TRAX secures **$2.9 million** in decentralized funding to build a web3 platform connecting artists with superfans. The startup leverages blockchain-based tools to deepen fan engagement and direct artist-fan interactions. TRAX targets artists seeking closer ties with their most dedicated supporters through decentralized ownership models.
TRAX secures nearly $3 million in decentralized funding to advance its Web3 platform for superfan monetization. The startup connects artists and fans through blockchain-based tools, enabling direct revenue sharing. Co-founders Tom Stuart (CEO), Ollie Francis (CTO), and Henry Wilson (COO) lead the initiative.
TRAX, a London-based web3 music startup, secures $2.9 million through a decentralized funding round on the Internet Computer blockchain. The company transitions to a decentralized autonomous organization (DAO), governed by holders of its $TRAX token. Funds will be managed by the DAO treasury, with token holders determining future allocations.
TRAX, a London-based online platform connecting emerging artists with audiences, introduces its **Class of ’24 artist campaign**. The initiative highlights new talent and fosters direct engagement between creators and fans through curated programming. TRAX specializes in supporting artists in building dedicated followings before mainstream recognition.