- Company is the first music industry disruptor to leverage non-fungible tokens that allow music fans to share in 50% of the income brought in by various music royalties
- NFT Series 1 pre-sale exceeded $1 million, with three NFTs selling for $200,000; to be followed by three other NFT series in the future
- BAND Royalty launches first ever Music-Only NFT Marketplace on its own website
- Plans in motion to expand music performance royalty catalogue with other top-tier artists and tracks, resulting in larger income streams
Entertainment tech company BAND Royalty is leveraging the unprecedented growth and popularity of non-fungible tokens to revolutionize the music industry and how fans interact with their favorite artists and music. The company set out to create a unique NFT music ecosystem that allows music lovers take their enjoyment to the next level by sharing in the royalties of their favorite songs each time they are performed.
To this end, BAND Royalty has already taken the first steps by rolling out a series of 3,000 music art NFTs and launching a beta version of its own NFT marketplace – the first ever Music-Only NFT Marketplace – on its website, www.BandRoyalty.com. The company’s NFT Series 1 had a successful pre-sale of more than…
NOTE TO INVESTORS: The latest news and updates relating to BAND Royalty are available in the company’s newsroom at https://ccw.fm/BAND
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