The space will enable record labels and artists to create and sell unique digital assets, giving them a chance to reach new audiences while also giving music fans an opportunity to deepen their connection to their favourite artists and labels.
Vendors can also choose to provide access to bonus features such as unreleased tracks, discounted tickets, and early access to global events and interactive experiences along with the purchase of a digital collectable.
Ed Hill, Senior Vice President of Beatport Media Group elaborated: “The electronic music community has always been at the forefront of cultural shifts and their early embrace of Web3 and all the promise it offers is no different…
To usher in a new era for the electronic music space, we felt it was important to join forces with a trusted, long-time leader in the blockchain space. Polkadot’s open and interoperable ecosystem enables us to seamlessly tap into Web3 and celebrate electronic music by connecting fans with their favourite artists in unique and powerful new ways.”
As of now, Beatport and Polkadot are yet to announce a release date for Beatport.io, but you can join the waitlist to be one of the first to access the platform when it is released.
In addition to launching the platform, the two companies will also collaborate on 10 major events over the next 18 months. Each event will celebrate the launch of a new NFT collection accessible via Polkadot-integrated wallets. The events will be produced by Beatport and will take place alongside major music and Web3 events.
Join the waitlist now on Beatport.io’s website.
Want to learn more about Beatport? Read Attack’s article on how Beatport and Microsoft are aiming to reshape music with Originals2.
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