LEXIT, a decentralized finance platform (DeFi) for tokenizing intellectual property into Non-Fungible Tokens (NFTs) today announced a partnership with the online music interview database, Toazted, to actively implement NFTs into the artist engagement platform. 

By utilizing LEXIT’s NFT launchpad, Toazted is able to empower every artist and inventor to issue their NFT’s and make them immediately tradable and accessible to fans on their platform. This partnership is an example of how both the fans and artists can be serviced by the digital asset ecosystem, powering a new benchmark for strengthening the relationship between artists and fans.  

“We’re excited to partner with Toazted to provide millions of people the ability to support their favorite artists with exclusive NFTs,” said Amir Kaltak, Founder & CEO of LEXIT. “With LEXIT, artists featured on the Toazted platform can now interact with their fans and begin to monetize their talent. As our brand continues to grow, we look forward to providing our future partners with our unique toolkit to enhance the growing creator community.” 

“We are thrilled to work with LEXIT to bring NFTs to our platform,” said Paul van der Vlist, Founder & CEO of Toazted. “LEXIT is the only NFT launchpad with integrated DeFi liquidity pools - meaning NFTs are immediately available for trading within the platform. This saves us a lot of time and effort. Next to that, LEXIT is incredibly knowledgeable and they have proven to be 100% reliable. Trust is a very important factor in the music industry and LEXIT gained our trust. Toazted is looking for a long term partner and LEXIT will be it.”

With a worldwide reach, Toazted supports artists within every music genre at various stages of their music career. The platform has supported notable artists such as Coldplay, Amy Winehouse, Martin Garrix, Béyoncé, Metallica, among others. 

The LEXIT and Toazted partnership is currently in beta and plans to transition out of beta in Q4 2021.