# Introduction to Pianity

By [龙阳prince](https://paragraph.com/@trump250) · 2022-04-03

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    Pianity allows artists to sell their tracks in limited editions and connect with their fans, bringing a new way to monetize and create value from music. Pianity is one of the first NFT platforms to launch in 2021; since its launch, it has sold 11,000 NFTs and has over 20,000 users on the platform. Artists have collectively earned over $1.9 million from NFT sales.
    
    Additionally, the company will expand its workforce through a world-class team of country managers and artist relations managers. It will open offices in the U.S. and Latin America to support its expansion across the music industry. The investment will also support the development of mobile apps and additional features for the Pianity streaming service, such as creating NFT playlists and building libraries.
    
    
    
    "NFTs present a huge opportunity for all artists as they are changing the business model of the music industry," said Kevin Primicerio, CEO and co-founder of Pianity. “With NFTs, artists can monetize their music in unprecedented ways that traditional streaming platforms can’t. We are excited about this funding round as it enables us to transform the business model of online music walk forward."
    

Pianity's Privilege

    The Pianity platform offers users unique perks that set it apart from the competition and create a fairer ecosystem for artists and collectors. Pianity is the first profit-sharing community to redistribute 50% of its revenue in tokens every week to all active users. For example, if $1,000 of NFTs are sold within a week, Pianity will take 20% of each fee ($200) and redistribute the rest ($100) to active users. The amount users receive depends on the size of their NFT collection (the larger their collection, the higher their reward) and transaction volume. Pianity developed this system to reward collectors for their support of musicians.
    

[https://blog.pianity.com/why-we-distribute-50-of-our-fees-to-the-community-35c89523101d](https://blog.pianity.com/why-we-distribute-50-of-our-fees-to-the-community-35c89523101d)

    Pianity is a music NFT platform - built on environmentally conscious Arweave technology - where musicians and their community come together to create, sell, buy and collect limited edition songs certified by blockchain technology. Pianity's pioneering approach - including free listening - allows for a deeper connection between artist and audience. Because Pianity views music as art, artists can gain new independent revenue streams while enabling fans and collectors to develop and showcase their music collections. Pianity is a privately held company headquartered in Paris, France.
    

[https://pianity.com/](https://pianity.com/)

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*Originally published on [龙阳prince](https://paragraph.com/@trump250/introduction-to-pianity)*