MELOBLOCK is a web3 music platform for streaming and NFT marketplace. It’s developed by Melodes, a Japanese IT company. They will launch its beta-version soon.
The platform is developed to support independent artists. They will be able to easily create an NFT-managed community in addition to releasing music and selling NFTs. When it comes to revenues, they will earn 98% of initial NFT sales and receive up to 20% of the royalties on the secondary sales.
Listeners can enjoy listening to music for free and buy NFTs to support their favorite artists.
The platform is powered by Polygon blockchain.
(As of April 29, 2022)