Dear Valued Recoroad Users,

We hereby formally announce that Recoroad will cease operations with immediate effect. This decision has been made after careful consideration by management, and we extend our most profound apologies to all musicians, clients, users, and community supporters.

Drawing from our extensive experience in music business and technology, Recoroad dedicates to advancing market transparency, operational efficiency, and equitable compensation for musicians through our collaboration platform and IP NFT services. While the project has not achieved its intended objectives, we remain deeply grateful for the support and trust extended by all musicians and clients throughout this period.

We extend our sincere wishes for your continued success and excellence in your musical endeavors.

Yours faithfully,
Recoroad