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EMPIRE companions with Web3 music funding platform Nebula – Music Enterprise Worldwide


Impartial label, distributor, and music writer EMPIRE has struck a partnership with Web3 platform Nebula.

Nebula was based by Alessandro De Luca and Fuad Hawit, and claims to be “a first-of-its-kind platform that lets followers personal rights to royalty payouts for any tune obtainable in its market”.

With the platform, followers are capable of put money into the music obtainable on the Nebula platform and earn royalty payouts.

The royalties are distributed as tokens, which symbolize a sure share of the tune. Additionally they get a portion of each transaction, so every time a “token” is resold on the secondary marker, they get a fee from the sale, in accordance with Nebula’s website.

Nebula says that it really works with chosen A&R managers and people as a part of its associate program and royalties earnings can come from all streaming companies.

The platform has already featured over a dozen artists together with Tupac, Snoop Dogg, and Cruz Rock.

Via the alliance with EMPIRE, the label will function artist and entrepreneur Cash Man by releasing his entire EP by means of Nebula later this 12 months.

EMPIRE’s enterprise into the Web3 house comes as the corporate doubles down on its method to the digital music period throughout its label, distribution and publishing models.

In late 2021, the label paid a $1 million advance to Cash Man fully in Bitcoin through Money App. The fee marked the primary advance paid fully in Bitcoin to an artist, by a report label, on the time, in accordance with EMPIRE.


EMPIRE is targeted on early-stage artist improvement, serving to launch the careers of multi-platinum, Grammy Award profitable Anderson.Paak, Yung Bleu, Fireboy DML Younger Dolph and extra, by getting into into bespoke offers.

The label says its offers “are all the time in favor of the artist.”

“As a substitute of passively consuming music, a fan can now foster a deeper reference to their favourite artist by proudly owning a fraction of their tune, with royalties secured on blockchain.”

Fuad Hawit, Nebula

“With out neighborhood, an artist is nothing. That’s why we constructed Nebula. As a substitute of passively consuming music, a fan can now foster a deeper reference to their favourite artist by proudly owning a fraction of their tune, with royalties secured on blockchain,” mentioned Nebula Co-Founder Fuad Hawit.

“It’s a complete new music economic system, and it’s the pure subsequent step in digital music.”

“With Nebula, we’re altering the way in which a whole era interacts with music and artists by means of transparency and innovation.”

Ghazi Shami, EMPIRE

EMPIRE Founder and CEO Ghazi Shami, says the partnership with Nebula will pave the way in which for brand spanking new developments in leisure and Web3.

“With Nebula, we’re altering the way in which a whole era interacts with music and artists by means of transparency and innovation,” mentioned Ghazi.

Music Enterprise Worldwide



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