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://ibn.fm/ZoHJe
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://ibn.fm/BAND
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