Rihanna, famous pop and R&B singer, is soon to launch her limited Non-Fungible Token (NFT) collection of her global hit song “B*tch Better Have My Money” (BBHMM). Rihanna’s platinum-certified songs will be streamed on the popular NFT platform Anotherblock, which will also share royalty revenue.
The music production company Deputy, also BBHMM’s co-producer, shall release this song as an NFT, which will, in return, provide a cut of their streaming royalties. On February 9, these limited-edition Rihanna NFTs shall be released. There is a total of 300 NFTs in the collection.
Roughly calculated, each of these NFTs is priced at $210, or 0.145 ETH. With this new drop, the NFT holders are entitled to receive access to 0.0033% of its streaming royalties for this song. This will give fans a much better experience by allowing them to own a piece of the song while streaming it. Deputy stated:
As a fan, you get a certain attachment to an artist or a song. When you get an opportunity to own a part of a song, it’s a game changer. It creates a whole different realm of being connected, outside of streaming or concerts.
Rihanna Fans Get To Connect Better With Her Fans
Deputy has decided to drop Rihanna’s hit single BBHMM as a digital collectible three days before the singer’s Super Bowl Halftime Show. This song was among the top 10 singles in eight countries when released in 2015. It is also one of the world’s most dubbed songs, as Pitchfork reported.
BBHMM is a track that has more than a billion streams across most platforms. It is also deemed a classic track that is still highly played and, for some critics, “ahead of its time,” as it is still popular amongst listeners all across the globe.
Deputy, a music production company, created this song inspired explicitly by synthesizing several trap music sounds from the past.
In 2015, on its year-end list of the top 50 songs, Rolling Stone ranked BBHMM at number 45. Rihanna, Bibi Bourelly, Deputy, Kanye West, Travis Scott, and WondaGurl, who were the other producers, wrote the song. As mentioned, Rihanna is about to perform in the NFL’s Superbowl halftime show on February 12 at State Farm Stadium in Glendale, Arizona.
What Is ‘AnotherBlock’
Anotherblock is a digital music company that aims to build futuristic trends in the music industry by providing music rights catalogs. Michel D. Traore, Sebastian Ljungberg, and Filip Stromsten are the founders of Anotherblock.
The company also aims to overcome hurdles involving getting music rights and publishing the music. Anotherblock works by overthrowing hurdles by establishing better synchronization between music rights and NFTs.
It is a platform that enables a smooth, simple, and easy way to buy and sell music rights, making it easier to link music rights with NFTs.
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Author: anushsamal
