Hunter Corp Records plots Blockchain-based music revolution

Hunter Corp Records (HCR), pitched as the first record label on the Blockchain, has announced the launch of its HCR Token to the market. 

The ICO commences on 30th May and will enable development and growth of the venture’s alternative virtual music economy and also fund and support global artists.

Joshua Hunt, CEO and Founder, HCR, which has signed Fleur East as an artist, believes that the music industry is in desperate need of change as acts continue to get shocking deals from major record companies. “I discovered this first hand when recently my daughter was asked to sign with a UK TV music show and the terms were so prohibitive and biased against the artist. It was then that I felt we had to do something to change this industry,” he says. “We have more than 25 years’ experience in successful business and the investment space with hundreds of millions of dollars being successfully raised and invested across many different continents and industries.”

He adds: “We are bringing together our vast network of international investors and some of the world’s best music artists to create an innovative alternative located on blockchain technology. The HCR model creates a great and fairer deal for both music artists and fanvestors and Hunter Corporation is proud to be a leader in this revolution. It’s an exciting time for the music business and artists globally.”

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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