KUALA LUMPUR, June 2 -- BAND Royalty has announced its placement in an editorial published by NetworkNewsWire, one of 50+ trusted brands within the InvestorBrandNetwork (IBN).
Currently, retail investors can only get exposure to the music industry by buying stock in a public music label, investing in funds that buy/sell music royalties, or via websites that auction royalty rights, often well into the six-figure dollar range.
In what many perceive as a ground-floor opportunity, BAND Royalty is changing the landscape and making it accessible for retail investors to participate by owning NFTs, according to a statement.
After a private sale of music NFTs that generated almost US$1 million, BAND launched its own NFT sales platform on its website, creating the first music NFT-only platform this month. (US$1 = RM4.125)
The company opened up access to the first series of 3,000 BAND NFTs on its platform, staggering the release based on rarity. Its plan to keep the NFT count tight, much like other popular NFT projects such as CryptoPunks and Hashmasks.
The long-term intention is to have a maximum of 12,000 BAND NFTs across four different series to be released over the next 18 months.
BAND Royalty lets music lovers and fans take their music enjoyment 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.
More details at https://BandRoyalty.com.
-- BERNAMA
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