the music industry is estimated to reach a revenue of about $131 billion by 2030, Amonica Brands new strategy ought to be the most profitable attribute for it towards the future.