BTS Song Copyrights to Be Tokenized via Aria RWA Protocol
The globally acclaimed boy band BTS is taking a bold step into blockchain technology by tokenizing the copyrights of their hit songs through the Story ecosystem’s Real-World Asset (RWA) protocol, Aria. This initiative marks a significant milestone in the integration of intellectual property (IP) rights with blockchain, allowing fans and investors to own a stake in some of the most influential musical works of the modern era.
Bridging the Tangible and Intangible (Source: Uptick Network)
BTS and Steve Aoki’s “The Truth Untold” to Go On-Chain
According to Deep Tide TechFlow, Aria has announced its acquisition of a portion of the copyrights for BTS and Steve Aoki’s collaboration single, “The Truth Untold”, which will be tokenized and made available on-chain. This move represents a growing trend of bringing high-value creative assets into decentralized ownership structures, opening new possibilities for artists and their audiences.
Steve Aoki on BTS and the Cultural Importance (Source: Ashley Spencer)
By leveraging blockchain technology, Aria aims to enhance transparency, accessibility, and liquidity in the music rights industry. Tokenizing song copyrights enables fractional ownership, meaning that investors and fans can purchase a share of the song’s royalties, benefiting from the track’s continued success. This initiative also highlights the increasing role of Real-World Assets (RWAs) in reshaping traditional industries, bridging the gap between blockchain and mainstream media.
Aria’s Growing Tokenized Music Catalog
Story-based Aria Acquires Partial Music Rights from Global Artists (Source: bloomingbit.io)
This is not Aria’s first foray into tokenizing music copyrights. Aria Premiere Launch has already secured $10.93 million in funding and expanded its tokenized music catalog to include 90 tracks. These tracks feature works from some of the biggest names in global music, including BLACKPINK, Justin Bieber, Miley Cyrus, Dua Lipa, Katy Perry, and BIGBANG. Investors in these tokenized assets can expect an annual royalty yield of approximately 6%-7%, making it an attractive option for those looking to diversify their digital asset portfolios.
The Impact of BTS’s “The Truth Untold”
“The Truth Untold” is one of BTS’s most beloved ballads, featured in their critically acclaimed album “Love Yourself: Tear”. The album not only topped the Billboard album chart but also cemented BTS’s place in the global music industry. The song has amassed over 670 million streams across Spotify and YouTube Music, highlighting its lasting impact and popularity among fans worldwide.
With this move, BTS continues to push the boundaries of the music industry, demonstrating how blockchain can revolutionize music ownership, investment, and artist-fan engagement. The tokenization of song copyrights may pave the way for more artists to explore similar opportunities, further integrating the music industry with decentralized finance (DeFi) and blockchain innovation.
