Welcome to DCLXVI, a record label bringing the future of music ownership and distribution to the present with our exclusive NFT releases.
At DCLXVI, we believe in the power of decentralization and the ability for artists to retain control and ownership over their work. That's why we're excited to announce that all of our music will be released as NFTs (non-fungible tokens) on the blockchain, allowing fans to truly own a piece of their favorite songs.
But we're not stopping there. In addition to traditional NFTs, we'll also be offering "Royalty NFTs" for select releases. These special NFTs not only grant ownership of the song, but also entitle the holder to a percentage of the royalties earned by the track. The profit split for these Royalty NFTs is an industry-leading 80/20 in favor of the artist, with the remaining 20% being split amongst the 100 limited edition NFT holders.
By purchasing a Royalty NFT, not only are you supporting your favorite artists and the future of music ownership, but you also have the potential to earn ongoing passive income from the success of the track.
Thank you for joining us on this exciting journey to revolutionize the music industry. We can't wait for you to join us and become a part of the DCLXVI family.