NEWM
About NEWM:
NEWM
Project Description:
THE music streaming marketplace for artists and fans! The way money flows in the music industry today is broken. Streaming platforms and big labels take the biggest cut, while the people actually making the music, artists, are left with pennies. At the same time, fans have lost the ability to really connect with and support the artists they love in meaningful ways, like owning physical albums or feeling like part of the journey.
projectNEWM is here to change that.
NEWM is building a platform that uses blockchain to level the playing field, cutting out the middlemen and giving control back to artists and their communities. No more gatekeepers, no more profit-hungry third parties. Just code, transparency, and a model built to support creativity and ownership. Their goal is to create a space where artists can publish, promote, and distribute their music directly to their fans. Where supporters can collect and invest in music they believe in. And where the value of music is shared more fairly between the people who make it and the people who love it.
It’s time for a new model, one that puts music where it belongs: in the hands of the people.
Power to the Artist
Own your creative content, take control of your funds and tap into your loyal listeners through music royalty-sharing!
Power to the Fan
Listening that counts! Support the musicians you love, participate in a multibillion-dollar industry and share in your favorite artists’ success.
Power to the Community
Music creators and consumers can directly connect in a decentralized market, enabling a community-owned and governed platform.
Artists,
Your music matters; it’s brought us here today. We know platforms like Spotify and Apple Music are taking the lion’s share of revenue from sales and streaming, and we don’t think that’s fair.
As a musician, intellectual property is extremely valuable and you shouldn’t have to sign away your ownership rights just to make a living.
Head to our Artists page to see how NEWM benefits you, and subscribe for our creator updates below.
Music Streaming Redefined
Decentralized music streaming generates higher and faster royalty payouts per stream for all music owners. Most importantly, we’re replacing the middlemen with code that’s not incentivized to act in favor of third parties that take a huge cut of streaming revenue.
Streaming
Connect to an amazing variety of artist catalogs and genres. Listen to HiFi audio in a user-friendly interface packed with unique ways to interact with artists directly, like co-owning music or tipping.
Marketplace
Music meets Decentralized Finance (DeFi) in the NEWMarketplace. As a result, you can buy, sell, trade and auction music NFTs with secure and verifiable digital contracts. Our in-app exchange provides a seamless experience.
Wallet
Everything you need in an easy-to-use interface. Make streamlined transactions with a click of a button using an in-app wallet, and keep tabs on every NFT in your portfolio with real-time value tracking.
NEWM Technology Stack
The explosion of NFTs and blockchain technology has created a whole new asset class, giving us the power to make music a collectors’ item. In addition, the Cardano blockchain gives us a competitive advantage with smaller transaction fees, sustainability, higher security, and research-driven development. To give you more insight into the technology NEWM is using, our white paper is linked in the footer.
