BAND Royalty, an enterprising entertainment fintech company, is an industry pioneer to use NFTs based on music royalties and has created the first-ever music-only NFT marketplace. “Using a new type of art NFT that is also a music NFT DeFi opportunity, the company aims to revolutionize the way fans connect with celebrities and performers own their brands by enabling users to share in royalties whenever their favorite songs are performed,” notes a recent article. BAND has already released the first series of NFTs with a DeFi utility divided into eight different rarity levels. Each level represents a select quality and pricing based on the rarity and will have one or more specific royalty pools for staking. “Owning a BAND NFT does not allow access or ownership to the company’s top-tier music artist royalty pools. These are reserved for those who stake their BAND NFTs. Staking does not equal ownership; it only provides access to income from various royalty streams. There are four ways that BAND NFT stakers can earn: 1) 50% from all BAND Royalty music catalog revenue, 2) 50% of any auctions of single BAND music tracks sold, 3) 5% on BAND NFTs traded on the company’s platform, and 4) 5% from reselling music royalties on the BAND platform.”
To view the full article, visit https://ibn.fm/vgtMx
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://ibn.fm/BAND
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php