The company provides financial infrastructure for businesses, manages KYC, fraud, and disputes for its partners. It also offers services for first-time NFT purchasers. Stripe users are able to purchase NFTs instantly.
Revelator has picked Stripe to help it launch an NFT payment infrastructure as an integrated web3 functionality on top of its digital music supply chain management service offerings.
The company will integrate the NFT service into its existing Revelator Pro platform, giving users the ability to create, sell, distribute, and manage NFTs while managing their digital assets, supply chain, rights management, business intelligence, financial reporting, and royalty payment distribution.
With Revelator Pro, music companies are able to collect, process and sync all of their digital sales reports across digital service providers, and analyze their DSP revenue.
The Stripe integration will make Revelator Pro the first platform to integrate Web3 functionality, Revelator claims, adding that the move bridges music’s Web2 present and its Web3 future.
The partnership, disclosed on January 10, will allow labels, publishers, distributors, and creators to open up a new direct-to-fan revenue stream with digital collectibles and payments.