MelodAI (Former Muverse)
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
MelodAI (formerly Muverse Labs) was a Web3 music entertainment company founded in 2022 in Singapore, with teams in Los Angeles, Seoul, Vietnam, Indonesia and the Philippines. It began as Muverse, a community-driven Web3 interactive music platform built around a music-NFT exchange and streaming platform - a 'super-app' for artists, investors and fans to trade music NFTs. It raised $6 million from investors including Syndicate Capital, Zonff Partners, AvatarDAO and Knights Templar. In December 2024 it announced a strategic partnership with Ella Media AG and rebranded from Muverse to MelodAI, pivoting to a Web3 AIGC and multi-modal AI agent platform. Crunchbase now lists the company as closed; no dated shutdown announcement was found.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Muverse Labs was founded in Singapore in 2022 as a Web3 interactive music platform around music NFTs.
- Funded
The company raised $6 million from investors including Syndicate Capital, Zonff Partners, AvatarDAO and Knights Templar, and launched music NFTs with artists such as Lee Hongki and Lamar Casey.
- Rebranded
In December 2024 Muverse announced a strategic partnership with Ella Media AG and rebranded as MelodAI, pivoting from Web3 entertainment to AIGC and multi-modal AI agents.
- Status
Crunchbase lists MelodAI as closed; no dated shutdown announcement was found.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.