Stake your claim
in the future of music.
Get involved and support our music industry revolution by staking with NEWM Pools.
What is staking?
What is a stake pool?
$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 (the native cryptocurrency of the Cardano blockchain), staking is a no-brainer! It's a fast and easy way to earn more $ADA (and other rewards) while also supporting projects, developers and stakepool operators that contribute to the decentralization and security of the blockchain. 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.
If this is all new to you, we got you, check out the basics of staking here.
Benefits of NEWM Pools
No Risk
No lockup or transfer of $ADA required.
Rewards
Earn rewards every 5 days, depending on pool performance.
Support
Have a voice in & help fund the future of our project.
Discord Perks
Get access to exclusive roles, drops and updates.
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
NEWMonsters
An NFT series
To show our appreciation to NEWM ISPO delegators, we offered limited edition collectibles as perks of staking with NEWM stake pools.
NEWMonsters can unlock retrospective benefits as our roadmap progresses. Who knows, they might just be your ticket to a NEWMusic festival one day…
*UPDATE:* NEWMonster NFTs were only a perk of our ISPO. Now that the ISPO has ended, these will no longer be a perk of staking with NEWM. The following section is for informational purposes only. If you'd like to build your collection of NEWMonsters, they are available for purchase on the jpg.store marketplace.
- Nov 11, 2023
- Oct 12, 2023
- Sep 7, 2023
- Aug 8, 2023
- Jul 9, 2023
- Jun 9, 2023
- May 10, 2023
- Apr 10, 2023
- Mar 12, 2023
- Feb 10, 2023
- Jan 10, 2023
- Dec 11, 2022
- Nov 11, 2022
- Oct 12, 2022
- Sep 12, 2022
- Aug 13, 2022
- Jul 14, 2022
- Jun 14, 2022
- May 15, 2022
- Apr 15, 2022
- Mar 16, 2022