Business Model

 

FOR MUSIC NFT HOLDERS:

Anyone can stream any music from our music catalog (CATALOGU3) to generate revenue/earnings for our Music NFT Holders.

 

1. STREAM/LISTEN TO EARN DISTRIBUTION:

  • 80% of the streaming revenue is distributed to Music NFT Holders
    • This is to incentivize long term holders of Genesis NFTs
  • 20% of the streaming revenue is distributed to the INSTRUMENTALIZ3 team
    • This is used towards operational costs.

 

Note: Payouts will first be raffled into the community of Music NFT Holders only to ensure that the payout is not lower than the transaction fees associated with the distribution of the payout. Once streaming revenue grows, the payout will be distributed to all Music NFT holders. 

 

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FOR GENESIS NFT HOLDERS:

People who own a Genesis NFT by INSTRUMENTALIZ3 qualify for the following benefits:

     

    1. MUSIC NFT SALES:

    Anyone can purchase a Music NFT generated by INSTRUMENTALIZ3. The Music NFTs are mapped 1:1 to their corresponding PFP NFT Collection. 

    The Floor Price for each Music NFT will be different depending on market conditions.

     

    If a PFP Collection Partners with Instrumentaliz3 to promote the sale of Music NFTs:

    • 50% the revenue generated from initial sales is distributed to the PFP NFT Collection Partner
      • This is to encourage NFT Projects to partner and promote the music NFTs.
    • 40% of the revenue is distributed to the Genesis NFT Holders
      • This is to incentivize long term holding of Genesis NFTs.
    • 10% of the revenue is distributed to the Instrumentaliz3 team.
      • This is to cover expenses related to operational costs.

     

    If a PFP Collection does not partner with Instrumentaliz3 to promote the sale of Music NFTs:

    • 20% the revenue generated from initial sales is distributed to the PFP NFT Collection Partner
      • This is to encourage NFT Holders of NFT Projects.
    • 70% of the revenue is distributed to the Genesis NFT Holders
      • This is to incentivize long term holding of Genesis NFTs.
    • 10% of the revenue is distributed to the Instrumentaliz3 team.
      • This is to cover expenses related to operational costs.

     

    Note: 10% creator royalty fee will be enforced to further generate revenue for the team to continue building the future of music and web3. 

     

    2. ST3M STORE:

    Anyone can connect their wallet to purchase individual stems from our store, they'll be paying for each stem they purchase.

    The fee to purchase 1 stem is $1.

    • 80% of the revenue is distributed to Genesis NFT Holders
      • This is to incentivize long term holders of Genesis NFTs
    • 20% of the revenue is distributed to the team
      • This is used towards operational costs.

    Reach out to us on discord if you have more questions.