Frequently Asked Questions (FAQ)


Common

No. Since these traditional distribution companies are not distributing your music to blockchain related sites, you are free to work with OnChain Music. There will not be any conflict.
We distribute music specifically to blockchain music streaming platforms. We represent Artists, Bands, DJs, Singer Songwriters, and Record Labels. We also handle all of the administrative backend so you can continue to focus on being creative.
Yes. Please sign up, or contact us to get started.
There isn't any upfront fee for us to distribute your music. We simply retain 15% of gross revenue earned. We pay you 85% of the royalties.
We collect all of the revenue, and then distribute your earnings every month. If your blance is over $25, you will be paid in either fiat (USD, Euro, etc..) or cryptocurrency. It's up to you. In the future, we hope to set up micro payments so you will be paid daily.
We are open to all styles of music. However, intially, we want to release Artist driven music, such as bands, singer songwriters, and Artists.
No, you do not need to be affiliated with a PRO. (For those of you unfamiliar, examples of PROs are ASCAP, BMI, PRS, GEMA...)
We will do what we can to get the word out, but as an Artist or Record Label, it's important to continue engaging with and building your audience.
Sign up, and then proceed to our Upload Music page.
Basically, we'll need:
1) Account activation. Simply sign up!
2) Mp3s that are at least 320 kbps and 44.1 KHz
3) Cover art for each album
4) High quality picture of the Artist or Band
5) Any meta data you have for each song (description, keywords, etc...)
Afterwards, we will send you our agreement for signatures.

Token Questions

The OnChain Music token is a hybrid cryptocurrency combining characteristics of being a utility, governance, and revenue share token. People who either hold or stake will have access to our revenue share program, voting, snapshots, airdrops, NFTs, and more. If you are an Artist that is signed to our roster, you also have the potential of increased royalty payouts. We are not doing an ICO, or pre-sale. The $MUSIC token does not inherently have any value and will be used as a utility and governance token. Please do your own research prior to making any investments.

NFTs

NFTs are Non-Fungible Tokens. Essentially, they are digital collectible items that can be traded on the blockchain. Artists are using NFTs to sell unique songs, artwork, and even exclusive access to backstage. For a more in-depth review, check out this article by CoinDesk.

And here is an article about the Deadmau5 NFTs.

Payments

Each time someone streams or downloads your music from one of the blockchain music platforms, you will earn cryptocurrency. These tokens will remain in your wallet until the value reaches at least $25, and then we will either transfer the tokens to you, or pay you in fiat (USD, Euro, etc...)
We will collect as much information about your streams and share this data with you. Currently, there isn't a way for you to log in directly to see your statements. We believe in 100% transparency, so you'll see what we see.
This might be a feature we enable in the future.

Referral Program

Currently the referral program is on hold. We will send out an email if we decide to start this again.

My Account

Once logged in, click on your Name in the top right of the website, and then click on Account Settings. On this page, you can update your profile, including your password. At this time, you cannot change your User name.
This feature is available on your Account Settings page. Please keep in mind, the image size must be less than 1MB, an image file (such as PNG or JPG), and a unique file name.
When you first sign up, your Artist Name is also assigned to your User Name. And then your User Name is used for your unique referral url. At this time, you are not able to change your User Name.

If you are just getting started and need a cryptocurrency wallet or exchange, we recommend Coinbase. You can easily sign up using our referral link: https://www.coinbase.com/join/kopec_y

Or, sign up to Voyager.

In additonal, you can also sign up to Binance US.

Only 1 exchange is needed. Please do your own research when deciding which exchange to use.

Further Reading:

Blockchain Beach - Solutions for the Music Industry