Introducing Sound Swap.
One-click collect & sell your favorite songs.
1️⃣ Collect at any time.
2️⃣ Price changes as songs are collected or sold.
3️⃣ Instantly sell at the current price.
More details below 👇
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Sound helps artists:
1) make money on their music
2) reach as many people as possible
Sound Swap allows for a song to reach a larger audience and rewards collectors for being early.
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With Sound Swap, collectors can one-click buy and sell any song.
Instead of limiting songs to a supply of 25 editions or a 24-hour open edition, Sound Swap enables songs to grow over time while rewarding early collectors.
Here’s how it works
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1. Primary sale
Songs start with a 24 hour Open Edition at 0.005 ETH.
Music should be inclusive, and a lower mint price means that more can afford to participate.
The Golden Egg is revealed after the primary sale ends – meaning you had to be there early to win.
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2. Collect on Sound Swap.
Now you can mint after the primary sale, giving you more opportunities to collect.
With each edition collected, the price of the next edition increases and a portion of the proceeds are stored in a liquidity pool.
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3. Instant Sell
Sell your editions at the current price.
Each additional mint enables liquidity for one sale.
The price decreases with each sale.
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In the Primary Sale:
- 95% goes to the artist
- 5% goes to Sound
With Sound Swap:
- 90% stays in the liquidity pool
- 7.5% goes to the artist (like secondary sales today)
- 2.5% goes to Sound
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We’re excited to debut Sound Swap with
@reocragun
and his new song, “Spent”.
24-hour Open Edition at 0.005 ETH starts on 3/28 @ 4PM EST.
Sound Swap starts at 3/29 @ 4PM EST.
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This is the first of many features aimed towards a more sustainable culture around releasing & collecting music.
We’re excited to continue building tools that help artists monetize their music and maximize their reach.
Read more in our blog post.
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