NEWM Token
for the future of music
NEWM Token
for the future of music
Buy your own
NEWM Token
$NEWM token utility is built on three distinct pillars: governance, transactions & in-app usage, and staking & protocol incentives. Essentially, the token:
- Enables holders to have a direct impact on the direction of the project
- Unlocks exclusive features through staking, holding or token-gating
- Supports all transactions on current and future NEWM products, fueling the entire ecosystem
This not only creates the best possible experience for participants in the NEWM Ecosystem, but also supports the evolution of our token over time. It also adds more utility to strengthen and further decentralize the platform.
Your Gateway
to Crypto Success
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Stake with NEWM
Earn $NEWM Rewards
$ADA holders on the Cardano blockchain have a ‘stake’ in the network, meaning these users have a say in who should add the next block to the blockchain. If you are not or do not want to be a stakepool operator, staking with an existing stake pool allows you to ‘pool’ your resources (i.e., $ADA) together with others to receive rewards through the delegation process.
If you hold $ADA, staking is a no-brainer! It's a fast and easy way to earn more $ADA and/or other rewards while also supporting projects you love. AND the cherry on top – staking does not lockup or require a transfer of your funds.
We chose to build NEWM on the Cardano blockchain for several reasons, one of which is its Proof-of-Stake consensus mechanism that is more sustainable and eco-friendly than other blockchains.
We currently offer three stake pools that help support the development of our project.
Full Transparency
the future of funding
Disclaimer: NEWM does not provide legal or financial advice. Cryptocurrency and staking regulations differ across many jurisdictions; we suggest consulting with legal or financial advisors in yours.
“What NEWM does for the music industry has been needed for many years. The industry was built to exploit artists, but now we finally have the tools to fight back!”
MoodSwingz Group | Crypto Record Label
