Jay Z's Tidal is ready to make a splash in the live music space.
The streaming service is gearing up for its first-ever concert event, dubbed TIDAL X: 1020, with an all-star lineup of more than 17 artists including Beyonce, Jay Z, Nicki Minaj, Usher, Prince, Lil Wayne, T.I., Fabolous, Damien Marley, Thomas Rhett and more. The event is set for Oct. 20 at Barclays Center in Brooklyn, New York.
WATCH: Jay Z Unveils Tidal With a Starry Press Conference
Tickets, which will range from $74 to $244, will go on sale for Tidal members on Wednesday, Sept. 30 at 12 p.m. ET, and for the general public on Friday, Oct. 2 at 12 p.m. ET. All funds collected from ticket sales will be administered by New World Foundation on behalf of Tidal.
According to the organization's website, New World Foundation builds partnerships with philanthropic allies who "value the essential truth that the people who suffer injustice are crucial to overcoming it."
WATCH: Nicki Minaj and Beyonce Give Us 14 Good Reasons to Subscribe to Tidal
An insider at the event echoes that all proceeds will "benefit nonprofit organizations dedicated to advancing positive community relations and effecting systemic change for the development and sustainability of just societies, this inaugural event's philanthropic focus."
Fans who can't make it to the show in Brooklyn will be able to watch the whole thing streaming live on Tidal, for both members and non-members of the service, free of charge -- though viewers can make donations while watching the livestream.
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Ever since debuting Tidal in a bizarre, but star-studded, press conference back in March, much has been made about the pros and cons of Jay Z's new business venture. ET digs deep on how Tidal will impact the way we stream music in the video below.