🔊Cultural Music-Fi

Services Offered for Legacy Artists: Use Case 🎧

Introducing SOUND MONEY: Cultural MUSIC-FI for Artists

Sound Money is revolutionizing the music industry by providing a new channel where legacy artists can retain most of their profits through the use of Bitcoin. Traditionally, an artist would need about 450 million streams across all platforms over 10 years to break even on their investment. With Sound Money, this paradigm shifts, offering a more lucrative and direct way for artists to monetize their work.

Social Tokens Backed By Real World Assets

Sound Money introduces social tokens that are backed by real-world assets, providing tangible value and security. This approach ensures that both artists and their fans are investing in something with real, enduring value.

Use Case: MIMS

Distribution Feature 💿

MIMS, a renowned artist, can now leverage Sound Money to create a direct-to-fan channel built on Bitcoin. This innovative platform allows MIMS to retain the majority of his profits while offering fans the opportunity to invest directly in him. Here’s how it works:

1. Artist Tokens:

   • MIMS issues social tokens backed by his real-world assets (royalties, publishing, licensing, etc.).

   • These tokens provide a direct investment avenue for his fans, creating a stronger connection and a sense of shared success.

2. Direct-to-Fan Channel:

   • Sound Money offers a new distribution model where fans can purchase MIMS's music, merchandise, and VIP experiences directly using artist tokens.

   • This eliminates intermediaries, ensuring that MIMS retains a larger share of the profits.

3. New Music Access and VIP Experiences:

   • Fans who hold MIMS’s tokens get exclusive access to new music releases before anyone else.

   • Token holders can also access VIP experiences such as backstage passes, meet-and-greets, and exclusive merchandise.

Advantages for Artists

• Higher Profit Retention: By cutting out traditional intermediaries, artists like MIMS can retain a significantly larger portion of their earnings.

• Fan Investment: Fans become more than just listeners; they become investors, fostering a deeper connection and loyalty.

• Real-World Asset Backing: The use of real-world assets to back social tokens provides stability and security, making the investment more appealing to fans.

• Cultural Relevance: Sound Money’s approach resonates with the culture, aligning financial success with artistic influence and legacy.

Advantages for Fans

• Investment Opportunities: Fans can invest in their favorite artists, sharing in their success.

• Exclusive Access: Token holders get early access to new music and exclusive VIP experiences.

• Value Retention: Social tokens backed by real-world assets ensure that fans’ investments hold tangible value.

By adopting Sound Money, legacy artists like MIMS can create a sustainable and profitable direct-to-fan model, transforming their financial landscape and deepening their connection with their audience. This innovative approach not only benefits artists and fans but also sets a new standard for how music can be monetized in the digital age.