Beatport, a leading electronic music platform, is partnering with Polkadot, a next-generation blockchain network, to launch Beatport.io. The result will be a Beatport.io, a digital collectible marketplace aiming to bring electronic music culture to Web3. Let’s take a look at this collaboration!
Beatport.io Will Offer Unique Fan Experiences
Beatport.io will launch on Aventus. To clarify, Aventus is a Web3 solutions provider for enterprises in the Polkadot ecosystem. Therefore, this move will allow record labels and artists to create and sell unique digital assets. What does this mean? Well, fans will soon have the opportunity to explore the value of digital collectibles and deepen their connection with their favourite DJs and artists. The NFTs will provide early access to bonus features such as unreleased tracks, discounted tickets, and access to global events and interactive experiences.
Speaking on this new venture, Ed Hill, SVP of Beatport’s Media Group, said: “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 favorite artists in unique and powerful new ways.”
In addition to launching Beatport.io, Beatport and Polkadot will also collaborate on 10 major events over the next 18 months. Each event will celebrate the launch of a new NFT collection. These collections will be accessible via Polkadot-integrated wallets. Additionally, Beatport will produce the events, which will take place alongside major music and Web3 events.
More About Beatport and Polkadot
Beatport has been at the center of DJ culture for almost two decades. In fact, Beatport has catalogs comprising more than 16 million tracks and existing relationships with over 91,000 record labels. Polkadot provides the technical advances necessary to make blockchain technology practical, accessible, scalable, interoperable, and future-proof. By removing limitations and barriers to entry, Polkadot fuels innovation, bringing the Web3 vision to life.