Protocol Rewards for Artists
Whether itโs free or paid. Hereโs how it will work?
Free Mints (Forever Editions & Free Limited Editions)
Artist: 0.000555 ETH
Platform: 0.000222 ETH
Paid Mints (Paid Limited Editions)
Artist: 0.000222 ETH + 100% of sales proceeds
Platform: 0.000555 ETH
Artists still keep 100% of sales on paid limited editions.
๐ผ Protocol Rewards for Curators ๐ผ
Curators have always been at the heart of music whether it's blogs, playlist makers or content creators. Even sharing music with friends. Everyone is a music curator.
What if you could earn $1+ for every song you refer?
We're changing curator rewards from a % share to a flat cut at the protocol level. If someone buys a song through your referral link, we reduce Soundโs platform fee to give to the curator. The result is almost a 10x increase in rewards for sharing music on most mints. Hereโs the breakdown:
Free Mints (Forever Editions & Free Limited Editions)
Curator fee: 0.000222 ETH
Paid Mints (Paid Limited Editions)
Curator fee: 0.000555 ETH
Itโs important to note that all curator fees are taken out of Soundโs platform fee. Artists are not losing anything when a curator shares their music.
Check out Outlaw Josie Wells on sound.xyz
๐ Whatโs Next? ๐
We have a chance to change the way that music platforms operate.
Although we are always experimenting and this format could change, we're committed to bringing our most loyal creators, curators and community members with us.
Weโd love to hear your thoughts and feedback. Join the discussion on Twitter.
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