Published
Wed, Mar 20, 2024, 18:47
- "At AC55ID, it's Bandcamp Friday every day."
A new independent marketplace for electronic music is here.
AC55ID is a subscription-based platform that aims to create a fair ecosystem for independent artists and labels by taking no percentage of sales, leaving artists with 100 percent of their earnings. It provides members access to vinyl and merchandise fulfillment, event schedule displays, and unlimited digital downloads. Subscribers pay $10 a month while labels and artists pay $29 a month for access to AC55ID.
The website uses blockchain technology to "guarantee that all transactions on the platform are transparent, secure, and immutable," the press statement claims. It also features on-demand vinyl pressing and provides an option for Bio Vinyl, a petroleum-free PVC sourced from cooking oil.
"We were inspired by the success of Bandcamp Fridays, where the first Friday of each month saw Bandcamp waiving its revenue share," said the CEO of AC55ID. "We've taken this idea a step further by guaranteeing artists and labels an unprecedented 100 percent of their earnings consistently. Our pledge covers all digital and physical sales through its marketplace, aiming to foster a fairer ecosystem for independent creators. At AC55ID, it's Bandcamp Friday every day."