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Sony jumps into music NFTs in Partnership with Coop Records
In a groundbreaking move in the digital music space, Sony has unveiled its first music NFT collection, signaling a transformative shift in the way artists connect with audiences and monetize their work. Developed through a strategic alliance between Sony's blockchain venture Soneium and pioneering crypto label Coop Records, the initiative makes exclusive tracks from Tokyo-based electronic producer NUU$HI available to collectors through Sonova, Soneium's dedicated NFT marketplace. At an accessible price of $2.11 per NFT, it combines artistic creativity with cutting-edge blockchain technology, underscoring Sony's commitment to redefining the future of music distribution.
Bridging Fairness and Technology
Built on Ethereum's Layer 2 network, Soneium aims to tackle long-standing challenges in the music industry, particularly around fair revenue sharing and intellectual property rights. By automating royalty distribution through smart contracts, the platform ensures that artists receive immediate and transparent compensation, in stark contrast to traditional models plagued by delays and opacity. Since its launch on January 14, 2025, Soneium has rapidly gained momentum, reaching more than 248,000 user accounts and nearly two million total addresses. The NUU$HI collection alone saw 644 NFTs minted in its first hour, reflecting the strong demand for blockchain-powered music experiences.
Coop Records: A Community-Driven Vision
At the center of this collaboration is Coop Records, a decentralized record label pioneering community ownership in music. Coop, which has already moved more than 600 tracks to blockchain networks, exemplifies how decentralized frameworks can empower their creators. "Token-based ecosystems are unlocking unprecedented opportunities for artists to own their work and interact directly with their fans," said founder Cooper Turley, emphasizing that the focus of crypto is shifting from speculative trading to tangible utility. While Soneium's current projects do not yet include mainstream record labels such as Sony's Columbia or RCA, its early success hints at potential expansions.
Road Ahead for Music NFTs
As Soneium continues to grow, the integration of NFTs and blockchain solutions could democratize music ownership, offering fans a stake in exclusive content while enabling artists to retain control over their output. This model not only challenges traditional industry hierarchies, but also aligns with a broader cultural shift towards decentralized creativity. For Sony, the move positions the entertainment giant at the forefront of Web3 innovation, blending its heritage with forward-thinking technology.
With NFTs moving beyond static art to dynamic environments for music, games and immersive experiences, Sony and Coop Records are charting a path where technology empowers artistic freedom, a vision that resonates deeply in an age hungry for originality and equality.
#Sony #Soneium #CoopRecords #NFT #SonovaNFT
Bridging Fairness and Technology
Built on Ethereum's Layer 2 network, Soneium aims to tackle long-standing challenges in the music industry, particularly around fair revenue sharing and intellectual property rights. By automating royalty distribution through smart contracts, the platform ensures that artists receive immediate and transparent compensation, in stark contrast to traditional models plagued by delays and opacity. Since its launch on January 14, 2025, Soneium has rapidly gained momentum, reaching more than 248,000 user accounts and nearly two million total addresses. The NUU$HI collection alone saw 644 NFTs minted in its first hour, reflecting the strong demand for blockchain-powered music experiences.
Coop Records: A Community-Driven Vision
At the center of this collaboration is Coop Records, a decentralized record label pioneering community ownership in music. Coop, which has already moved more than 600 tracks to blockchain networks, exemplifies how decentralized frameworks can empower their creators. "Token-based ecosystems are unlocking unprecedented opportunities for artists to own their work and interact directly with their fans," said founder Cooper Turley, emphasizing that the focus of crypto is shifting from speculative trading to tangible utility. While Soneium's current projects do not yet include mainstream record labels such as Sony's Columbia or RCA, its early success hints at potential expansions.
Road Ahead for Music NFTs
As Soneium continues to grow, the integration of NFTs and blockchain solutions could democratize music ownership, offering fans a stake in exclusive content while enabling artists to retain control over their output. This model not only challenges traditional industry hierarchies, but also aligns with a broader cultural shift towards decentralized creativity. For Sony, the move positions the entertainment giant at the forefront of Web3 innovation, blending its heritage with forward-thinking technology.
With NFTs moving beyond static art to dynamic environments for music, games and immersive experiences, Sony and Coop Records are charting a path where technology empowers artistic freedom, a vision that resonates deeply in an age hungry for originality and equality.
#Sony #Soneium #CoopRecords #NFT #SonovaNFT
Sony’s Soneium launches first music NFT collection with NUU$HI and Coop Records
Sony’s #blockchain platform, #Soneium , has launched its first music NFT collection, featuring unreleased tracks by Tokyo-based producer #NUUSHI , in collaboration with #Web3 label #CoopRecords . Hosted on Sonova, the #NFT marketplace, the collection is priced at 0.000777 ETH ($2.11) and will be available until the end of the month. So far, about 124 NFTs have been minted from a total of 999,999. Soneium, an #Ethereum $ETH #Layer2 blockchain developed by Sony Block Solutions Labs, aims to distribute digital content, though its adoption remains limited.
Sony’s #blockchain platform, #Soneium , has launched its first music NFT collection, featuring unreleased tracks by Tokyo-based producer #NUUSHI , in collaboration with #Web3 label #CoopRecords . Hosted on Sonova, the #NFT marketplace, the collection is priced at 0.000777 ETH ($2.11) and will be available until the end of the month. So far, about 124 NFTs have been minted from a total of 999,999. Soneium, an #Ethereum $ETH #Layer2 blockchain developed by Sony Block Solutions Labs, aims to distribute digital content, though its adoption remains limited.
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