BAND Royalty Pre-Sales $700,000 In BAND NFTs, Innovative Music Royalty NFTs
May 19, 2021
- Music NFT company BAND Royalty has developed a series of limited edition beautifully curated NFTs in the same vein as HashMasks and CryptoPunks, both of which have had NFTs sell in the millions
- The goal was to give these BAND NFTs a special opportunity to have utility by connecting them to performance royalties of today’s platinum artists such as Beyonce, Jay-Z, Justin Timberlake, Rihanna, Cher, Demi Lovato and so many more
- The first series contains 3,000 NFTs at value ranges between the rare diamond levels (worth 15 to 25 ETH) all pre-sold for $200,000 within 72 hours, to the most widely available vinyl levels (worth 1 ETH)
- A private-buyer presale of the first series sold the three rarest of the NFTs as well as additional other-level NFTs for an Ethereum equivalent of over $700,000 on May 5
- The remainder of the first series’ NFT’s becomes available for public sale directly the Bandroyalty.com website as of May 15
- BAND Royalty buys into seasoned music royalty catalogs and plans on giving BAND NFT holders the opportunity to share in the income generated by these same catalogs once they go through the BAND Royalty staking mechanism
Music entertainment technology company BAND Royalty made a bit of history when it closed its first private presale of a select group of non-fungible tokens (“NFTs”) that not only provide their holders with collectible digital art but also give those holders an opportunity to share in the song royalties that BAND Royalty owns that are tied to prominent artists’ performances.
The BAND NFTs provide digital (blockchain), non-copyright ownership of art-and- the performance royalty selections that feature well-known and popular artists such as…
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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