The Blockchain Group, the French leader in blockchain technologies, announces that Bolero Music, the leading platform in music fan tokens, has chosen it to develop its secondary market. For Bolero Music, the secondary market should allow fans to sell and trade Fan Tokens of artists purchased on the primary market, in a simple and instantaneous way.
Thanks to The Blockchain Group’s Metadev3 offer, Bolero Music will be the first web 3.0 platform specializing in music to offer a decentralized marketplace, combining accessibility for end users and security for artists. Thanks to the secondary market, the “fandom” economy will take shape and will ensure a set of precise rules: royalties for artists, commissions for liquidity providers, introduction of governance.
More than 35 artists have already chosen Bolero Music to create and distribute their digital musical assets, including several renowned artists: Rilès as shareholder and advisor, rappers Leto and Guy2Bezbar, beatmaker Heezy Lee and major figures in the electronic scene like Sama’ Abdulhadi.