Discover how Sound.xyz is changing the music industry with its open-access NFT platform. Now, artists can sell their music directly to fans, challenging traditional revenue models. With user-centric tools, easy uploading, and notable backing, Sound.xyz supports artists, ensures 100% earnings, and changes up the music landscape.
- Sound.xyz is changing the music industry by opening its NFT platform, allowing artists to sell music directly to fans. Also, it challenges traditional revenue models and supports artists to set prices and maximize earnings per fan.
- The platform’s user-centric model is inspired by the gaming industry’s success. Therefore, making it easy for artists to upload music and for fans to support them using email and credit cards. What’s more, artists do not require prior Web3 experience.
- With $20 million in funding and support from notable figures like Snoop Dogg and Ryan Tedder, Sound.xyz ensures artists receive 100% of earnings and retain full ownership of their music rights. It provides instant and clear revenue transfers, changing the traditional music industry’s delayed royalty systems. Sound.xyz represents the future of music in the crypto and Web3 era, focusing on artist empowerment and democratization.
Sound.xyz Revolutionizes the Music Industry
Web3 music brand, Sound.xyz, is changing up the music industry by giving open access to its NFT platform. After operating as a closed and curated platform since its launch in 2022, it is now focusing on making Web3 music more interactive and accessible.
Artists can sell their music directly to fans using Sound’s unique tools. Furthermore, the platform aims to empower artists, by letting them set prices and maximize revenue per fan. This challenges traditional revenue models which platforms and labels usually use.
With the recent announcement, Sound.xyz is opening up to the public, offering a user-centric model inspired by the gaming industry’s success. As a result, artists can easily upload their music and fans can support them using their email and credit card, without needing prior Web3 experience.
Sound.xyz’s NFT-centric approach has already helped artists generate revenue equivalent to 1.6 billion streams, passing achievements on major streaming platforms. The platform also strives to become the go-to place for music discovery on the internet.
Sound.xyz has secured $20 million in funding, led by a16z crypto, with contributions from notable figures like Snoop Dogg, Ryan Tedder, and Tay Keith. Artists on Sound.xyz receive 100% of earnings and retain full ownership of their music rights. Moreover, the platform provides instant and clear revenue transfers, which is the opposite of the traditional music industry’s delayed royalty systems.
Finally, Sound.xyz is now open to all artists, giving a simple and code-free process for releasing music NFTs. By focusing on artist empowerment, revenue transparency, and democratization, Sound.xyz represents the future of the music industry in the era of crypto and Web3 technology.