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Subtrack Launches A New NFT Platform For Underground Music Lovers And Artists On Tezos

Today, Subtrack, a community platform built for securely collecting music in rare collector packages, announced they are dropping their first non-fungible token (NFT) with Groovence records.

Founded 6 years ago between Paris and Toulouse, the French music label company searches for emerging musical talents and has already made 5 releases among 15 artists with more than 30 events.

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Subtrack Launches New Music NFT Platform

Today, Subtrack, a community platform built for securely collecting music in rare collector packages, announced it is dropping their first non-fungible token (NFT) with Groovence records.

Founded 6 years ago between Paris and Toulouse, the French music label company searches for emerging musical talents and has already made 5 releases among 15 artists with more than 30 events.

The first digital track available on the platform is an exclusive collaboration from Groovence records artists composed of the electronic duo Moonee and Tour Maubourg and will go live today on subtrack.fr.

With “Deep in My Mind” these two young talents pay tribute to French sampled house music with a stunning track that carries you back to the early 20’s like a time machine.

The collectible NFT includes the track, a ticket for their next show, and a signed vinyl. There are five NFT copies available to purchase by auction through subtrack.fr. The entirety of the winning bid will go to the artists.

Co-founded by two french electronic music lovers, Louis-Maxime Dhellemmes and Tom Bonin, Subtrack aims to solve the problem of remuneration for underground artists by helping them offer unique and engaging experiences with their fans

“After months of exchanges with artists, labels and electro fans, we created the Subtrack project– a new way to engage fans by allowing artists and labels to take back control of their creative value,” – Louis-Maxime Dhellemmes, DJ and co-founder of Subtrack.

Subtrack allows electronic artists and labels to create and distribute limited collector’s editions of their tracks, providing them with new, sustainable revenue streams.

With Subtrack, artists can quickly and easily press a digital record as NFT on the platform, deciding directly on the value of their art in a secure way.

By building on the Tezos blockchain, Subtrack can guarantee the originality and authenticity of the packs collected on the platform, lock their content safely until a collector buys it, and ensure instantly, automatically and permanently the transactions & artist royalties.

When a collector owns an NFT, they unlock exclusive bonuses related to the track and can dive deep into his artist’s musical world.

“We are excited to see the launch of this new NFT platform dedicated to the electronic music community. Through NFT, Subtrack is creating a new way to connect music lovers and underground artists while using sustainable technology,” – Thibaut Chessé, Adoption Manager France at Nomadic Labs, the largest research and development centre within the Tezos ecosystem in France. 

Learn more about exclusive collectibles that will be added regularly on Subtrack by visiting https://www.subtrack.fr/.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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