Pianity is a music NFT platform built on Arweave that lets musicians and communities create, sell, buy and collect limited-edition songs certified by blockchain. The platform offers free listening and a profit-sharing program that redistributes 50% of its earnings in tokens to active users weekly; Pianity charges a 20% fee on sales. Since launching in 2021 it has sold 11,000 NFTs, has over 20,000 users, and artists have collectively earned more than $1.9M from NFT sales. Pianity emphasizes making music scarce and monetizable outside traditional streaming economics. The company plans to use new funding to partner with major music companies and festivals, scale artist onboarding, and expand its music catalog and genres. It will expand headcount with country managers and artist relations managers and open offices in the U.S. and Latin America. The roadmap also includes building a mobile app and adding streaming features such as NFT playlists and a library.

Total raised

$7M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2022