HitPiece officially launches music artist NFT platform and announces first-of-its-kind partnership with Audible Magic to ensure authentic experiences
Music NFT Marketplace is growing in popularity, deals with a number of leading artists including ATL Jacob, Lil Gotit, Lil Gnar, Matt Ox
PROVO, Utah, 10 August 2022 /PRNewswire/ — HitPiece, the easiest place to create and buy authentic music artist NFTs, has officially launched its platform out of beta. In addition, the company – to protect creators and other rights holders and demonstrate its commitment to authenticity – has announced a first-of-its-kind partnership with Audible magicleader in the identification of music rights enabling music use by social media platforms, NFT marketplaces, metaverses and gaming applications.
The new integration with Audible Magic marks the first of its kind music NFT and Web 3.0 partnership that includes automated identification services to determine ownership and related rights. Audible Magic’s RightsRx™ the service compares uploaded audio to its authoritative content registry of more than 25 million media assets from creators, music companies and publishers. HitPiece will use Audible Magic’s identification technology to verify ownership of new music prior to minting an NFT; thus ensuring that only legitimate content is distributed. Audible Magic identifies content so creators can focus on maximizing Web 3.0’s new revenue and engagement opportunities instead of losing revenue to fraudulent sellers.
“We are excited to join the rapidly growing innovative NFT, Metaverse and Web 3.0 marketplace with HitPiece to continue our commitment to protecting creator rights,” said Vance Ikezoye, president and CEO of Audible Magic. “Through our extensive music registry, music creators and related rights holders on and off HitPiece can be assured that the content they own is protected; or monetize when permission is granted.”
“After many positive conversations with artists, we are excited to launch the official HitPiece platform to give creators a new way to engage with fans and build metaverse communities,” said Rory Felton, CEO and co-founder of HitPiece and music industry veteran. “As someone who has seen every corner of the industry, too often creators are not in control of how and when they can release content. NFTs for music artists will continue to expand and we are grateful for partners like Audible Magic which helps us ensure we have the railing to provide an easy and secure one-stop shop for those in the music community joining the expanding world of Web3.”
Felton co-founded The Militia Group in 2000, a record company that Sony invested in and later bought the major assets of. In 2021, he co-founded HitPiece to create a NFT marketplace that allowed music creators to easily create digital assets and build the future of Web3 communities. Built for crypto-newbies, music artists/owners, and music fans, the platform makes NFTs easy to collect and display, while providing a channel for artists to enjoy exclusive engagement opportunities with their fanbases. Once registered and verified, artists are given access to their own portal and page where they can upload creative content and control the minting, release and utility of their NFTs. Fans can purchase NFTs from their favorite music creators to access exclusive experiences and content, including music, as well as showcase their fandom in their own ultimate metaverse music room.
Since the end of the beta phase, HitPiece has collaborated and finalized deals with dozens of creators, including ATL Jacob, who recently topped Billboard’s Hot 100 Producers and Songwriters Charts. In addition to giving artists their own site, the HitPiece team also guides creators and their teams through the creative ideation process, collaborating with them on launch timelines, marketing strategies, and community development initiatives in channels like Discord.
“In music, Web3 has significant potential to be a catalyst for increasing artistic integrity, control and engagement for any musician, regardless of range,” said ATL Jacob. “I’m grateful to partner with organizations like HitPiece that understand the business firsthand and put hard-working creators first, and I hope the rest of the industry continues to follow suit.”
Creators can register with HitPiece now to start minting and selling their NFT collections. Fans can connect to the marketplace with their private metamask wallet for their favorite artists’ digital content and exclusive experiences on www.hitpiece.com. Additional wallet integrations will be announced in the future.
About HitPiece
HitPiece is a Web3 software that enables licensees to sell and mint NFTs. Created by a team of music and blockchain experts, HitPiece is a conduit between the communities of NFT collectors and artists. All NFTs for sale on HitPiece are authentic and official straight from their creators, unlocking a new way for artists to engage with their fanbases and create a layer of community ownership. For more information or to start using your cryptocurrency wallet to purchase exclusive experiences, access, content and more, visit https://www.hitpiece.com.
About Audible Magic
For more than 20 years, Audible Magic has developed solutions to identify content, deliver fulfillment solutions, manage rights and monetize media. Audible Magic’s Emmy-winning Automatic Content Recognition (ACR) technology powers billions of monthly transactions. The Silicon Valley pioneer is the trusted intermediary between major platforms and rights holders (including labels, studios, distributors, publishers and collectives). For more information, visit https://www.audiblemagic.com/.
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SOURCE HitPiece
