Dare To Change

YDC Best Potential Startup and Innovation Award - Recoroad

Recoroad aims to be an industry leading NFT Music collaboration platform. Our vision is to revalue music with the aid of smart contract and blockchain technology to monetize musicians’ commitments. Recoroad will launch copyrighted Music NFT with a fair royalties splitting mechanism to musicians. With Recoroad, indie musicians can generate ideas, collaborate, produce and distribute the masterpiece-to-be in the NFT community and Metaverse. Eventually they no longer need to depend on record labels. Musicians will retain creativity autonomy and share economic benefits with their fans while fans can overtake the record labels’ role in financing music production by purchasing the NFTs of their favorite musicians.

Recoroad aims to stimulate the Web 2 to Web 3 transformation in the music industry and bridging the musician by rebuilding their daily life in Web 3. We will create a music creative space in the metaverse which values musician’s effort.

For more information, please contact dare.to.change@ydc.org.hk

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