The Chainsmokers To Share Stake In Album Royalties With 5,000 Of Their Biggest Fans – Sounderground.net

The 5,000 biggest fans of The Chainsmokers will soon become part-owners of the duo’s newly released fourth LP – So Far So Good. 

Partnering with 3LAU’s NFT marketplace, Royal, The Chainsmokers are turning over 1% of the ownership rights from the album back to their fans. Each token, which will be given away for free on the platform, effectively represents 0.0002% of the ownership interest. Fans who hold these tokens will receive the monetary benefits that come with such ownership, including entitlement to a fractionalized portion of the cash flows for each stream generated.