One of the fastest growing NFT marketplaces for the music industry to join a UAE trade mission to CEATEC in Japan

PlayTreks, the all-in-one platform for artists

PlayTreks, all-in-one platform for the music industry

PlayTrek’s Data Analytics and Music Distribution

PlayTreks, the all-in-one platform for digital content creators

PlayTreks, (and The PlayGrounds), a fast growing startup, recognized a key player in the music industry invited to join a UAE delegation to CEATEC.

DUBAI, UNITED ARAB EMIRATES, Sept. 30, 2022 /EINPresswire.com/ — With the UAE as the leading emerging market in the GCC, the public and private sectors are working together to drive innovation, diversify the economy and support cutting-edge entrepreneurship.

The startup community plays an important role in this development, but for these ventures to succeed during the formative years, they need strong support.

To support the growth of the UAE economy and facilitate start-up investment and entrepreneurs’ activities, a group of young investors founded the Emirates Angels Investors Association in 2020.

The strong ties between Japan and the UAE, as well as their ongoing support for innovative young companies, provided the opportunity to showcase the innovation and economic diversification of UAE entrepreneurs at CEATEC, a consumer electronics exhibition held in Tokyo, Japan in October 2022.

Japan and the United Arab Emirates have enjoyed friendly relations and trade since 1971, when the two countries established diplomatic ties. Japan’s CEATEC is similar to CES and IFA in terms of scale and scope of the show.

Under the supervision of the UAE Ministry of Economy, the Emirates Angels Investors Association meticulously researched innovative UAE-based startups, in collaboration with the UAE-Japan Society and Cosmo Energy Holdings., Ltd, and under the inspiring leadership of Emirates Angels Chairman, Mr. Masaood Al Masaood. Following this process, ten young UAE-based companies have been selected to attend CEATEC on behalf of the United Arab Emirates.

“We are proud to announce that PlayTreks / The PlayGrounds was chosen to participate in this mission as an example of cutting-edge technological entrepreneurship, together with other selected companies”, said Anjo De Heus, CEO and founder of PlayTreks.

Serving thousands of Do It Yourself, indie artists and record labels daily, PlayTreks has seen rapid growth since its inception. Established in 2020, and live since the end of April 2021, the Belgium and United Arab Emirates-based company intersects music distribution, data analytics, airplay monitoring and a blockchain-based marketplace. Since then, the pre-Series A company has been quietly attracting indie artists to the music NFT marketplace to drive greater revenue and stronger fan relationships.

PlayTreks launched The Playgrounds in early 2022 with a fairly simple goal: to allow advertisers to monetize their content by staking them into Non-Fungible Tokens (NFT). Several months later, the early stages of the mission are taking shape.

‘The Playgrounds’ is now triggering an increase in daily entries. According to statistics shared by Playtreks, the burgeoning artist platform now has more than 6,000 indie musician members. Given the early nature of music NFTs, that’s enough to signal a proof-of-concept while forming a base of core users.

The company says it is now preparing to reach 20,000 users by the end of the year, with most taking advantage of the platform’s music NFT features.

PlayTreks, (and The PlayGrounds), a fast-growing young company aiming to change the creative economy, provides 360-degree metadata about music-related feats such as artists, songs, albums, global radio monitoring, music distribution and more. The PlayGrounds, a Web3 platform is recognized as one of the fastest growing NFT marketplaces for music, video and art, with more than 160,000 digital songs featured.

Anjo De Heus
PlayTreks
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introducing PlayTreks and the PlayGrounds