crypto strategy

Music is an essential part of our lives – and it will now thrive in this NFT market

A multi-chain marketplace focused entirely on non-fungible music-related tokens is gearing up to launch in a few weeks.

centaurify says he’s committed to giving musicians the ability to get the most out of Web3, while bringing them closer to fans.

Ethereum and Solana will be supported initially, and more networks will be included in later releases.

Another crucial Centaurify product will focus on ticketing live music events as NFTs. Leaders strongly believe this has the potential to eliminate counterfeits, prevent “scalping” practices that drive up prices for everyone, and ensure artists and organizers receive revenue every time tickets are sold. sold in secondary markets.

With such cutting-edge startups, credibility – and the connections – in leadership are crucial to transforming the way a multi-billion dollar industry works. Centaurify ticks that box given that it was co-founded by Martin Danielle Bjercke – an award-winning DJ who has amassed a billion streams, been signed to some of the world’s biggest record labels, and appeared as a judge and mentor. on The Voice.

An NFT musical universe

Centaurify’s passion and belief in its business model is palpable – and it wants to give fans an irresistible chance to be “part of the next generation music scene”, joining an exclusive club where they stand side by side with the stars.

The project told Cointelegraph: “Music is an essential part of our lives. Music inspires. Music comforts. Music motivates. Music can even reduce anxiety, blood pressure and pain, as well as improve sleep quality, mood, mental alertness and memory.

“Unfortunately, today only a handful of musicians can make a reasonable living streaming their work due to poor feedback from music platforms, which prevents them from doing what we all love: creating new music.

“Centaurify is here to re-empower musicians and fans by connecting artists to Web3. Our NFT Marketplace is the first stepping stone to the music revolution.”

The startup was founded just under a year ago and has been working tirelessly ever since to bring its vision to life.

More information from centaurify here

Metaverse Moshpits

But there are many more where that came from. Centaurify recently partnered with augmented reality company PictoryTale – and together they’ll be hosting AR concerts for NFT holders to attend. The concerts can be viewed via smartphones and, according to the executives, you will have the impression that the concert is taking place in your own living room… live.

Music has often been touted as one of the most compelling use cases for the Metaverse, not least because it can provide an immersive experience and limitless capacity compared to old-school stadiums. Earlier this year, JPMorgan estimated that these virtual worlds could represent a $1 trillion opportunity.

Focusing on the present, Centaurify is preparing to launch its own NFT collection called Access All Areas – or AAA for short. This will provide a plethora of benefits to holders, including the elimination of minting, listing, and selling fees for crypto collectibles to be found on its platform. Additionally, they will also have early access to high-level drops – and gold tickets inviting them to exclusive physical and virtual events.

A total of 5,000 of these NFTs will be available – and they will be minted in four phases from September 29 to October 2.

CDs killed cassettes, video killed the radio star, and Spotify forever changed the way we all consume music. Today, Centaurify firmly believes it is uniquely positioned to take center stage and propel the industry to the next level.

Disclaimer. Cointelegraph does not endorse any content or product on this page. Although we aim to provide you with all important information we may obtain, readers should do their own research before taking any action related to the company and take full responsibility for their decisions, and this article cannot no longer be considered as investment advice.

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