Marcy Venture Partners, Jay-investment Z’s business, has invested in 24-year-old technologist Iddris Sandu’s incubator spatial LABS. MVP and sLABS will collaborate to explore the interface of technology, culture, and humanity. Sandu will initially unveil LNQ, a blockchain-enabled hardwire platform that, according to a press release, “aims to make the metaverse more accessible and give creators with decentralized tools to engage with their communities through LNQ’s patented, real-time processing stack.”
Beyoncé’s Ivy Park, Nipsey Hussle’s The Marathon Clothing Store, Rihanna’s Fenty label, and Kanye West’s Yeezy have all worked with sLABS in the past. In a statement, Jay-Z said, “Iddris has a mindful world view and a youth-focused vision that is new and refreshing to behold.” “We have similar ideas about how we want to affect people throughout our lives. It’s a thrill to be on this and other journeys with him.”
Sandu, who was born in Ghana and reared in Southern California, has worked with some of the world’s most well-known brands since the age of 13, including Apple, Google, Facebook, Adidas, and Nike.