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Posted On: 06/23/2021 4:26:35 PM
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NetworkNewsBreaks – Friendable Inc. (FDBL) Finding New Ways to Reward and Incentivize Artists
Friendable (OTC: FDBL), a mobile technology and marketing company, recently entered an agreement with Santo Blockchain Labs and Santo Mining Corp for the development of global entertainment and musical artist-driven NFTs and the “Fanpasscrypto” marketplace. Each created NFT is a unique opportunity for a new revenue stream for artists and the two companies. A recent article reads: “Even with the upcoming NFT offering, Fan Pass is still finding ways to reward and incentivize artists, while other streaming companies are facing complaints over their revenue structures. Platforms like Apple and Spotify are taking heat because of how artist royalty distribution is handled… Fan Pass has a payment structure for artists that allows them to take a cut of the monthly subscription costs, but also additional forms of revenue, including ticket sales for VIP events, monthly contests, merchandise, and NFTs in future… Fan Pass also offers premium services that help new and existing artists with merchandise, marketing and other foundational attributes of their craft.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Friendable (OTC: FDBL), a mobile technology and marketing company, recently entered an agreement with Santo Blockchain Labs and Santo Mining Corp for the development of global entertainment and musical artist-driven NFTs and the “Fanpasscrypto” marketplace. Each created NFT is a unique opportunity for a new revenue stream for artists and the two companies. A recent article reads: “Even with the upcoming NFT offering, Fan Pass is still finding ways to reward and incentivize artists, while other streaming companies are facing complaints over their revenue structures. Platforms like Apple and Spotify are taking heat because of how artist royalty distribution is handled… Fan Pass has a payment structure for artists that allows them to take a cut of the monthly subscription costs, but also additional forms of revenue, including ticket sales for VIP events, monthly contests, merchandise, and NFTs in future… Fan Pass also offers premium services that help new and existing artists with merchandise, marketing and other foundational attributes of their craft.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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