electronic music brands beat portis affiliated with polka dot We are launching a new music NFT marketplace, Beatport io. Through this platform, artists, producers and labels will be able to sell his NFTs to fans, including exclusive content such as unreleased music, discounted tickets and other perks. The launch of Beatport·io represents an important development for Beatport. Because it will be the first permanent home in the Web3 space.
beat port and @polka dot Teaming up to create a new home for electronic music in the Web3 space. 🌏 💻
— Beatport (@beatport) March 13, 2023
To mark the launch, Beatport and Polkadot are working on 10 events over the next 18 months. Each event will feature a new collection of NFTs dropping on Beatport io alongside existing music events and his Web3 event. This leaves fans with a constant stream of exclusive music-related NFTs of his for the coming months.
Additionally, Beatport io was co-created with Define Creative and will launch on Aventus, a Web3 parachain within the Polkadot ecosystem. This partnership is another significant step for Beatport in the Web3 space, allowing record labels and artists to create and sell their own digital assets to drive greater engagement with their fans.
Beatport in the NFT music industry
With Polkadot’s backing, Beatport is poised to make a significant impact on the NFT market and become a strategic move to expand its presence in the music industry, where NFT adoption is growing significantly.
Björn Wagner, CEO of Parity Technologies, a major contributor to the Polkadot network, said: “Many people in the music industry are trying to figure out how Web3 can better support them. This initiative with Beatport and Aventus is a perfect example of what Web3 can do to improve artists’ craft We are thrilled to see Polkadot’s technology applied in this way, connecting artists and fans more directly and reigniting the collectible value of music fandom that has been largely lost in the age of digital media.”
The launch of Beatport io is in line with the trend of companies exploring the possibilities of web3 and blockchain technology, with the music industry experimenting with NFTs and leading artists such as Grimes, Deadmau5 and Kings of Leon. has already sold NFTs to fans. The Beatport and Polkadot collaboration is another step towards mainstream adoption of his NFTs in the music industry.
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NFT and Web3 Ambassador. Bullish on all things blockchain.