New Blockchain-Based Platform, Independent, Lets Fans Invest In Their Favorite Artist’s Music – EDM.com

A new blockchain-based platform wants to empower independent artists—and the fans who support them.

Based on the Solana blockchain, Independent is a decentralized marketplace that caters to the interests of independent musicians by letting them share a piece of the pie with their fans. The goal is for artists to release music as NFTs and monetize their creations while empowering their fans.

Built on the Solana blockchain, Independent is powered by the creators of Monk Mafia, an NFT marketplace that made international headlines after receiving support from a number of high-profile backers in Asia. Those include Keiji of the chart-topping J-pop band EXILE and the award-winning Netflix documentarian Nirmal Purja.