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://nnw.fm/NR1qC
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://nnw.fm/BAND
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork
