Hypery and Concordium Set to Bring the Music Industry into the Web3 Era

Zug, Switzerland - Mar 3, 2022 - Hypery, a European NFT start-up in the music industry and Concordium, a public, proof-of-stake blockchain with a built-in identification layer to meet the regulatory requirements, announce today a cooperation set to revolutionize the future of distribution in the music industry by offering artists the opportunity to offer their music as NFT (non-fungible tokens).The music industry has been traditionally one sided in terms of distribution. In return for promoting, distributing and advertising music, the labels could enjoy major returns on investment, while