Beatport Taps Polkadot to Launch Web3 Electronic Music Platform
Beatport Taps Polkadot to Launch Web3 Electronic Music PlatformMarch 13, 2023
Beatport is joining forces with Polkadot, the next-generation blockchain network powering the movement for a better web, to launch Beatport.io, a digital collectible marketplace bringing the next generation of electronic music to Web3. Developed and designed in partnership with Define Creative, Beatport.io will launch on Aventus, a Web3 solutions provider for enterprises and parachain in the Polkadot ecosystem.
Marking Beatport’s first permanent home in the Web3 space, this project will allow artists, producers, and record labels to enjoy the benefits of Web3, while also giving music fans an opportunity to deepen their connection to their favorite artists and DJs.
These digital collectibles will also, in some cases, become a fan engagement tool for artists and labels by providing early access to bonus features such as unreleased tracks, discounted tickets, and access to VIP areas at global events.
On a technical level, the NFTs will be distributed via Aventus, a blockchain built on Polkadot that helps established enterprises deliver Web3 use cases from their wide suite of modular and composable products.
In addition to launching Beatport.io, Beatport and Polkadot will also collaborate on ten major events over the next 18 months. Each event will celebrate the launch of a new collection accessible via Polkadot-integrated wallets. The events will be produced by Beatport and will take place alongside major music and Web3 events.