Admittedly, the weather is not favorable for the cryptocurrency market. However, the imagination of enthusiasts did not stand aside. It is in difficult situations that the human capacity for recovery can be assessed. Then there is nothing surprising about the appearance or renewal of the concept of Listen-to-Earn, which you will discover thanks to the new project SoundTopia (SOUNT).
Listen-to-Earn: listen and earn
Enter the term “listen to earn” in your browser and you will see a list of websites. The latter allocation of addresses encourages this practice. A brief overview of these sites will help you understand the principle: create a community of musicians and music lovers. The interaction will promote the artists and generate rewards for them (in bitcoin or Amazon gift cards).
For enthusiasts, Listen-to-Earn will be a logical extension of the popular Play-to-Earn, Move-to-Earn and Fan-to-Earn games. These are DeFi concepts that make it easy to get cryptocurrencies. These are exciting new ways to get rich!
Some of the most famous Listen-to-Earn projects in the industry include Current Media, Audius and Decibel. The latter, a partner of Clubhouse, promises listening and crypto profits for discussions. In contrast, Current Media (CRNC) encourages people to listen to music.
L2E is a new way to revitalize the music sector by increasing the income of creative artists. Also, it won’t have to go through banks and it will incentivize listeners through interesting assets.
SoundTopia newborn L2E
Having discovered the concept of Listen-to-Earn, the developers of SoundTopia wanted to create a real music ecosystem. The latter will offer cryptocurrency (SOUNT) rewards to its community based on musical experience.
Like STEPN’s Move-to-Earn (M2E) project, SoundTopia will only be available with an NFT headset. This will allow the listener to listen to music everywhere and get rewarded.
Please note that SoundTopia is currently only available online. The pre-alpha version of his app is under development. For this third quarter of 2022, the company has scheduled a launch sale, a sale on the Pinksale launch pad, a public sale on Pancakeswap, and a listing on CoinGecko and Coinmarketcap. In the 4th quarter, the developers planned to launch sales of NFT headsets and the Beta version of the application.
SoundTopia has the advantage of inducing HODL through the Hold-to-Earn mechanism. SOUNT holders will be entitled to 3% on every transaction.
In short, we are witnessing the emergence of breakthrough concepts such as Listen-to-Earn that can restore the image of the crypto-blockchain universe. Again, crises are temporary and should not stop bitcoiners and crypto enthusiasts from moving forward.
Sources: Soundtopia; Crypto Asker; middle; Technori
Get a digest of news from the world of cryptocurrencies by subscribing to our new daily and weekly newsletter so you don’t miss any important Cointribune news!
Blockchain and crypto revolution is in full swing! And on the day when the blows are felt on the most vulnerable economy of this World, against all hope, I will say that I had something to do with it.