Afterparty, a decentralized offering that aims to strengthen ties between fans and creators, has launched a beta version of its events platform. The startup’s co-founder and CEO is David Fiel…
technology and designed to handle cryptocurrency, NFTs and social tokens. Fields said the advent of Web3 is as “as significant as the impact of broadband internet on Web 2.0.”The music industry — where streaming has disrupted the economic model and forced artists to rely on revenue sources beyond sales of recordings — is Afterparty’s initial focus. The company hosts live events, in which artists and creators can set their own pricing terms and take advantage of fan fervor to create revenue.
Using Afterparty’s tools, creators can launch NFT projects, with those tokens woven into the event platform, as fans increasingly look for exclusive experiences and merchandise tied to artists they love. Afterparty launched and tested its event platform on BitClout and has won backing from several creators of note. Among them are Clay Perry, Tropix, Echosmith, Madds, Robert Graham, Jon Youshaei and Vale Genta.
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