BAND Royalty, an enterprising music technology company, has applied its experience in music industry investments to the digital art collectibles arena in order to create a new type of best-of-both-worlds product. The company’s entry into non-fungible tokens (“NFTs”) came after co-founder Noble Drakoln realized that there was an opportunity to merge both NFT art, which was gaining popularity, with a potential DeFi project that allowed people to share in music royalty. “Because, why not? Most art and most NFTs have nothing behind them,” a recent article quotes Drakoln as saying. BAND unveiled its first series of 3,000 NFTs for sale in May, with the series including royalties from music catalog selections featuring artists such as Justin Timberlake, Jay-Z, Beyonce, and Timbaland. “The company plans to have a maximum of 12,000 BAND NFTs divided among four different series, with the remaining three series to be released over the next 18 months. ‘We’re one of the most unique NFTs in the marketplace. No one’s ever seen this. We’re attached to world-class platinum performers,’ Drakoln said.”
To view the full article, visit https://ibn.fm/cWnoK
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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