FanTiger, India’s first music NFT platform, has made a tremendous impact in the last 30 days. With more than 50,000 transactions, it has established itself as a pioneer in the music NFT space. It has become the first platform to unlock such a monumental milestone and has set a landmark for the industry. This marks a monumental shift in the way music lovers worldwide can access, purchase and trade music-related NFTs.
This accomplishment has propelled FanTiger amongst the top echelon of the world’s most esteemed NFT projects, ranking the platform in the top five projects on OpenSea.
Over the past three months, FanTiger has actively released a number of new music NFTs, which has contributed to its success and recognition as a top NFT project. Additionally, the use of NFTs for ticketing and access to gated music events has helped to increase the popularity and acceptance of their NFTs among fans.
The platform lets independent artists connect with and engage their fan base while enabling fans to support their favorite artists by purchasing their music NFTs.
The contribution of artists and fans through various social media outlets and engaged communities gives rise to unique perspectives, allowing for producing music tailored to fans’ likings.
As India’s digital landscape keeps evolving, the relationship between artists, fans, and collectors in the country is becoming increasingly digitized, leading to the growing popularity of music NFTs.
It is delightful to watch how FanTiger is driving the shift to empower independent artists and develop the music NFT ecosystem in India, stated Prashan Agarwal, Chief Executive Officer and Co-Founder of FanTiger. “The team is dedicated to the mission of establishing a dependable, clear, and value-driven platform, which considers and satisfies the needs of all involved parties., he concluded.
Fans and investors can buy partial ownership of songs through music NFTs, share royalties received, access a private community, buy limited-edition signed souvenirs, and engage in direct communication with artists. Additionally, these NFTs allow fans to interact with artists in a way that was previously not possible. FanTiger has committed to onboarding 10 million fans and educating them about the benefits of digital collectibles. The company is also launching initiatives designed to help over 100,000 artists achieve success through NFTs, empowering them to take their careers to new heights.