NFT Launch THE AGE OF NOW
This album represents a new way for fans to participate in music through fractional ownership offering the holder of the NFT the right to receive a percentage of all royalties from all future sales of the album.
What is radically unique about this launch is that 100% of the entire album’s rights will be sold as NFT’s with Only 5000 copies minted offering fractional ownership of .020% to each NFT holder in perpetuity for life and to pass on to their heirs or to resale as the potential value of the asset grows as a limited collectible that holds real-world utility in the form of ownership.
The list price will be 100$ for each NFT giving holders not only a digital and physical copy of the album but an actual stake in the artist’s work in the form of fractional ownership.
“It is essentially a way to connect and become one with our audience offering the fans an opportunity to not only have a sense of ownership in an artist but a true feeling of long term interest in the form of royalty ownership that ties the artist and fan together in a radical way allowing both to benefit from the concept.”
Modest RA goes on to say that “we envisioned this project as a way to bring the power back to the fan and the music community with the idea of “The Age Of Now” changing the paradigm in which the power goes back to the people who have succeeded in understanding that through coming together and pooling our resources as one that we have an unlimited ability. ” Imagine a world where the fans and people directly fund the artist, and through that relationship, the artists then funds the people with the profits of his works that go back to the fans as opposed to a record label.
The Age Of Now, a fitting title for the sophomore album release by Modest RA featuring Billboard artist and icon Riff Raff most well known for his wild colorful style and music licensed/featured in the recent Hollywood film Sonic The Hedgehog.
The album features other up and coming artists such as A.F.R.O or All Flows Reach Out who has performed live on The Jimmy Fallon show and has been featured recently on a singles with Tech Nine, Bizzy Bone of Bone Thugs N harmony and who was seemingly discovered by Raekwon of Wu Tang Clan and is now on a meteoric rise with his recent critical acclaim.
Owners of the NFT receive .020 fractional ownership in perpetuity of all royalties from future publishing and licensing revenue with wallet addresses being paid directly in Ethereum. Any releases of NFTs will net 10% back to the artist.