We are excited about the soft launch of LoopMagic by our portfolio company and Generative Music AI pioneer, Boomy. LoopMagic was designed by and for music creators. Music AI for productivity. And the results are nothing but mesmerizing.
Think about kids that have not been fortunate enough to have access to music education and instruments. Imagine, for example, a poor kid that has a lot to say lyrically and dreams of recording a hip-hop track - but has no musical training nor budget to lay down tracks in order to record a vocal track over. Such a creator can use Boomy.com to tinker with the AI tool and create a suitable track to their liking, which they can then record vocals for and release to the world through Boomy's distribution partners. Next, imagine one of those new songs tracking on industry top 100 charts. Next, imagine this creator being signed by a record company that will help develop their career. The introduction of LoopMagic makes this pivotal opportunity even more palpable.
A year ago we started seeking strategic help from producers that could assist Boomy's technical team. Specifically, we saw an opportunity in the ultra-popular hip-hop and trap music, we felt the tool needed to achieve "street cred" quality to fulfil its promise. Leveraging our network, we had an opportunity to make an introduction between Boomy's management team and legendary grammy-award-winning producer !llmind, who is a pioneer in the loops and samples space and has worked with everyone from Drake, Beyonce, and Kendrick Lamar to Broadway’s Hamilton and Disney’s Moana. As it turns out, !llmind and Boomy's mgt team were already fans of each other - so they clicked immediately and the collaboration ensued. In the past few months, Boomy trained this product's underlying model with licensed/permissioned data from !llmind, while building and preparing the new product line - LoopMagic.
!llmind became the first producer to use tLoopMagic to establish his own, bespoken AI-powered productivity tool. With LoopMagic, creators and producers can subscribe to !llmind's own production service in order to interact with his unique AI model. This !llmind model was trained on specific sounds and instrumentation, and on specific song structural models, provided by the illustrious producer. Subscribers are able to obtain amazing beats, sounds, stems, licks, and musical models - and have the global rights to incorporate such work in their own creative process. !llmind’s announcement reels:
https://www.instagram.com/reel/DAJKpaxOTFN/?igsh=MWYxbWJnOWg2amVxMA==
https://www.instagram.com/reel/DARi5-Dy1Hq/?igsh=MWIyNm4yZnZlMjQ4dA==
https://www.instagram.com/reel/DAcLLcrSoku/?igsh=N2VtbXE0dmt6bTl0
We expect this to be the first of many such collaborations between creators and AI that result in additional productivity and creativity.
We congratulate both the !llmind and Boomy teams on this achievement, and look forward with enthusiasm to listening to what creators produce with LoopMagic.
