Pianity – the Web3 music NFT marketplace powered by Arweave – has just announced its latest service update which is focused mostly towards artists and record labels. The update involves Pianity’s new song upload process – making it easier than ever for new musicians to onboard to the world of Web3 and blockchain music.
The update allows artists to invite/assign others as collaborators on their songs when uploading them as new to Pianity. The process is made simple, and simply requires searching for and inviting fellow artists to appear as co-authors of the song via Pianity’s UI. Other than crediting anyone that has worked on the song, users also get to choose how the revenue/profits will be split between each other.
Let’s take a closer look!
Pianity is always striving to make things as easy as possible for artists and – just like most Web3 music services being built – it seems they too want to make bringing existing musicians and record labels from the traditional Web2 world over to the modern Web3 world as easy as possible. In doing so, they have just updated their song upload process, adding a very important new features to it: artists are now able to invite each other as collaborators.
Though this may seem like a basic feature, it is truly needed in an industry where usually many people are involved in the creation and release of a song or album. People involved (who may be due royalties) could include the artist or band themselves, as well as other songwriters, lyricists, engineers, producers, designers, or a record label (to name a few).
From the Pianity blog:
Since day 1, our goal has always been to support artists and make they first steps in Web3 as smooth as possible. From the song uploading process to the ability for anyone to buy an NFT with their credit card, we’re building the one-stop platform for artists to jump into Web3.
In order to collaborate with others, artists will (when uploading), get to select other users who you want to invite to collaborate. The receiving artist needs to also have a registered account on Pianity, and will need to accept the invite request before they appear as a collaborator on the song.
After doing so, these users will show up as authors of that specific song, and the song will also appear on each user’s profile. Subsequently, when an NFT is sold on Pianity, each author will receive the portion of the sale that was defined in the royalties split.
More control over artists’ rights
Furthermore, Pianity has added some extra steps in the song upload process, to help artists have more control over their rights.
When uploading, artists can now fill in the International Standard Recording Code (ISRC) – a unique identifier that is assigned to a song. They are now also able to define whether the song uploaded is an original, a cover song or a remix, while mentioning all those that worked on the original (covers and remixes will require confirmation of rights/permission to submit them).
Through the new upload process, users have better rights and credits management over their songs now. Customisable royalty splits are easy to set up and assign to anyone with a Pianity account.
What is Pianity?
Pianity is a music NFT platform where musicians and their communities gather to create, share, trade and collect limited-edition tracks. Launched in 2021, it was built from the ground up as a profit sharing community. Its high user rewards, amongst other things, is what makes it appealing to many artists and users alike. Their goal is to change the traditional music industry and streaming services by making the market fairer for all participants via the use of blockchain and Web3 technology.