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UnUsUaL enters joint venture targeting NFT market

Atiqah Mokhtar
Atiqah Mokhtar11/26/2021 02:37 PM GMT+08  • 2 min read
UnUsUaL enters joint venture targeting NFT market
“We believe NFTs will be a gamechanger in the live events space," says UnUsUal CEO Leslie Ong.
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Concert promoter and event producer UnUsUaL has announced that its wholly-owned subsidiary UnUsUaL Development has entered into a strategic partnership to expand into the non-fungible token (NFT) market.

UnUsUaL will jointly incorporate a new entity, FunBase with event organiser Season Culture and a third party angel investor.

UnUsUaL will hold 30% of the equity interest in FunBase with the option to increase their stake to 51% over the next three years.

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