The Web3 music project MetaBeat recently announced a partnership with Burrito Wallet (Bithumb Wallet) and Liquid Chang, signing a Memorandum of Understanding for $2 million in funding. This new capital will mainly support MetaBeat's business expansion, especially its Fan-to-Earn model based on NFTs and SocialFi functionalities. Burrito Wallet will provide MetaBeat with secure management services for NFTs and other digital assets, helping to build a more complete and secure digital ecosystem. The Fan-to-Earn model aims to incentivize fans to participate in music creation and dissemination, promoting innovation and growth in the music industry. This collaboration marks another significant milestone for MetaBeat in the Web3 music sector, signaling its solid step towards utilizing blockchain technology to drive transformative changes in the music industry.