Technology

SonX

misc.By Lee Gray
Created 12 Jan, 2022 | Pine Close, Chichester, West Sussex, England, United Kingdom GU29 0FG
  • £250,000 Required
  • Finalized
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SonX is a content platform that enables musicians to monetise and grow their existing fanbase via premium content subscriptions. Fans can subscribe to exclusive content from their favourite artists and are rewarded with NFTs for their actions on the platform, with rarer tokens providing money-can't-buy experiences and access. SonX is not a social network, and is intended as a safe space for artists to identify, engage and monetise their most active fans (or “superfans”). An NFT marketplace will enable fans to buy and sell their tokens, with a royalty of each sale being given back to the relevant artist in perpetuity. SonX will also have its own cryptocurrency, which will facilitate transactions on the platform. Artists will be given the option of withdrawing their earnings (from fan subscriptions, merch sales etc) in either fiat currency or SonX coin, but will be given a bonus for selecting the coin. Fans will also be given the same option and bonus when withdrawing their earnings from their NFT sales. Both artists and fans will also have access to staking bonuses, which will be paid on a regular basis, and based on the amount of coin held in the user’s wallet.
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