- BAND Royalty is the first to create a Music Only NFT Marketplace and the first to offer NFTs and DeFi opportunities based on music royalties
- Each NFT rarity offers a different level of staking in the Band Royalty Pools, ranging from one pool to all three, plus tokens
- NFTs must be staked a minimum of 90 days and a maximum of five years – early termination results in forfeiture of earnings
With non-fungible tokens (“NFTs”) taking various industries and markets by storm, entertainment fintech firm BAND Royalty is staking its claim as a music industry disruptor by being the first company to use NFTs based on music royalties and the creator of 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.
BAND has already released a first series of NFTs consisting of 3,000 distinct art pieces, using 15 curated images celebrating the music industry’s diversity of people and genres with a DeFi utility divided into eight different rarity levels, from Vinyl NFTs to…
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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