Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

JAY-Z’s Venture Capital Firm, Marcy Venture Partners (MVP) invests in 24 Year-old Founder Iddris Sandu on an innovative tech incubator shaping the metaverse

Published

on

 

Marcy Venture Partners (MVP) invests in 24 year-old technologist Iddris Sandu’s impact-driven tech incubator: spatial LABS (sLABS). The multi-tiered partnership between MVP and sLABS will explore the unlimited possibilities at the intersection of tech, culture and humanity.

sLABS first endeavor is the launch of LNQ; an innovative, state of the art blockchain-enabled hardware platform. LNQ aims to make the metaverse more accessible and provide creators with decentralized tools to engage with their communities through LNQ’s proprietary, real-time processing stack.

The relationship between JAY-Z  and Sandu has been one in development, with sLABS previously collaborating on Augmented Reality partnerships with Beyoncé’s Ivy ParkNipsey Hussle’s The Marathon Clothing Store, Rihanna’s Fenty line and Kanye West’s Yeezy, each of whom have collaborated with JAY-Z throughout their multi-hyphenate careers.

“Iddris has a conscious world view and a youth centric vision that is innovative and refreshing to witness. We share similar parallels in how we imagine impacting people in our lifetime. Partnering with him on this journey and others is very exciting.” – JAY-Z

Advertisement

This investment comes during a time of strong growth within the blockchain and cryptocurrency space.

“JAY-Z has always been at the forefront of cultural evolution and identifying the next leaders. Aligning with Marcy Venture Partners assists with our vision for elevating the youth as it relates to access and a means to true technological empowerment. The lasting impact of this relationship is not simply defined by the work we’re doing now, but by the immeasurable impact for generations of creators to come.”
– Iddris Sandu

Ghana-native, Sandu was raised in Southern California and was always poised to be an agent of change and innovation. Since the age of 13, Sandu has been collaborating with leading global companies, such as  Apple, Google, Facebook, Adidas, Nike and many others.

In addition to being a technologist, Sandu’s entrepreneurial skills are equally astute in his ability to connect with multi-generational moguls and bring them together.

In 2019, Sandu was the recipient of the Thiel Fellowship; a two year program founded by Silicon Valley veteran Peter Thiel, one of the  earliest investors in Facebook, PayPal, and SpaceX .  Sandu shortly after founded halt LABS (an early sister entity to sLABS), a city infrastructure and transportation corporation that has garnered the attention and funding of impact-driven investors like NFL Professional Bobby Wagner,  Ron Burkel of Yucaipa Companies, NBA veteran Anthony Tolliver, Marcy Venture Partners, and Scooter Braun of Raised in Space – a VC fund backed by Ripple (XRP).

Advertisement

Blockchain

Bybit Launches Recovery Bounty Program with Rewards up to 10% of Stolen Funds

Published

on

bybit-launches-recovery-bounty-program-with-rewards-up-to-10%-of-stolen-funds

Bybit Launches Recovery Bounty Program with Rewards up to 10% of Stolen Funds

Continue Reading

Blockchain

Blaqclouds, Inc. Appoints Nicholas Stover as Chief Marketing Officer

Published

on

blaqclouds,-inc.-appoints-nicholas-stover-as-chief-marketing-officer
Continue Reading

Blockchain

Blaqclouds, Inc. Announces the Launch of BitNotify.io: The Ultimate Crypto Alert and Notification Platform

Published

on

blaqclouds,-inc-announces-the-launch-of-bitnotify.io:-the-ultimate-crypto-alert-and-notification-platform
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE