The band behind this song “Rebel just for Kicks” is making a social mark rally.
Portugal. The man joins the Christian singing trio Selah on the rally platform “Creator Coin”. Competing platform Fyooz has also made headlines in the past few weeks with the addition of tokens from rappers Lil Yachty and Lil Pump.
The Portland Rock Band’s PTM coin represents the most recent effort to symbolize fan engagement. Bands unable to tour due to COVID-19 restrictions are reaching out to a number of crypto startups to offer exclusive perks to fans willing to use Fiat to support their favorite artists.
“We want a special level for our really hardcore fans,” said bassist Zach Carothers in an interview with CoinDesk. “We’ve been dealing with something like this since about 2017 and just playing with the idea. And I think this forced downtime we’ve had has given us the time to explore other options. “
The benefits include the introduction of an audio archive for token holders with unreleased music as well as the ability to access exclusive live streams. The tape has also started up a Discord server where much of the token activity will take place. The token goes live today and starts at around $ 1. It fluctuates “based on the retention curve and market demand after launch,” said rally co-founder Mahesh Vellanki in a message.