Artists Rewards Mechanism
How do artists/creators been rewarded
Last updated
How do artists/creators been rewarded
Last updated
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.