Web3 is gradually permeating every sector of our increasingly digitalized world. And the music industry, with its outdated, centralized system and over-influencing gatekeepers, does not make an exception. Decentralization, together with more power for creators and users, are the key factors in this fast-paced revolution, spearheaded by platforms like Sonorus and its innovative TrendFi system.
Sonorus is a decentralized music voting platform aiming to democratize music discovery and appreciation. Its mission is to reward music enthusiasts and artists within a fan-driven community, where music success stems from the listeners’ appreciation, not from industry gatekeepers.
Read on as we reveal Sonorus’ potential to change how we value and share music in the digital age. We also look at TrendFi and its unique power to help artists gain accurate visibility and fair compensation through direct and transparent fan support.
Sonorous in a Nutshell – Bridging the Gap between Artists and Fans
Sonorus is a decentralized application (dApp) deployed on the Binance Smart Chain blockchain – a network famous for the support of secure, decentralized projects. Beyond its technical description, Sonorus is a space where music fans do more than listen to their favorite tunes. They also vote on it, thus having a say in an artist’s popularity and success. In return, they can earn rewards and participate in a dynamic and democratic community.
Sonorus also functions as a boundless stage for musicians everywhere. Artists can showcase their creations freely to hundreds of thousands of listeners. Here, their success in the digital music industry is independent of record labels, radio stations, or booking agents. Moreover, their recognition and earnings are not conditioned by the number of plays or likes, as they do on streaming platforms. Instead, it only relies on genuine fan choices and votes reflected in a fair and transparent music chart.
The platform has a rapidly growing global user base of over 200,000. Most importantly, it has attracted the support and partnership of industry-leading brands during an earlier successful seed funding round, collectively securing $2 million. Some significant investors backing Sonorus include Hashkey, Mask, and Y2Z, among many others.
Sonorus built its mission to democratize music discovery and appreciation on 3 core principles:
On-Chain Music Voting
The Sonorus community consists of active listeners influencing a song’s position on a dynamic music chart. When an artist releases a track or a fan boosts a favorite tune, rewards accumulate as the song climbs the charts. This process creates a thriving digital ecosystem where everyone, including creators and fans, gains from a song’s prominence.
Engaging Fans in Revolutionary Ways
Sonorus proposes a transparent and trustworthy voting system in which the users’ choices shape a fair music chart accurate to the community’s preferences.
A New Landscape for the Music Industry
Sonorus operates as both an expansive music directory for audiophiles and a venue where artists can unveil their creations. A track surging in the charts will reward everyone who voted for its success. As a result, music goes beyond art and opens earning avenues for musicians and their fans.
A Closer Look at TrendFi – What Makes Sonorous Tick
Fueling Sonorus is TrendFi – a unique system combining current music trends with the power of decentralized rewards. The platform regards it as its heartbeat and the place “where your love for music meets real-world benefits.”
Here’s how TrendFi works:
Every vote counts
Every vote a song gets on Sonorus is proof of user support. It also gives the track value points for climbing in the charts. All songs start with a modest price, allowing voters to back their favorites from the very beginning.
Voting brings rewards
A song’s increasing popularity on Sonorus enables its voters, especially early supporters, to earn rewards. This way, their passion for music can bring real-life gains.
Artists get real recognition
Songs gaining more support from the Sonorus community help their creators achieve immediate recognition. It also gives them a new way to earn with their music instead of just streaming revenue.
Song performance mirrors community trends
A song’s advance on Sonorus comes from active fan support, not from the number of plays or record sales. Therefore, its popularity may fluctuate, but it accurately reflects the audience’s excitement.
The democratization of music discovery
Sonorus seeks to democratize music exposure by empowering fans to nominate songs for the platform. This way, less-known or undiscovered artists can emerge and gain more supporters.
Reshaping the Digital Music Landscape
Sonorus uses blockchain technology and Web3 to decentralize the music landscape. It eliminates obsolete third parties, including broadcasters, streaming services, and record houses, to empower artists and fans in co-creating the future of content interaction.
The platform does not host or stream content directly. Instead, it operates like a comprehensive directory for the latest music trends where artists can promote their creations and fans have their say about them. The Sonorus community’s votes dictate each track’s popularity, clearly representing what the world thinks about it. Any song can rise or fall depending on fan support and their genuine appreciation. In return, this is reflected in the rewards artists and fans receive.
TrendFi helps build this symbiotic relationship between music lovers and artists, where song charts reflect genuine community choices. Musicians discover new ways of connecting with their fans and earn accurate rewards and recognition for their creations.
Simply put, Sonorus is building a future for the digital music landscape that’s fair and rewarding for every participant, whether a creator or an active fan.