DCentralize announce plans for the UK's first Web3 electronic music festival

"DCentralize is utilising the forces of Web3 to change how we all live our lives..."

DCentralize are launching a UK-based Web3 electronic music festival with the goal to empower artists and social change through a decentralised ownership model.

Set to take place on August 14-16 2023 at the grounds of Prestwold Hall Estate in Loughborough, DCentralize will put the power back in the hands of the music community by transitioning into a DAO (Decentralised Autonomous Organisation), enabling token-holders/DAO members to participate in the management and decision-making of the festival in a fair and transparent way. This will include everything from lineups, stage design, festival expansion and more.

Speaking about the ambitious new project, founder Ian Kerr says: “DCentralize is already flying the flag for our beliefs. We work as a core community of professionals from the worlds of Web3, cryptocurrency, event management, travel, music, art and more. Working in a decentralised model means that the community can overcome the constraints of tradition being supported by a network of specialist advisors.”

The live event will be streamed simultaneously in a custom-built metaverse hosted by Passage and is set to bridge the gap between music and technology using the latest Web3 technologies.

Andy Raisen, Head of Community Engagement, commented: “DCentralize is utilising the forces of Web3 to change how we all live our lives, helping to build a better world that’s open to all, and where you can have a real influence on the cultural movements that matter most to you.”

Line-up announcements are expected to be made in the coming months. Register to become a DCentralize member here.