As an increasing number of artists seek ways to monetize their work in the web3 world, Bolero looks to help musicians earn revenue but also to strengthen their connections with fans.
In order to accomplish this goal, the platform will not only offer music NFTs but also social tokens to platform users. This enables Bolero to craft an economy that not only benefits musicians but fans as well.
The music industry is another creator economy that has experienced a boom during the growth of NFTs. As owning music NFTs becomes a trend, Bolero knew they needed a trustworthy blockchain for smart contract deployment, hence they turned to Polygon.
Considering Polygon’s scalability, low transaction fees, and quick processing times, it was an obvious choice for building Bolero on. The Bolero team strongly believes that now that they’ve integrated Polygon they’re ready to welcome music fans all over the world.
Bolero is pioneering music and crypto in Europe.
Once its rich catalog of up-and-coming, emerging, established and global artists will have demonstrated the system combining social tokens and NFTs, Bolero will start its international expansion in 2022.
About Polygon Studios
Polygon Studios is the Gaming and NFT arm of Polygon focused on growing the global Blockchain Gaming and NFT Industry and bridging the gap between Web 2 and Web 3 gaming through investment, marketing and developer support. The Polygon Studios ecosystem comprises highly loved games and NFT projects like OpenSea, Upshot, Aavegotchi, Zed Run, Skyweaver by Horizon Games, Decentraland, Megacryptopolis, Neon District, Cometh, and Decentral Games. If you’re a game developer, builder or NFT creator looking to join the Polygon Studios ecosystem, get started here.