“Given their success in founding FanDuel, the team at VAULT understands the power of engaged communities and the importance of consumer-friendly design,” said Placeholder VC partner Chris Burniske in the press release. “Their vision to create an open, protocol-agnostic format has the potential to transform digital music and media ownership, and playability across physical and virtual worlds. We are excited to support the team’s efforts to bring VAULT technology to fan ecosystems within the broader music and media industries.”

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