- Entertainment fintech firm BAND Royalty has created an NFT art offering that starts at only 1 Ethereum per NFT art piece. Each NFT art piece gives anyone holding it access to the secretive world of buying and selling music royalties. Using a new type of art NFT that is also a music NFT DeFi opportunity, BAND Royalty has developed a utility for its art NFTs that allows fans to connect to their favorite music artists and share in their income, through music royalties.
- The top 3 one of a kind NFTs in the BAND Royalty limited edition music NFT series, entitled “Every time it’s played”, secured more than $200,000 in Ethereum equivalence in a private presale, with the remainder of the music NFT artwork available for an exclusive sale directly on their website. With 15 curated images distributed over 8 different rarity levels this unique NFT series is the first of its kind to have a built in defi-component developed right into its purpose.
- The NFTs can be staked for revenue shared into various DeFi royalty pools tied to select song catalogs that have songs performed by artists such as Beyonce, Cher, Justin Timberlake, and Rihanna.
- BAND has debuted a one-of-a-kind music industry, the only NFT marketplace to trade their NFTs and eventually to open it up as a whole to the music industry. This is just a small part of the company’s ongoing growth and development plans.
Music industry revenue machine disruptor BAND Royalty
is pairing DeFi innovation with digital Hi-Fi wizardry to democratize the way fans enjoy connecting with celebrities and the way performers own their brands.
BAND Royalty’s non-fungible tokens (“NFTs”) appeal to the collectibles market, delivering distinctive 3D artwork for each limited-edition series. The NFTs will also be able to be staked, in order to gain access to…
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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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