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Nexo

European NFT platform nabs $1.5 million to transform the music industry

Bitcoinist by Bitcoinist
2 months ago
in Press releases
4

Digital Renaissance, a soon-to-launch European marketplace where users can buy royalties to their favorite music, has raised $1.5M through presale of its own token.

In less than four months, a new remote European-based NFT startup, Digital Renaissance, has grown from 5 to 27 employees, launched their own token, raised $1.5M solely through presale of their token, and are now getting ready to launch their beta marketplace.

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Digital Renaissance is on a mission to create a world in which underground artists, musicians, and brands can utilise blockchain technology to create new revenue streams and to build stronger connections with their fans. They do so by enabling musicians to sell part of their royalties as NFTs (non-fungible tokens).

“Today, musicians are highly dependent on income from their shows while streams on services like Youtube and Spotify contribute very little to up-and-coming artists’ paycheck. Our mission is to create a new way for artists to make a living of their work and passion,” Brett Voorzaat, CEO of Digital Renaissance explains.

Artists can sell all or parts of the rights to their music as NFTs. Every time their NFT is resold, she/he will receive a percentage of the resale price in royalties.

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Launches in Q2 2022

Digital Renaissance will begin launching their products in Q2 2022. The launches will include their NFT Marketplace, an NFT boutique, a launchpad for 3rd-party tokens and unique events.

Artists, fans, supporters and investors will be able to take part in exclusive events, gain access to music releases, purchase merchandise and of course buy and sell NFTs.

“Digital Renaissance will build a foundation and new creative economy for creators: artists & creatives, brands, fans, supporters and investors. By launching our platform, we will pave the way for NFT and crypto adoption in the culture & entertainment industry,” Brett Voorzaat says.

$VINCI token presale on Thursday 17 March

Become an exclusive part of Digital Renaissance on Thursday at 12:00 CET when a presale of the $VINCI token launches. As a token holder, you invest in Digital Renaissance as well as gaining access to exclusive NFT-experiences, events, first pool in NFT airdrops and discounts.Make your reservation for the presale here.

Technical details on the token are available on Polyscan. For more information on the presale read our Tokenomics.

The round size is $300,000. Starting price is $0.030 per token with min/max allocation of $200-$5,000.

About Digital Renaissance

Digital Renaissance is an NFT platform for music and art. Artists can sell all or parts of the rights to their music as NFTs. Every time their NFT is resold, she/he will receive a percentage of the resale price in royalties. Buyers will own a unique part of their favorite musicians and even become eligible for receiving royalty payments. The goal is to use blockchain technology to create new and fruitful revenue streams for underground artists and help them to build stronger connections with their fans.

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Press contact

Daniel M. Jensen
[email protected]

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