Celebrity Track 'Company' by Justin Bieber Goes Royalty-Sharing NFT

Teen sensation Justin Bieber's hit song "Company" is taking an innovative turn as it becomes a royalty-sharing NFT. Fans now have the chance to earn a 1% share of the song's streaming revenue thanks to a collaboration between the music-focused Web3 platform anotherblock and the song's co-producer, Andreas Schuller, known as 'Axident.'

Since its release in March 2016, "Company" has gained popularity, amassing 500 million international streams. Now, fans can access the song through 2,000 limited NFTs priced at $28 each, offering a similar opportunity to artists like Rihanna, The Weeknd, Martin Garrix, Alan Walker, and Offset, who have also ventured into anotherblock's NFT space.

While Axident retains ownership rights to the song, NFT owners can earn passive income each time "Company" is played. This Web3 initiative is part of a broader trend reshaping the music industry, fostering direct connections between fans and artists and revolutionizing distribution, production, and monetization.

In this new music ecosystem, NFTs promise financial rewards, promoting fairness and connectivity, and anotherblock is leading the way in this transformative movement.