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

We are beyond happy to see the Music Video Fest tradition continued by @NucastIO ♥️ If you have a banger music video, what are you waiting for? Submit it to the MVF2026!

Music Video Fest by Nucast is proving that Cardano can power something big: CULTURE This unique digital event has already showcased how Cardano connects people through music, bringing entirely new audiences on-chain. Registration for MVF 2026 opens soon. Get ready!

Platform Distribution Has Ceased NEWM Studio distribution is now offline and automated takedowns of any remaining music on the platform have begun. The NEWM Studio dashboard will remain accessible for a limited time for royalty-related actions. Remaining royalties will be airdropped in the coming months – for more information please refer to our FAQ ↓ newm.io/sunset/#FAQ

🚨Final 24 Hours Notice  Tomorrow, NEWM Studio goes offline. If your music is still on the platform, you must migrate and request takedown now. Any remaining music will be forcibly removed from streaming services on March 31. We set out to build something better for artists – more ownership, more transparency, a fairer share. While this didn’t work out as we envisioned, we believe the foundation we built matters, and we hope others build on it to create the industry artists truly deserve🖤

ATTN Artists: T-48 Hours Until NEWM Studio Goes Offline If your music is still on NEWM Studio, you must take action today. Begin your migration and request takedown now. If no action is taken, any remaining music will be forcibly removed from streaming platforms on March 31. Head to the link in bio for the full migration guide and 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/40fd2f82c5…  📆NEWM pools will be retired on APR 4, 2026

🚨ATTENTION ARTISTS: T-5 Days Until Forced Music Takedown If your music is still on NEWM Studio and you haven’t migrated yet, you are at risk of removal from all streaming platforms on March 31. Don’t let your music go dark. Visit the link in bio for the migration guide.

🚨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: newm.io/sunset/#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/…

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/asset13q3yzeppe40sjx…

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/?)

🥺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🎵

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

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