We tokenize your Music and take it to the next level

A new business opportunity for musicians, songwriters, producers and music-related companies to grow.

A new way of monetizing your songs and maximizing your earnings.

A new model that connects artists to their public, providing the fans with ownership, involvement and unique experiences

One song, one token, one NFT.

LinkMusic and Xave come together to launch the first open call to musicians that wish to tokenize their own songs and enter the NFT market.

As a distinction to other existing offers in the market, LinkMusic and Xave propose a strict, organic and personal revision that won’t exclude any artist.

Those artists that fulfill the stablished requirements will be contacted by a team of executives and creative personnel that will guide them through the process of NFT creation and use of this new technology.

Every artist will have the same chance to apply for and participate in this program. Whether they are well-known or emerging: everyone is welcome to join us!

Let’s start…

WHAT IS AN NFT?

An NFT (non-fungible token) is a special kind of cryptographic token that uses blockchain technology and represents a virtual asset or object, it is linked to a certificate of authenticity.

An NFT is a unique item that belongs only to the buyer, he can keep it as a collectible, sell it or exchange it.

WHAT IS XAVE AND WHAT IS ITS MISSION ALONG WITH LINKMUSIC IN THE MUSIC INDUSTRY?

Xave was born with the goal of helping artists reach new markets through the use of blockchain technology. To this end, it has created its own token: Xave Coin -XVC- (www.xavecoin.io), an NFT market: Xave Market (www.xave.market) and a metaverse dedicated to music and entertainment: Xave World (xave.world).

This partnership between LinkMusic and Xave seeks to embrace blockchain technology and teach the artists how to use it in their favor. It also seeks to generate new experiences and businesses within the music industry.

WHAT ARE SONG NFTs?

Song NFTs are the result of applying blockchain technology to the audio file (WAV) of a song. The song will be available to mint as an NFT at the market and will be represented by either its own cover or an image, video or animation created specifically for the NFT.

There are two models for the tokenization of a song: the Unique NFT and the NFT Series.

Unique NFT: one NFT per song.

NFT Series: a fixed number of NFTs per song that will be determined by the artist. The NFTs will be numbered: the lower the number, the more valuable the NFT.

As a difference from other music-related projects, LinkMusic and Xave will make it possible to associate royalties to the Song NFTs, and also exclusive experiences that will be accessible to the buyer.

WHY SHOULD I LINK ROYALTIES TO MY SONG NFTs?

Assigning a percentage of the royalties from the record unit gives the NFT an extremely important additional value that boosts the commercial success of the token. Said royalties grant the NFT a rising financial value and will provide the owner with a financial income for a fixed period, aside from the NFT price fluctuation over time.

The buyer will receive these royalties in crypto (XVC) that will be sent to his wallet.

The percentage and duration of the royalties’ distribution are limited and differ from one artist to the other.

Example: The buyer receives 5% of the royalties during 2 years in quarterly payments.

WHAT ARE THE ASSOCIATED EXPERIENCES AND WHY ARE THEY SO IMPORTANT?

The experiences are a “BONUS”, a “GIFT” the fan gets access to when purchasing the NFT. Said experiences create a tighter link between the fan and the artist, a way of achieving more engagement when commercializing the token; they give the buyer an additional reason to purchase the Song NFT.

The following list shows examples of the experiences that can be linked to an NFT:

  • Collectible card (digital art). The designed is subject to the graphic art of the record album, single or to the artist.
  • VIP passes to virtual and real-life shows.
  • Exclusive live streaming.
  • Access to a unique augmented reality (AR) experience, through which the user will be able to see the artist’s virtual avatar in his own house. The 3D modeling of the artist will allow to reproduce his movements, as well as the outfit wore by him for the booklet, album cover, single, videoclip or a special design for the NFT.

5. Meet & Greet (virtual or in person)

6. Official Merchandise exclusive for the NFT.

7.Remembrance plate or certificate (silver or golden according to the profits raised) framed and signed by the artist.

8. The opportunity to listen to the artist’s next song or album before its official release.

The partnership between LinkMusic and Xave opens the doors to the constant creation of new experiences.

WHAT WILL BE THE BUSINESS MODEL AND HOW WILL THE ROYALTIES BE DISTRIBUTED?

Creating and selling an NFT at Xave Market through LinkMusic is free for the artist since the platform uses its own Lazy-Minting technology.

The use of the Blockchain requires an additional cost called “GAS FEE” (on-chain transaction fee) which will be paid by the buyer if the NFT is purchased at a fixed price, and by the artist if it’s purchased through an auction. The fees to be paid by the artist will be deducted from his earnings.

The price for each NFT will be determined through an analysis of the market and the artist, made by the teams of LinkMusic and Xave.

Royalties’ distribution:

15% for LinkMusic and Xave (per transaction).

85% for the Artist.

Important notice: Each future sale of the NFT (resale) will charged a 10% fee that will be go to the artist.

Business Models:

No-royalties model:

  • Unique NFT or NFT Series.

2. Sale type: Fixed Price or Auction.

3. Royalties:

15% for LinkMusic and Xave (per transaction).

85% for the artist, with the option of investing 50% on On-Platform campaigns. (The artist can assign a lower or higher percentage destined for marketing, or can choose not to invest).

4. The buyer gets the NFT and the associated experiences (If the NFT includes any).

Royalties Model

  • Unique NFT or NFT Series.

2. Sale type: Fixed Price or Auction.

3. Royalties:

15% for LinkMusic and Xave (per transaction).

85% for the artist, with the option of investing 50% on On-Platform campaigns. (The artist can assign a lower or higher percentage destined for marketing, or can choose not to invest).

4. The artists yields X% of the royalties for X time to the NFT buyer.

5. The buyer gets the NFT and the associated experiences (If the NFT includes any).

WHAT KIND OF ADVERTISEMENT WILL MY NFT RECEIVE?

Once the NFT model and its release date are determined, the marketing team from LinkMusic and Xave will work with the artist to design and develop a marketing plan fit to the target audience.

MY NFTs AT THE METAVERSE?

Every artist from the LinkMusic and Xave initiative has a place at “Xave World” open metaverse and will be able to show his/her NFTs at the different art galleries and markets. The artist will also enter an exclusive program for artists with numerous tools available to advertise his/her work at the metaverse and make a profit.

WHAT STEPS SHOULD I TAKE?

To apply for our Music NFTs program, go to: https://nft.lnkmsc.com/nft/

If you have any additional questions, you can contact us at: consultasnft@lnkmsc.com

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