Rapper and tech investor Nas plans to sell the rights of two recent tracks through Royal, a crypto music startup he invested in late last year. Nas, who owns the masters to these songs, is selling tokens attached to the songs for holders to receive royalties down the line.
Just three months after a 16 million seed round Royal the music tokenization platform launched by crypto friendly DJ and entrepreneur Justin 3 LAU Blau closed a 55 million Series A raise led by Andreessen Horowitz a 16 z The Hash team discusses the implications for tokenized royalties and the wider role of blockchain in [...]
Crypto-savvy DJ Justin “3LAU” Blau has raised $16 million to launch a music investments platform that aims to give listeners a piece of the wealth generated by songs. The music tokenization platform, Royal, slices up song royalty rights into crypto tokens anyone can buy and trade.