Electronic Dance Artist Gramatik Plans to Tokenize His Music

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Electronic dance musician and hip-hop artist Gramatik plans to “tokenize” his intellectual property and other rights through an initial coin offering via SingularDTV.

The Lowtemp Recordings artist will launch his GRMTK token offering during his upcoming European tour, which starts Oct. 13 in Luxembourg. SingularDTV is a tour sponsor and is filming a documentary about the tokenization effort in conjunction.The token will offer rights and revenue control on Gramatik’s intellectual property.

“I’ve been waiting for a platform like SingularDTV to come out that utilizes blockchain technology to cut out the gatekeepers and middlemen.” Gramatik said. “I just want to release my own music whenever I want to, on my own terms. I want to get rid of all that bureaucracy. I just want to make music. Living in a world that’s owned by banks and corporations, blockchain technology is pretty much the only thing that gives me hope for the future.”

Zach LeBeau, CEO of SingularDTV, called Gramatik the first “cryptoartist” to take advantage of blockchain and said he was “a new breed of creator.”

“On our platform, he’ll not only be able to share his music with the world, but anything he creates, from tour movies, short films, feature films, his writings, merchandise, anything and everything,”said LeBeau. “The best part is that his fans, through holding the GRMTK token, will benefit as well, like never before.”

Teaser video of the Gramatik Launch

SingularDTV’s suite of blockchain applications allow artists to build and manage projects from development to distribution through the utilization of a rights management gateway, project funding portal, a peer-to peer VOD platform and more.

Founded by Zach LeBeau, Kim Jackson, Arie Levy Cohen, and Ethereum co-creator Joseph Lubin, SingularDTV has developed a new type of business structure where artists can monetize their own work online by creating tokens that represent their IP and are programmed with their ability to control the flow of their rights, revenue and royalties.