Tidal will hold its first ever concert and it’s going to be filled with some of the biggest names in the music industry.

The concert event, titled “Tidal X: 1020 Amplified by HTC,” will be headlined by music A-listers such as Beyonce, Jay Z, Nicki Minaj, Prince and many more, Entertainment Tonight reported. The star studded concert will be held on Oct. 20 at the Barclays Center in Brooklyn, New York. 

Concert tickets went on sale for Tidal members Wednesday wherein ticket prices range from $74 to $244. For the general public, the “Tidal X: 1020” sale will start on Friday, Oct. 2. 

The proceeds from “Tidal X: 1020” will go to charities affiliated with the New World Foundation. An insider told Entertainment Tonight that the concert 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."

Other stars set to perform at the concert are Lil Wayne, Damian Marley, Indochine, Thomas Rhett, T.I., Fabolous, DJ Cipha Sounds and DJ Reflex, according to People. Tidal acts such as Alessia Cara, Bas, Benjamin Booker, Flatbush Zombies and Justine Sky are also confirmed to join the concert. 

Jay Z, who acquired Tidal earlier this year, also took to Twitter Tuesday to provide a teaser about the upcoming “Tidal X: 1020” concert. Jay Z wrote, "Nothing real can be threatened, nothing unreal exists' Tidal is platinum. 1,000,000 people and counting. Let's celebrate 10/20 Brooklyn."

"Tidal X" is just one of the company’s many initiatives to help young artists build connections with fans and other musicians, stated Rolling Stone. The streaming service company has introduced Discovery and Tidal Rising, as well as hosted special shows to promote this advocacy. In May, Jay Z hosted a special concert for Tidal members and even featured Jack White’s acoustic tour in April which was streamed exclusively on the site.

Meanwhile, fans who will not be able to catch the live "Tidal X" concert in New York can still watch it via live streaming. The service will be available for members and non-members on Tidal and HTC websites.