The Country Music Association will release an NFT collection for its latest awards show

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The Country Music Association (CMA) has partnered with non-fungible music token (NFT) platform Solo Music to launch an NFT collection that celebrates the 55th Annual CMA Awards.

The CMA Awards drew more than seven million viewers in 2020 and more than 11 million the year before, according to The Hollywood Reporterwhich makes it one of the biggest musical award shows on television.

The collection will feature 1,000 digital art NFTs based on the Polygon networkaccording to a statement shared with The Block. They will cost $25 each and will be available on November 12.

Those who purchase a CMA NFT will become part of the CMA digital community and have the opportunity to gain exclusive access to CMA events, purchase future CMA NFTs, and receive brand rewards.

Solo Music is a Nashville-based company digital music resource platform startup backed by seed funding from songwriter-producer Tommy Cecil, Brain Candy Management founder Ayla Kress, and NFT collector Luke Porter, among others.

“While NFTs are our first step towards adoption across the music industry, we plan to harness the power of blockchain technology through ticketing and token royalties in the future,” Solo Music co-founder and CEO Barron Solomon told The Block.

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