$APL

$APL is the first IP RWA (Intellectual Property Real-World Asset) token launched on Aria Protocol. It is a fungible token backed by iconic music rights acquired by Aria Management Company (affiliated with Aria Protocol Labs Inc.).

The $APL token represents the Aria Premiere Launch catalog; a collection of partial rights to 48 iconic songs acquired to date from the $10.95 million USDC raised using StakeStone’s LiquidityPad.

Following the launch of remixable IP and the Aria Global Remix Contest featuring 3 songs from South Korean artist and actress NANA, the token will also be linked to any remixes of the 3 tracks released by a label.

Holders are entitled to a share of potential real-world revenue generated by the underlying IP assets.

$APL brings a new kind of asset onchain: income-generating IP you can own, stake, and earn from.

For the complete list of assets, you can check out APL's Asset List, or check out the tokenomics at Tokenomics.

Token and Contract Addresses:

• APL: 0xfE82012eCcE57a188E5f9f3fC1Cb2D335C58F1f5

• stAPL: 0xb5461c1FD0312Cd4bF037058F8a391e6A42F9639

• Staking contract: 0x73d600Db8E7bea28a99AED83c2B62a7Ea35ac477