Grimes To Release 'Children's Metaverse Book' On This Blockchain

Canadian singer Grimes will launch an “intergalactic children’s metaverse book” on the Avalanche (CRYPTO: AVAX) blockchain. 

What Happened: In a virtual announcement at the Avalanche Summit in Barcelona last Friday, Grimes revealed that the project will be part of the $100 million initiative from OP3N and the Avalanche Foundation.

“When I first got into Web 3, this was the kind of project I was hoping to see. I’m very excited to be partnering with [OP3N] to launch a series of educational art for babies and small children with the goal of creating a profound experience for babies that is also deeply meaningful to adults,” said Grimes.

See Also: Avalanche (AVAX) Rallies 60% In Seven Days, Raises $230M To Jumpstart DeFi Ecosystem

The singer is also a mother to two children she had with Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, who backs the cryptocurrency Dogecoin (CRYPTO: DOGE).

Last year, Grimes launched a series of NFTs that sold out in under 20 minutes after raking in $5.8 million.

“I hadn’t dropped any NFTs since the first drop because of the environmental concerns. But I feel totally comfortable launching on Avalanche,” said Grimes at the Summit.

Price Action: At press time, AVAX was trading at $90.12, up 3.92% in the last 24 hours as per data from Benzinga Pro.

The crypto market saw a 4.07% increase in the last day, with Bitcoin (CRYPTO: BTC) trading at $46,800 and Ethereum (CRYPTO: ETH) trading at $3,300.

Read Next: Elon Musk Admits He Is 'Lonely' After His Split With Grimes; Says He's Not Afraid To Die

Photo by Philip Nguyen on Wikimedia