😞 Web2 streaming sucks.
BAD algorithms.
The popular get more popular.
It is SO hard for new artists to break in.
😞 Web2 distribution sucks.
A close friend of ours said she would rather give out her music for free to fans than let Spotify or YouTube take it.
A family member started his music career last year after graduating college, and he made less than $10 in total by selling 8 tracks to aggregators like CD Baby. He was assailed by self-doubt and almost gave up his lifelong dream.
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/d68a0da3-7db1-48cf-ab80-470f178af49a/sonadia_icon.jpg" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/d68a0da3-7db1-48cf-ab80-470f178af49a/sonadia_icon.jpg" width="40px" /> These stories break our hearts. And this is why we created Sonadia, for people who are important to us — friends, families, and YOU.
</aside>
Hi there, this is Jiayi, founder of Sonadia. TL:DR? Watch this video!
Hi there, this is Jiayi, founder of Sonadia. TL:DR? Watch this video!
A dream you dream alone is only a dream. A dream you dream together is reality.
— John Lennon
🎵 Musicians - what
🫶 Fans - a new format of engagement.
📃 Record labels - NFTs as a new form of sales.
💫 Music, Web3, NFTs…
🎧 listen to earn nifty & utility-based rewards
🥰 ROYALTY = LOYALTY!
We believe that streaming should be less prescriptive and more interactive.
Our business model incentivizes listeners to stay engaged and curious.
We help musicians streamline content publishing and royalty distribution with smart-contract-enabled tools.
So they earn the share they rightfully deserve from initial sales and subsequent resales.
All rewards are utility-based NFTs and tie back to artists themselves and real-world assets.
Music is not a security. Sonadia uses NFTs to enhance the music streaming experience, not to replace it.
Fans could meet fellow music enthusiasts through earning and trading.
This creates a network effect that allows indie artists to tap into different demographics.
In other words, the value of community increases as engagement increases.
Founders
☕ Jiayi - chief visionary
🍕 Waz - chief architect
Music
🥯 Rick- industry expert
Dev
🔮 Dana - happy Lego player
🍔 Yusuf - buff nerd
Tech
🧬 Polygon (link)
Institutions
🎓 Yale School of Management (link)
Investors
🦄 Tsai Center for Innovative Thinking at Yale (link)