Jay-Z Heading To The Metaverse With Investment In sLabs

LONDON, UNITED KINGDOM - JULY 13: Jay Z performs as he headlines the main stage on day 2 of the Yahoo! Wireless Festival at Queen Elizabeth Olympic Park on July 13, 2013 in London, England. (Photo by Samir Hussein/WireImage)

This fall, the artist behind the success of Tidal, Roc Nation, and Ace of Spades is throwing not just his weight but also his capital behind a young person who dreams of making it big in tech The young man’s name is Iddris Sandu, and he is a 24-year-old Ghana-America with his sights on being a major change agent and innovator. Jay-Z’s Marcy Venture Partners (MVP) is poised to invest in Sandu’s tech incubator in what is being called a multi-tiered partnership that is aimed to exhaust the intersection between tech, culture, and humanity.

JAY-Z and spatial LABS Founder, Iddris Sandu

Over the last 11 years, Sandu has collaborated with leading tech companies like Apple, Google, Facebook, and sports brands like Adidas and Nike to hone his love for entrepreneurship.

Two years ago, in 2019, he became 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 founded halt LABS, an early sister entity to his company spatial Labs (sLABS). Spatial LABS (sLABS), a Venture Capital studio, will debut with LNQ, “a new blockchain-enabled platform changing the way artists mobilize and create new physical and digital media formats.

LNQ intends to make the metaverse more accessible and give creators decentralized tools to engage with their communities through LNQ.