Building the future: on-chain innovation and NFT royalties

$CHORD Protocol
2 min readFeb 18, 2022

--

chordprotocol.io

Why is it easy to partner with CHORD?
For the first time ever, CHORD will allow fans to invest in their favorite artists and make money out of it. NFTs and their royalties are here to stay, this will change the music industry forever. Although a few artists have already released their NFT collections, CHORD will take it to a whole new level and improve the game.

Why and how is CHORD unique?
With CHORD, artists are given the possibility of creating NFT collections to engage with their fanbase by sharing their royalties with them and grow together. Fans will also have the possibility of exchanging their NFTs in the all-new CHORD marketplace or for example on OpenSea.

What are royalties and how do they work?
If a person owns an NFT from an artist, they will periodically receive part of the streaming revenue of the album or song of that artist. Via smart contracts and blockchain technology, this is foolproof. Fans will be a part of this revolution in the music industry and will be able to help small and big artists fund themselves without the need for greedy record label companies.

What is our CEO Adrian Lorca working on?
At the moment I am 100% committed on getting artists on board and doing our first big campaign. One of my top priorities is joining forces with music professionals and advisors from the Latin music industry. We know that once the first artist is in, everything that comes next will be smoother and easier. We are also having meetings with investors, presenting the project and trying to get them on board to take CHORD to the next level.”

We love hearing from our community! Follow us on all platforms, so you don’t miss a thing (TIP: activate notifications for anything posted by CHORD ).

Website: https://chordprotocol.io

Telegram: https://t.me/chordprotocol

Twitter: https://twitter.com/ChordProtocol

Instagram: https://www.instagram.com/chordprotocol/

Reddit: https://www.reddit.com/r/chordprotocol/

--

--

$CHORD Protocol
$CHORD Protocol

Written by $CHORD Protocol

Invest, Share and enjoy the succes of your favorite artists!

No responses yet