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Dropstar backed by the Venly Wallet for privacy and security

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March 29, 2022

Dropstar is building an intuitive user experience that puts the fan utility first. Since many mainstream users still struggle with aspects of decentralised applications, they have chosen to integrate the Venly widget to onboard artists and their communities into using and transacting with smart contracts. Venly’s wallet is the perfect layer two solution. 

Dropstar has set about to make the purchase process as simplified as possible, in doing so, they needed to tackle three main issues: private key management, blockchain speed and transaction fees. The company chose to use Venly as the solution to the first point. With Venly, users will also have an experience they are used to using a traditional email and password or social login. With simplified transactions, customers and creators don’t need to be tech-savvy to create and access the content they want. 

The vision is to make unique creative assets collectable. People value cultural experiences, yet music has fallen into a commodity trap and is consumed mostly via streaming. The problem with that is how it devalues the creative work behind those assets. Web3 tools enable artists to add a layer of community and autonomy to their work, so they can make a decent living again. Dropstar empowers them with the infrastructure and expertise to make music moments and monetise them with their fans. 

Their first drop will be celebrated with a collection release party. To celebrate with them, join their Discord and sign up for the event.

About DropStar

DropStar is a platform for tokenising and selling audiovisual ‘Drops’ - unique assets (NFT's) created by musicians and artists, that can be collected, shared, traded and experienced.

About Venly (previously Arkane Network)

Venly is a blockchain technology provider. It offers its partners and users digital wallets to store assets with a native solution that also works on mobile devices. Venly also recently launched the Venly Market as the first-ever peer-to-peer and blockchain agnostic NFT marketplace.

Keep reading

Paris Fashion Week 2023: 5 Labels Exploring the Benefits of Blockchain

Paris Fashion Week 2023 is upon us. It is the conclusion of a month of global fashion shows - New York and London Fashion Week 2023 have also just taken place. Running in parallel in each city are the Digital Fashion Weeks, showcasing the continuing integration of blockchain, NFTs & fashion.

Learn more

FIBA joins forces with Venly to launch Basketball World Cup digital collectibles

FIBA and blockchain technology provider Venly are giving fans the opportunity to celebrate their love of the sport by purchasing FIBA Basketball World Cup 2023 digital collectibles.

Learn more

The Sound of Revolution: 4 Music NFT Marketplaces Changing the Game for Musicians and Fans Alike

The global Music NFT market is projected to grow from US$1.7 billion in 2021 to US$7.6 billion by 2028. There is no shortage of players hoping to make their mark in Web3 music.

Learn more

Start building Web3 with Venly

Venly provides the best-in-class blockchain developer tools, resources and support to help you build and scale any Web3 product seamlessly.

Schedule a call

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