BAND Royalty, an entertainment and technology-driven firm and a leading innovator of music-focused NFTs, has announced that it will be launching a unique collection of blockchain-secured BAND NFTs. Next month, the company anticipates releasing an exclusive collection of NFTs that connect fans with a catalog of music featuring musical artists Beyoncé, Jay-Z, Rihanna, Justin Timberlake and more. By obtaining a BAND NFT, fans receive a stake in 50% of the royalties earned from the BAND Royalty offerings every time someone listens to a track. The company announced that it is releasing the collection of NFTs on OpenSea.io, the largest NFT marketplace in the world. With sales reaching more than $86 million in February alone, OpenSea provides a wide array of digital goods including collectibles, gaming items, domain names, digital art and, now music. The inaugural issuance of BAND NFTs will be available on May 5 and will be limited to only 3,000 NFTs initially, with a cap of 12,000 in subsequent offerings. Once buyers become holders of BAND NFTs, they will have the option to stake their BAND NFT tokens for a period of up to five years; the longer the stake, the more proportionally increased share of the royalties will be received. With this launch, BAND Royalty opens up music royalties to music lovers everywhere, providing an opportunity to earn royalties on top songs and blockbuster artists.
To view the full press release, visit https://nnw.fm/rwbrM
About BAND Royalty
BAND Royalty is a platform founded by Barnaby Andersun and Noble Drakoln and operated by LIBERTY IS PTE LTD. The platform offers music fans the opportunity to earn a share of music streaming royalty by top artists worldwide in the BAND Royalty pool. BAND Royalty is revolutionizing the music world by using technology to help music fans connect in a brand-new way with musicians, allowing music lovers to earn revenue from their passion. 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
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork
