Globant & PIXELYNX Announce Partnership to Launch the Leading Music Metaverse Platform

Rhea-AI Summary

Globant (NYSE: GLOB) has partnered with PIXELYNX, a music metaverse gaming platform, to leverage emerging technologies for transforming artist-fan interactions. This strategic alliance aims to develop a music, NFTs, and entertainment ecosystem in the metaverse. PIXELYNX, co-founded by musicians like Joel Zimmerman (deadmau5), envisions a platform allowing artists to monetize their creative environments through NFTs and interactive experiences. The collaboration positions Globant to enhance its capabilities in the gaming and music sectors.

Positive

• Partnership with PIXELYNX enhances Globant's position in the burgeoning music metaverse sector.
• Collaboration aims to create a new interactive ecosystem for artists and fans, potentially increasing revenue streams.

Negative

• None.

SAN FRANCISCO, Dec. 16, 2021 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced today it has established a partnership with PIXELYNX, a leading music metaverse gaming platform driving the transformation of artists and fan connection and engagement. The partnership strategy combines Globant's expertise in emerging technologies with PIXELYNX's world-class team of music pioneers and seasoned game developers to advance the evolution of music, NFTs and entertainment in the metaverse.

PIXELYNX was founded by musicians and technologists Joel Zimmerman (aka deadmau5) and Richie Hawtin, along with music and gaming industry veterans Ben Turner (Graphite; IMS: International Music Summit; AFEM: Association for Electronic Music), Dean Wilson (Seven20 Entertainment / mau5trap), and CEO Inder Phull, a prominent entertainment and blockchain industry leader. PIXELYNX is developing a new virtual world ecosystem that will allow artists to launch their own interactive environments and monetize them through NFTs, social music experiences and virtual performances. Their first mobile game is powered by Niantic and their Lightship platform, the widely successful AR technology behind Pokemon Go. Via their upcoming mobile AR game, fans will be able to explore the real world, attending concerts and visiting physical locations to collect NFTs that can be used in-game to unlock rewards and new interactive experiences from leading and emerging talent, according to the company.

"In order to effectively develop and rapidly scale our PIXELYNX platform, we confidently chose Globant to be our development partner to augment the knowledge and resources of our core internal teams," said Mr. Phull, CEO and Co-founder, PIXELYNX. "Globant provides deep expertise in a variety of the key technologies related to our unique vision for the music metaverse. We have a singular vision to create the leading ecosystem for music, fashion, entertainment and Top Artists. With more than 20,000 employees and a presence in over 18 countries, we are confident Globant will help us rapidly bring our vision to its fullest potential. Globant adds tremendous value to our mission."

"At Globant, we are passionate about working closely with innovative companies like PIXELYNX to successfully transform their industries using cutting-edge technologies," said Nicolas Avila, Chief Technology Officer for North America, Globant. "PIXELYNX is at the forefront of some of the most ambitious sectors -- from the metaverse to gaming -- and we are excited to use our Studios' technical expertise to help them transform how music, entertainment and fashion are experienced across audiences."

For more information on Globant, please visit www.globant.com.

For more information on PIXELYNX and its music metaverse platform, please visit www.pixelynx.io.

About Globant
We are a digitally native company that helps organizations reinvent themselves and unleash their potential. We are the place where innovation, design and engineering meet scale.

• We have more than 21,800 employees and we are present in 18 countries working for companies like Google, Rockwell Automation, Electronic Arts and Santander, among others.
• We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report.
• We were also featured as a business case study at Harvard, MIT, and Stanford. 
• We are a member of The Green Software Foundation (GSF) and the Cybersecurity Tech Accord.

Contact: pr@globant.com 

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For more information, visit www.globant.com.

About PIXELYNX
PIXELYNX is a new gaming venture by iconic musicians and technologists Joel Zimmerman aka deadmau5, Richie Hawtin aka Plastikman, and music industry visionaries Ben Turner (Graphite; IMS: International Music Summit; AFEM: Association for Electronic Music), Dean Wilson (Seven20 Entertainment / mau5trap), and Inder Phull. The company, based in London and Los Angeles, is focused on building a music metaverse that will transform the way artists connect and engage with their fans through gaming experiences. Learn more at https://www.pixelynx.io.

Contact: Jill@spinlab.net or jv@spinlab.net

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SOURCE Globant

FAQ

What is the significance of the Globant and PIXELYNX partnership?

The partnership combines Globant's technology expertise with PIXELYNX's music metaverse vision, aiming to transform artist-fan engagement.

How does the partnership between Globant and PIXELYNX impact GLOB stock?

While specific financial impacts are not detailed, the collaboration may lead to increased revenue opportunities in the music and gaming sectors for Globant.

Who are the key figures behind PIXELYNX?

PIXELYNX was co-founded by musicians Joel Zimmerman (deadmau5) and Richie Hawtin, along with industry veterans like Inder Phull.

What technologies will Globant employ in the PIXELYNX partnership?

Globant will use its expertise in emerging technologies to develop innovative solutions for the PIXELYNX platform, focusing on gaming and music experiences.

When was the Globant and PIXELYNX partnership announced?

The partnership was announced on December 16, 2021.