What Are Tokens?
Tokens represent a specific value or utility within a blockchain network, and NEWM uses the tokenization of digital assets to create a more equitable and transparent music industry.
Tokens can be used for:
Representing Ownership
Reflects ownership of physical or digital assets, like artwork, real estate, or, in NEWM's case, music rights and collectibles
Streamlining Transactions
A medium of exchange within a specific ecosystem, simplifying and facilitating transactions
Granting Access & Privileges
Provides holders with special access, privileges, or benefits within a platform or community