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Skyhitz

★3.4
💬15
💲Free

Skyhitz is a decentralized platform that enables artists to monetize their music through NFTs, while allowing fans and collectors to invest in and interact with music NFTs. Built on blockchain technology, it uses smart contracts to ensure transparent revenue sharing and recurring payments for artists based on streams, likes, and downloads.

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Platform
web
Blockchain musicDecentralized musicMusic NFTsMusic investmentMusic ownershipMusic streamingNFT marketplace

What is Skyhitz?

Skyhitz is a decentralized platform for music NFTs, streaming, and investment. It allows artists, collectors, and fans to discover, stream, and invest in unique tracks using blockchain technology. Powered by smart contracts, the platform ensures transparent monetization for artists and provides fans with access to exclusive music. Skyhitz aims to redefine music ownership and accessibility by giving artists full control over their creations.

Core Technologies

  • Blockchain technology
  • Smart contracts
  • Stellar’s Soroban smart contracts
  • NFTs
  • Decentralized platform

Key Capabilities

  • Music NFT marketplace
  • Transparent monetization for artists
  • Music streaming and interaction
  • Dynamic chart driven by APR
  • Music wallet setup

Use Cases

  • Artists can submit and sell music NFTs for recurring income
  • Fans can purchase fractions of music pieces or own entire tracks
  • Collectors can invest in music NFTs and benefit from future earnings
  • Users can stream and download music NFTs without purchasing them

Core Benefits

  • Artists earn recurring revenue from streams, likes, and downloads
  • Fans can invest in music NFTs and earn future revenue shares
  • Transparent and fair monetization for creators
  • Low transaction fees using Stellar's Soroban smart contracts
  • Easy account setup with just an email

Key Features

  • Music NFT marketplace
  • Smart music contracts
  • Decentralized platform
  • Transparent monetization for artists
  • Music streaming and interaction (likes, downloads)
  • Music wallet setup
  • Dynamic chart driven by APR

How to Use

  1. 1
    Create a free account with just an email
  2. 2
    Set up a digital wallet to interact with music NFTs
  3. 3
    Discover, stream, and invest in music NFTs on the platform
  4. 4
    Artists can submit music NFTs for review and listing

Frequently Asked Questions

Q.I'm a music creator. How can I get involved?

A.Through the Skyhitz landing page, you just need your email and a link to the NFT. Skyhitz will review it, and if accepted, you'll get rewarded.

Q.On which network are you based?

A.Skyhitz is powered by Stellar’s Soroban smart contracts.

Q.Do I need a wallet?

A.Yes, you need a digital wallet to interact with music NFTs on the platform. Skyhitz makes music wallet setup easy with just your email.

Q.Can I simply enjoy and listen to music on the platform without purchasing MFTs (Music NFTs)?

A.Yes, you can stream music NFTs on the platform.

Pros & Cons (Reserved)

✓ Pros

  • Transparent monetization for artists
  • Direct connection between artists and fans
  • Innovative use of blockchain technology
  • Potential for fans to earn rewards for participation
  • Low transaction fees using Stellar's Soroban smart contracts
  • Easy account setup with just an email

✗ Cons

  • Relatively new platform, so adoption may be limited
  • Requires users to understand and engage with NFTs and blockchain technology
  • Success depends on the quality and appeal of the music NFTs available
  • Technical challenges during live performances

Alternatives

No alternatives found.