NEWM | More from Music

IMPORTANT ANNOUNCEMENT: Today, we share the news that NEWM is closing its doors. While this is a difficult end to our operations as a company, we don't see this as a total end to the work needed in the music industry. Our goal was always to prove what was possible for the future of music, and we’ve poured our hearts and souls into it over the past 4+ years. Despite our dedicated efforts, we are unfortunately unable to continue operations in our current form. This is due to current market dynamics and the funding required to scale a project of this nature. Although we continue to explore potential funding opportunities, we felt it would be inauthentic to proceed with ‘business as usual’ given the circumstances. We are now focused on a responsible and orderly wind-down during this sunset process. Please head to the link below to read our full official statement, along with key dates, actions and a special note to the Cardano Community. As an artist-first platform, we are prioritizing ensuring that all our artists get the support they need to migrate their music before the March 31st, 2026 deadline. Migration action plans, support contacts and FAQs are included in the official statement. To the artists who trusted us and the community that fueled us: Thank you. 🤍 Read Official Statement: newm.io/sunset

🚨Reminder for all artists: you have 12 days left to redistribute your music through another platform and remove your releases from NEWM Studio. The deadline is MARCH 31st. After this date, any remaining music on the platform will be subject to a forced takedown. Please take action as soon as possible to ensure uninterrupted access and avoid any disruption to your music’s streaming activity. Get started ↓ newm.studio/login

As we move through the sunset period, we’re continuing to update our FAQ to make sure artists have clear, up-to-date information every step of the way. Some of the questions we’re seeing most often: • How long do I have to move my music? • What happens to my Stream Tokens? • How are royalties distributed after the sunset period? You can find answers to these and more at the link below: #FAQ" target="_blank" rel="nofollow noopener">newm.io/sunset/#FAQ

ATTENTION: NEWM Stakepools are retiring If you are currently staked with a NEWM stakepool, please move your stake as soon as possible. To make sure you don’t miss your chance to claim any rewards, check the link ⤵️ adastat.net/pools/40fd2f82…  📆NEWM pools will be retired on APR 4, 2026

@_Dan_Dan_88 @shaggyrax Music NFTs still play in the App and on Gero Wallet. NEWM Monster NFTs are collectibles and nothing changes.

@projectNEWM @shaggyrax What happens to the NFTs we bought?

🚨MUSIC TAKE DOWN REMINDER To all artists who have distributed music on the NEWM Studio, this is a reminder to take down your music from the platform and redistribute it with another distribution platform of your choice.  The deadline to take down your music is March 31, 2026 – if no action is taken before this date: 🔴Your music will be removed from streaming services. 🔴You will lose access to NEWM Studio. 🔴Future royalties will not be processed through the platform. Any unclaimed royalties will be paid out in June via airdrop in USDM.  We encourage you to complete the migration process as soon as possible. Head to newm.studio/login to get started.  Full takedown instructions are included in the FAQ linked below.

Head to #FAQ" target="_blank" rel="nofollow noopener">newm.io/sunset/#FAQ to read the full FAQ

An open letter was published this week titled "SAY NO TO SUNO". It's from the Music Artists Coalition, the European Composer and Songwriter Alliance, and more. They call Suno a "brazen 'smash and grab' platform", saying it "appropriates and plunders [...] creative work while undermining the commercial ecosystem for artists". "Suno built its business on our backs, scraping the world’s cultural output without permission, then competing against the very works exploited." "We in the arts must rise to confront those who would 'smash-and-grab' our creativity for their own benefit." musictechpolicy.com/2026/02/23/ope…

@Cardano_Power Sure, our DMs are open

Hey @projectNEWM Is a DM ok?

1,209 days ago I released a full album as an NFT on Cardano. No gate keeping. Just music that you actually owned and could do with what you pleased. This was the doorstep. Save @projectNEWM pool.pm/asset13q3yzepp…

still astounded about the news from @projectNEWM. many great memories have being cultivated here that helped me grow professionally (first job!!!), within the music industry and as a person (1/?)

@BouwmanKristen You've been with us from the jump, Kristen. We'll never forget it 🥲

It is so strange to see my stake pool in my first established Cardano wallet as anything but @projectNEWM -based. 😥

@projectNEWM 🥺You managed to develop this mindblowing project, onboard so many great artists and opened the door to this ecosystem for so many people. We've shared so many memories and milestones that I've lost count. @amw7, @SickCity7, @RyanJones_NEWM and @So_Crypto_Now, forever grateful🎵

@OfficialNID0 @amw7 @SickCity7 @RyanJones_NEWM @So_Crypto_Now Thanks for being the first of many to be a part of NEWM. You’ve made a direct impact on how we’ve developed our product for artists. Nothing but gratitude 🙏

IMPORTANT ANNOUNCEMENT: Today, we share the news that NEWM is closing its doors. While this is a difficult end to our operations as a company, we don't see this as a total end to the work needed in the music industry. Our goal was always to prove what was possible for the future of music, and we’ve poured our hearts and souls into it over the past 4+ years. Despite our dedicated efforts, we are unfortunately unable to continue operations in our current form. This is due to current market dynamics and the funding required to scale a project of this nature. Although we continue to explore potential funding opportunities, we felt it would be inauthentic to proceed with ‘business as usual’ given the circumstances. We are now focused on a responsible and orderly wind-down during this sunset process. Please head to the link below to read our full official statement, along with key dates, actions and a special note to the Cardano Community. As an artist-first platform, we are prioritizing ensuring that all our artists get the support they need to migrate their music before the March 31st, 2026 deadline. Migration action plans, support contacts and FAQs are included in the official statement. To the artists who trusted us and the community that fueled us: Thank you. 🤍 Read Official Statement: newm.io/sunset

@CardanoNoodz @amw7 @ESCOweb3 All of this information is in our official statement as well.

@amw7 @ESCOweb3 @projectNEWM Hey yea Andrew this is awesome And props to Esco for asking this Both legends

@janilom81 Please review our official statement and FAQs, we have explained how royalties will be paid out during the sunset period.

@projectNEWM So no more royalties from the stuff I purchased from you?

@ESCOweb3 @projectNEWM It was always open sourced as it was being built. Server code, contracts, mobile app, everything. github.com/projectNEWM

@projectNEWM We are very sorry to read this news. We know how hard you worked, we saw it first-hand. We wish you all the best 🙏

I am so sad to see this project close. I have met the NEWM team over years and they always impressed me as a group of top-notch professionals. I wish them best of luck and hope they stay in the #Cardano ecosystem.

@projectNEWM I always thought Newm is somehow Moon just in reverse 🌕 All the best.

@peacedesigning This is us.

On november 2021, I got onboarded to my dream job. Music to me has always been one of the most important things in life, and working on making it more fair alongside the highest quality of human beings has been a blessing. To those who took this journey with us, thank you.