BAND Royalty, an enterprising music technology company, is launching a series of 3,000 NFTs that provide fans a unique NFT collectible, that will eventually be able to give owners access to share in the various music royalty revenues produced by some of the most popular songs, performed by some of most successful musicians around the globe.
- BAND Royalty’s new digital economy focusing on music is part of its preparations to launch an NFT/crypto ecosystem that unlocks as much of a musician’s music royalties as possible by having them team up with their fans. This includes BAND Royalty publishing as well as its upcoming music label, BAND Music Chain Records
- BAND’s NFTs are designed to grant access to the revenues of BAND’s in house Performance Rights music royalty pool, that includes songs performed by artists such as Beyonce, Jay-Z, Justin Timberlake, Cher and Rihanna. BAND will go on to share full access to a further two additional royalty rights pools, Publishing Rights and Synch Royalties, totally three royalty pools. Just like basketball fans have NBA Topshots, BAND NFTs are doing the same thing for music fans, creating a series of collectible NFTs that give them access to share in the royalties of their most beloved songs and artists.
- The NFT market is finding it’s place in the larger digital economy — tripling in valuation during 2020 and continuing on to record sales in 2021, over $500 million, including Christie’s highest ever recorded art auction for a living artist at $69 million, coming from Beeple’s digital art sale in March.
Ten years after Bitcoin creator Satoshi Nakamoto sent his final emails to fellow developers, the cryptocurrency’s roller coaster ride on the market continues to reach new heights (https://ccw.fm/tPWaO) even as a large swath of the…
NOTE TO INVESTORS: The latest news and updates relating to BAND Royalty are available in the company’s newsroom at https://ccw.fm/BAND
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