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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

sLABS first endeavor is the launch of LNQ; an modern, state of the artwork blockchain-enabled {hardware} platform. LNQ goals to make the metaverse extra accessible and supply creators with decentralized instruments to interact with their communities by way of LNQ’s proprietary, real-time processing stack.

The relationship between JAY-Z  and Sandu has been one in improvement, with sLABS beforehand 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, every of whom have collaborated with JAY-Z all through 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

This funding comes throughout a time of robust development inside the blockchain and cryptocurrency house.

"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 all the time poised to be an agent of change and innovation. Since the age of 13, Sandu has been collaborating with main world firms, comparable to  Apple, Google, Facebook, Adidas, Nike and lots of others.

In addition to being a technologist, Sandu’s entrepreneurial expertise are equally astute in his skill to join with multi-generational moguls and convey them collectively.

In 2019, Sandu was the recipient of the Thiel Fellowship; a two yr program based by Silicon Valley veteran Peter Thiel, certainly one of the  earliest traders in Facebook, PayPal, and SpaceX .  Sandu shortly after based halt LABS (an early sister entity to sLABS), a metropolis infrastructure and transportation company that has garnered the consideration and funding of impact-driven traders like NFL Professional Bobby Wagner,  Ron Burkel of Yucaipa Companies, NBA veteran Anthony Tolliver, Marcy Venture (*24*), and Scooter Braun of Raised in Space – a VC fund backed by Ripple (XRP).

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