FanTiger – India’s First Music NFT Platform, Crosses 50k Transactions, in Top Five NFT Projects Globally

NEW DELHI–(BUSINESS WIRE)–FanTiger, India’s first music NFT platform, achieved a novel feat by registering file gross sales of over 50,000 NFT transactions within the final 30 days, making it to the Top 5 NFT initiatives on the earth when in comparison with the Top NFT initiatives listed and ranked on OpenSea, the biggest NFT market globally.

FanTiger completed this milestone, driving the crest of latest launch of latest music NFTs throughout totally different genres over the previous one quarter. FanTiger empowers Unbiased Artists to construct their fan neighborhood on the platform and the followers help the artists to launch new music by shopping for their music NFTs. The energetic participation of artists and followers throughout social platforms and communities is aiding in constructing fascinating insights, additional enabling creation of music as desired by followers. NFT gated music concert events have supplemented the acceptance of music NFTs and expanded the fan base.

FanTiger’s achievement is a mirrored image of the rise within the recognition of Music NFTs in India. This additionally underscores the deepening bonding between artists, followers and buyers, particularly at a time when digital collectibles are rising in recognition amongst early adopters in a music-loving nation.

Prashan Agarwal, Chief Government Officer and Co-Founder, FanTiger, mentioned, “It is encouraging to look at how FanTiger is leading the change to empower Independent Artists and build the music NFT ecosystem in India. We have been working at the bottom of the pyramid and laying a strong foundation to ensure that a stable, transparent and value driven platform is built. It is deemed and designed to address all stakeholders — artists, fans, investors, etc. We are happy to see that we are amongst the top five NFT projects globally and soon we shall surpass all expectations of our customers and investors.”

Music NFTs allow followers and buyers to buy partial possession of songs, share royalty earnings, entry an unique neighborhood and restricted version signed merchandise, together with a chance to personally work together with artists & extra.

FanTiger’s imaginative and prescient is to onboard 10 million followers into the neighborhood and educate and generate consciousness round digital collectibles. Additional, it goals at supercharging the careers of over 100,000 artists utilizing NFTs.

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