Token Traxx Announces Sale of Its TRAXX Network Tokens

Token||Traxx has announced the sale of its network token which will take place on March 14, 2022.

Token||Traxx is a new marketplace that redefines and enhances the value of music, by supporting and financially benefiting the entire music community using Non-Fungible Token (NFT) technology.

The TokenIITraxx platform and marketplace aims to find new ways to create, curate, and collect music using NFTs, enabling true creative freedom in music. 

The TRAXX Token is the network and exchange token that enables the Token||Traxx marketplace. TRAXX will be made available for purchase and will enable users to create, acquire and sell music-related NFTs.

“I am excited that Token||Traxx has reached this milestone of the journey,“ said co-founder TommyD, an award-winning multi-platinum music producer and DJ, who has worked with artists including Kanye, Jay-Z, and Beyonce.

“The token will underpin our entire ethical ecosystem, driving our shared vision of an inclusive and sustainable Web3 where music and crypto combine,“ he added.

“As founders, our mission is to empower artists to easily tokenize songs, albums, and merchandise, thereby revolutionizing the way fans engage with the artists they love,” commented co-founder Miles Leonard, an ex-Chairman of Parlophone Records/Warner Music who is credited with signing and breaking artists including Gorillaz, Coldplay, and Tinie Tempah.

“I’ve always found artists are very loyal when you give them the freedom and space to be creative. They have a desire to imagine new dimensions to their music, to attract new audiences, and to build their brand and following. Token||Traxx is a community that supports and encourages this,” summarised Leonard.

Music artists and fans can access the Token||Traxx platform and explore the functionality and benefits of the Token||Traxx marketplace by joining the guestlist here.

Formal KYC registration has now been opened by Token||Traxx affiliate, SORS DIGITAL ASSETS LIMITED (SORS) which is registered as a VASP in accordance with the rules of the Central Bank of Ireland. 

More information on the TRAXX token sale can be found here.