BAND Royalty, an enterprising music technology company, is disrupting the music industry by introducing non-fungible tokens (“NFTs”), thus revolutionizing how fans enjoy connecting with celebrities and the way performers own their brands. In addition to delivering distinctive 3D artwork for each limited-edition series, “NFTs will also be able to be staked, in order to gain access to a library of music royalties held by BAND, meaning that the NFTs can be contractually secured to BAND’s platform for a period of time to prevent their value trading elsewhere,” reads a recent article. A limited access private pre-sale of part of BAND’s first series netted 60 ETH or more than $200,000 in Ethereum exchange at the time, while the pre-sale brought in an overall total of more than $700,000 in Ethereum equivalence. “The public sale of the NFTs initially took place on Open Sea, the world’s largest NFT marketplace, but BAND has since created its own first-ever music-only NFT marketplace, which it operates through its website as the company continues to develop its vision of democratizing music royalty revenues.”
To view the full article, visit https://ibn.fm/3fxoJ
About BAND Royalty
BAND Royalty lets music lovers and fans take their enjoyment of music to the next level by offering blockchain-secured BAND NFTs that enable holders to earn crypto from some of the world’s most popular songs. This unique opportunity allows individuals to share in income streams each time a song in the BAND music catalog is performed. The name BAND is derived from the initials of its co-founders, blockchain experts Barnaby Andersun (“BA”) + Noble Drakoln (“ND”). To learn more about the company, visit www.BANDRoyalty.com.
NOTE TO INVESTORS: The latest news and updates relating to BAND are available in the company’s newsroom at https://ibn.fm/BAND
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