Frequently asked questions
Solbox is a decentralized Web3 music streaming platform built on the Solana blockchain. It enables artists to mint their songs as NFTs and earn revenue through staking these NFTs, while listeners and sponsors can engage in meaningful ways, such as creating branded playlists and events, and earning rewards.
To make your song available for streaming, you’ll need to mint it as an NFT and then stake it on the Solbox platform. Once staked, the song becomes available for streaming. If you no longer wish to have the song streamed, you can simply unstake it, and it will be removed from the platform.
Artists earn revenue when their NFTs are staked for streaming. They receive 50% of the revenue generated through the platform, including rewards from leaderboard achievements, streaming time, and community engagement.
Listeners can earn rewards by streaming music, participating in playlists, and engaging with their favorite artists. Solbox allocates 20% of the revenue pool to listeners, rewarding them for their streaming activity and community involvement.
Yes! Solbox is designed to empower independent artists. By bypassing traditional record labels, artists have direct control over their music and earnings. Solbox also focuses on discovering new talent and providing exposure through leaderboards and community engagement.
Solbox integrates a discovery system for new and upcoming artists. Through genre-based and global leaderboards, artists can achieve milestones like gold, platinum, and diamond standards, depending on their song’s streaming success and community engagement.
Solbox supports the use of Solana (SOL) and USDC for all transactions. These tokens are used for staking NFTs, rewards, and other financial activities on the platform.
Sponsors and partners can collaborate with artists and listeners to create branded playlists and sponsor events. This provides new revenue streams and enhanced audience engagement, with strategic opportunities to connect with the music community.
Yes, artists can unstake their songs at any time if they no longer want them available for streaming on the platform. Once the NFT is unstaked, the song will be removed from the streaming library.
Solbox is decentralized, empowering both artists and listeners with rewards. It bypasses traditional record labels, offering artists more control and revenue. Solbox also emphasizes talent discovery, ensuring emerging artists have a platform to shine, and listeners are rewarded for their active participation.