Beatport teams up with Polkadot to launch Beatport.io, a Web3 marketplace; announces plans to release NFTs

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Beatport announced a new collaboration earlier this week in conjunction with Polkadot, a blockchain network that works via a specialized type of blockchains called parachains. The companies have teamed up to launch beatport.io, a digital collectible marketplace for Web3. beatport.io plans to launch on Aventus and will be Beatport’s flagship platform to exist permanently in the space.

Beatport.io offers the ability for record labels and artists to sell their own digital assets to platform users. There’s an opportunity here for creators to use the Web3 space to offer unique items to fans like discounted tickets to upcoming…