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InvestorNewsBreaks – BAND Royalty Creates First-Ever DeFi Opportunity Based on Music Royalties
July 7, 2021

InvestorNewsBreaks – BAND Royalty Creates First-Ever DeFi Opportunity Based on Music Royalties

BAND Royalty, an enterprising music technology company, is disrupting the music industry. “BAND Royalty is the first to use NFTs to create the first-ever DeFi opportunity based on music royalties, providing a new way for fans to connect to their favorite music artists and share in their income through royalties,” reads a recent article. “While there are no guarantees on returns, BAND allows holders to stake their NFT in one of three BAND Royalty Music Pools (‘BRMPs’). These BRMPs receive 50% of all royalty streaming income from each track for each category. A percentage of what is left is used to grow the BAND royalty catalog. The three BRMPs available for staking include 1) publishing, 2) mechanical/public performance and 3) synchronization. Staking does not equal ownership of the royalties but rather access to income from the available various royalty streams.”

To view the full article, visit https://ibn.fm/PBejN

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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