OnChain Tools for Music Artists

Hey crew,

A warm welcome to the new members that joined Onchain Entrepreneur.🤝

So psyched to share some thoughts with you today. We’re diving into ‘on-chain tools for music artists.’

Look, traditional paths to success are getting flipped on their heads thanks to decentralized tech. As artists, the game’s changing — big time. You’re not just stuck with old ways; now, you can tap into killer innovations to make your mark, share your tracks, and actually profit from your tunes.

Let’s chat about music NFTs. It’s one of the craziest shake-ups in the space. You can mint your music as unique digital assets on the blockchain. It’s a game-changer for keeping your music authentic and yours. Plus, you get royalties straight from the sales and resales of your NFTs. No more waiting months for a cut through middlemen. Blockchain means you get paid fast and fair.

Now, let’s get into some epic decentralized apps leading this revolution.

• Artists can earn directly from their music

• Users can earn from curating and sharing popular playlists.

• Fans and collectors help promote artists.

• Artists can obtain funding for their projects.

• Fans can support their favorite artists by collecting music NFTs

• Users can discover new music and become tastemakers

Sound is not just a platform but a revolutionary set of tools designed to reshape how music is discovered, supported, and monetized. 

For artists, it offers a direct pathway to their audience and fair compensation. For fans, it provides the power to influence and shape the music landscape. By turning listeners into tastemakers, Sound creates a more dynamic and equitable environment for all stakeholders in the music industry.

The founder said it best:

Sound turns listeners into tastemakers, not just pushing the brand. It’s all about tools to empower both artists and listeners, making every listener a tastemaker who can help drive traffic to artists. No more big companies deciding who gets to shine.

• Artists can easily tokenize their songs, creating tradable song coins.

• Fans and collectors can invest in their favorite songs by buying song coins.

• Artists earn 0.5% from each trade of their song coins
  Crate creates a market for music NFTs where song coins can be bought and sold.

Welcome to Crate! As an artist, Crate allows you to unlock a global marketing army. Your song holders — those who’ve invested in your tracks — will share your song, create memes, and generate content, all to make it go viral. This grassroots marketing approach pushes your music far and wide.

During the funding stage, you get 9% of every purchase, giving you immediate financial support. Once the song is out, you keep earning a small fee on all trades forever, giving you a steady income stream.

So, what’s Crate? It’s a decentralized marketplace where anyone can trade music. Every song launched on Crate has its own coin, which can be bought, sold, and traded, creating a dynamic market for your tunes.

• Collect unique music NFTs, which can be traded or sold on secondary markets.

• Create and manage playlists of your favorite music NFTs

• Users can directly support their favorite artists, by purchasing music NFTs.

• Explore a growing library of music NFTs minted on various supported marketplaces

Spinamp is changing the game for music discovery, curation, sharing, and listening. It’s like a public library of artists and their minted music collections. The secondary NFT market? It’s seriously valuable. Fans can trade and resell music NFTs, bumping up the original value.

Decentralized platforms like Spinamp offer robust tools for direct engagement with fans.

If you own a music NFT, you become part of an exclusive community with special access to content, events, or even personal interactions with the artist. This builds fan loyalty and lets artists create a dedicated fanbase without traditional gatekeepers.

But it doesn’t stop at selling music NFTs. Artists can drop limited editions, exclusive tracks, and collectibles. Smart contracts make sure artists get a piece of every future sale, keeping that revenue flowing.

Final thought…

The transition to onchain tools and decentralized platforms represents a significant shift in the music industry, offering artists unparalleled control, transparency, and opportunities for engagement and revenue.

You might want to keep an eye on Maester.xyz , @maester_xyz to stay updated on all innovative consumer crypto platforms that will enable you to participate, contribute, and prosper.

Catch you on the decentralized side!! ☀☀