MetaBoom Whitepaper
  • Executive Summary
  • Overview
  • Why MetaBoom
    • Current problems of web2 and web3 music space
    • Solutions and what we try to achieve
    • The actors in web3 music industry
    • The Value-Flow
  • Listen 2 Earn
    • FAITH points
    • MMU token
    • DJ Rewards Mechanism
    • Junkie Rewards Mechanism
    • FAITH-MMU Converter
    • Artists Rewards Mechanism
    • Sign-up Reward
  • Token
    • MMU Utility
    • FAITH Utility
    • The Conversion between FAITH and MMU
    • NFT Pass (Staking)
  • MetaBoom expansion
    • Earning power
    • non-earning related
    • Collabration with web3 partners
  • Tokenomics
    • Toke Supply
    • Token Distribution
  • Token Sustainability
    • Revenue
    • Treasury Pool
  • Gamification Elements
  • Social-Fi Elements
  • MetaBoom DAO
  • Roadmap
Powered by GitBook
On this page
  1. Listen 2 Earn

Artists Rewards Mechanism

How do artists/creators been rewarded

PreviousFAITH-MMU ConverterNextSign-up Reward

Last updated 2 years ago

Music creators / artists are, with no doubt, one of the most important actors in the whole web3 music eco-system. They create music that change our lives, comfort us during our down times, and dance with us when we are celebrating.

With our MetaBoom protocol tokenomics design, the most obvious benefit for artists is that they get to sell their music NFTs to a wide community that is constantly looking for music NFTs, and actively share their music to the world.

On top of that, the token allocation will dedicate a 5% artists reward pool that is dedicate to support artists who contribute a lot in the eco system.

The artists reward pool will be spent on following items (include but not limited to) :

  • Purchase music NFTs

  • Subsidize artists' music NFT drops

  • Sponsorship for music artists' metaverse concerts

  • Any other events that is beneficial to music NFT artists.

The get to decide the allocation of artists reward pool, both inflow and outflow.

MetaBoom DAO