BAND Royalty, an enterprising music technology company, intends to use non-fungible token (“NFT”) products and DeFi principles that increase transparency and engagement between artists and their fans. This comes amid efforts by artists to keep revenues flowing as well as remain on their fans’ radars despite the restrictions brought by the pandemic. The company has “history in the music monetization sector recently with its NFT product that pairs premier works of digital art with DeFi access to revenue streams from music performed by select artists including Beyonce, Justin Timberlake, Rihanna, Will.i.am, and Jay-Z,” reads a recent article. “NFTs are comparable to collectibles that fans can buy, trade, or simply store and admire, whose potential monetary value may increase over time according to their rarity and persistent appeal. BAND’s model revolutionizes the DeFi sector by making the NFTs stakeable in royalty pools that effectively allow NFT holders to receive a percentage of the revenue from various artists’ works.”
To view the full article, visit https://ibn.fm/RwT2f
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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