# Napster To Launch Its Own Token On Algorand

Veteran music streaming company is setting foot into the Web3 space as they announce the launch of their token on Algornad. The company released a litepaper that stated that the company will build its exciting streaming system on the layer-1 blockchain. The litepaper states that Algorand is th

| Fact | Value |
| --- | --- |
| Published | 1 July 2022 |

Source: https://egamers.io/napster-to-launch-its-own-token-on-algorand/