NEWM (NEWM)

NEWM (ticker: NEWM) is a coin that aims to revolutionize the music streaming marketplace for artists and fans. It offers a decentralized platform where artists can co-own songs alongside their fans, earning future streaming royalties. NEWM also enables artists to take control of their creative content and tap into their loyal fanbase by fractionalizing and distributing Mechanical IP Rights as NFTs. Additionally, fans can support their favorite musicians and benefit from the multibillion-dollar music industry while sharing their favorite artists’ success.

With NEWM, the future of music is redefined through decentralized music streaming, which generates higher and faster royalty payouts per stream for all music owners. The platform connects users to various artist catalogs and genres, allowing them to listen to HiFi audio in a user-friendly interface. NEWM also features a marketplace where music NFTs can be bought, sold, traded, and auctioned with secure and verifiable digital contracts. The NEWM wallet provides users with an easy-to-use interface for streamlined transactions and real-time value tracking of their NFT portfolio.

NEWM utilizes blockchain technology, particularly the Cardano blockchain, which offers competitive advantages such as smaller transaction fees, sustainability, higher security, and research-driven development. The coin aims to make music a collector’s item by leveraging the power of NFTs and introducing a community-owned and governed platform. Whether you are an artist looking for more control over your creative content or a fan seeking a new way to support and engage with your favorite musicians, NEWM offers innovative solutions that redefine the music industry.