A new Web 3 streaming platform, Nomad Media Club, is slated to launch later this month and become the first holistic home for audio sharing and social networking, with full platform access secured by ownership of NFTs. The shared audio social hub is part of the 2023 vision of a nomad mediaverse with open borders and monetization opportunities for all creators exploring the possibilities of Web 3.
Upon launch in April 2022, whitelisted members will be able to purchase one of Nomad Media Club’s 5,000 unique and Metaverse-enabled Founders Pass NFTs as a Generation 1 launch of Nomad Mediaverse. This pass allows the owner to upload and stream original content, connect with artists and listeners, and passively accumulate crypto while using the platform.
Because the NFTs are metaverse-aware, owners can launch their 3D avatar model as an “ASSET” in the sandbox metaverse, with all items available as individual trait-level items, including the Nomad avatar itself, as well as the instrument and headphones, and the home planet of the nomad.
The Nomad Media Club was designed to disrupt subscription-based streaming models and combat issues with paying artists fairly. The crypto earned by artists and listeners can then be stacked or sold on third-party marketplaces without the contractual or financial ties of a typical music streaming platform.
The $NOMAD coin is the Nomad Media Club’s native incentive token, used to reward all members of the platform. the creators, the users and the founders of the platform (owners of “Gen 1” Nomad Media Club NFTs). Users also have the option to opt for Krypto Revue via industry standard stablecoins like Ethereum at a different rate than $NOMAD.
The native $NOMAD token can be used in a variety of ways on the platform, from purchasing “phygital” goods, metaverse or physical event tickets or recordings, to tipping creators and staking to earn even more $NOMAD earn.
At the launch of Nomad Media Club, its Co-founder, Amine OubrahimRemarks,
“Our long-term goal is to create a decentralized platform with learning tools for aspiring musicians to benefit from new alternatives to traditional music distribution, as well as a layer 2 utility that enables even the smallest artists to commercialize their work. The strong community we’ve built embodies our core values of curiosity, freedom, and connectivity, and through the people-centric elements of Web 3, we hope to enable success for a new generation of Metaverse artists who might otherwise not have found a home for their work, like the rapidly growing ‘Teflon Sega’ or ‘Hey Jeli’.”
To celebrate the launch of the world’s first NFT-powered audio sharing platform, an exclusive vinyl record featuring the first four tracks uploaded to the platform by Berlin-based Ethereal techno record label Steyoyoke will be launched into space in the spirit of nomad im Founder’s pass included.
In addition, a one-of-a-kind NFT of the vinyl will also be created and auctioned off for charity. Not only will the highest bidder gain access to this unique NFT and a Founders Pass NFT, but they will also own the physical disc once it is safely returned to Earth. All money raised will be donated to charities voted on by members of the Nomad Media Club community.
After launching into the decentralized streaming space, Nomad Media Club plans to continue disrupting conventions in the world of audio sharing and social networking, envisioning a platform used by digital nomads across the Metaverse for years in the future is inhabited.
https://techround.co.uk/news/worlds-first-nft-powered-audio-streaming-platform-set-to-launch/?utm_source=rss&utm_medium=rss&utm_campaign=worlds-first-nft-powered-audio-streaming-platform-set-to-launch Launch of the world’s first NFT-based audio streaming platform