Primary sales of tokens are the most disruptive use case of blockchains. These sales as fundraising are also the most critical driving force of a new market. For examples, network tokens for funding protocols in 2017 and 2018, governance tokens for decentralized finance in 2020, non-fungible tokens for community engagements in 2021, and land tokens for Metaverse games in early 2022. We claim that NFT mints for artists, musicians, writers, athletes and performers will soon dominate the Web3 market as the creator economy. These mints are mostly intended for true fans to be funding creators with social collectibles rather than for secondary sales or speculative investments.

🪘Market-Product-Team Fit with Utility NFT for Creator Economy

🎏Music NFT: Access, Social, Livestreams

Fans’ Actions

• Phone numbers and short messages (SMS) as authentication (multiple browsers): $0.001 per message, no email, no password.
• $10-$100 Fiat buys: prompt and save credit info via Simplex or Sendwyre
• Fast onboarding and engagement: 30 seconds in person
• Notification: biweekly news and offers via SMS

Creators’ Actions

• Check Balance: 90% stablecoin (fiat) + 10% in 1-year locked ONE tokens – like limited liquidity or safety deposits as take-rate
• Convert USDT and transfer USD to bank
• $100 per 100 true fans for $10k NFT sales
• Digital collectible (NFT) + $10 merchandise at event (or 4 month shipping)

Industry Partners

• As a showcase for UX, usable to embed in other partner apps
• Event-driven engagement at venue: use QRCode to have drop NFT with 100s fans
• Remove dependencies from Timeless 1Wallet & MadNFT or other marketplaces

Venues’ Actions

• Much later: Login for Gated-access, Playing music on web, Event ticketing, Proof-of-Attendencce
• Rate limiting: location, time, quota and referral

Technology

• SMS → URL → Mobile web local generation and verification
• Homepage only display a list of NFT, no stored token or fiat values
• Use direct Harmony Network API, no proxy or relay or hosted server
• Support Mobile Web (Safari storage 7-day expiry), desktop browser
• Open source, clonable, will be fully developed via Timeless 1Wallet

Implemetation

• Trustless generation and storage of keys via local mobile web clients
• Gas fees all included for fans and creators for later actions
• QRcode with graphics
• No IPFS/arweave dependencies, vector graphics
• Not beore 9/1, Optional: 2-out-of-3 multisig with Hashmash’s wallet or Gnosis API

📅 Schedule

• Minimal Demo on Mainnet launch by 7/12 Tue?
• $100K mints of 10K NFT by Q3?

AVOID dependencies

• marketplaces: only mobile minting, no support for resales
• full wallets (1wallet or metamask): avoid integration, pass-phrases or passwords
• NFT designs: avatars, dynamic generation, 3d models

Technical Team

June Deliverables

• 🌀 Bruce Darcy 🏏: Arbitrary message passing, NFT bridging support, Fee and incentive model for relayers. 80/40/60%
• 📱 Tejassvi Kaushal 🏏: Bitcoin bridge staking, Staking testing, Vault retire. 95/95/10%
• 🐙 Sergey Karasev 🌻: Trustless bridge frontend (statistic & relayer list), Staking dashboard (elected slots), Process Bitcoin bridge statistics (assets, daily user stats). 10/50/100%
• 🚎 Artem Kolodko 🎸: Trustless Ethereum Bridge Client (UI components, styles), Multisig Staking support, Block Explorer features. 10/100/40%.
• 🌻 Yuriy Menkov 🏏: Migrate Horizon bridge to trustless (traffic & frontend), BTC bridge staking update (sdk & frontend), Implement Bitcoin Bridge features to frontend & vaults (retire & replace) 60/85/85%
• 🎸 Jenya Piskunov 🏏: Ethereum bridge relayer client, Ethereum bridge relayer management portal, Ethereum bridge statistics dashboard. 45/30/60%
• 🧑‍🍳 Victa Phu ☁️: Contract verification shard 1, Block explorer API implementation, Gnosis safe support (protofire). 100/90/0%
• 🗝️ Hash Mesan 🏏: Bitcoin bridge features (vault replace & liquidation), Elastic load balancer infrastructure stabilization, Developer growth (planning). 90/60/30%
• 🐈 Semar Martins 🏏 (from 6/_): Trustless ETH Bridge signing key verification feasibility study, Smart contract development, Testing and gas estimation. 30/0/0%

July Deliverables

• 🌀 Bruce Darcy 🏏:

July

Demetre/Daine/Tom

• 6/26 Sun: Atlas Cafe onboarding event for 25 people (contact Atlas owner Felipe)
• 6/26 Sun: onboard 10 strangers in a bar to mint NFT (POAP, qrcode)

August

• Cryptovoxel
• Partner LA event
• Nashville onboarding: 7/22 – 9/10

September

• Nashville NFT Music industry conference

✅ Reference

POAP Gallery

POAP.gallery is an explorer for POAP tokens that searches by event and token address. Proof of Attendance Protocol (POAP) runs on Ethereum ERC-721 and xDai

poap.gallery

NEAR Wallet | NEAR Documentation

NEAR Wallet is an in-browser, web-based wallet for creating and interacting with NEAR accounts. This wallet stores account keys in the browser's localStorage. NEAR has several development networks operating independently of each other with their own account IDs. Because of this, there are several deployed wallets you can use.

docs.near.org

Celo Wallet

A simple, lightweight wallet for the Celo network. Manage your funds in a browser or on your desktop.

celowallet.app

Rocket Monsters

Harmony NFT Marketplace for artists, web3 games and collectors. Create collection or import existing NFTs. Free mint and staking.

metatr.one

Q3 Market-Product-Team Fit with Utility NFT for Creator Economy

Top Goals: NFT mints, Fiat buys, New users. To thrive as a platform, we must achieve 20% monthly growth per Market-Product-Team Fit. In this Q3 and Q4, rather than spreading thin, the team needs a single focus and going deep. Our theses are:

open.harmony.one

👟 Music Merchandises

en.wikipedia.org

en.wikipedia.org

PledgeMusic considered itself a direct-to-fan platform as opposed to a crowdfunding website:

• Sole focus on raising funds for musicians
• Not retaining any ownership or rights to any music created through the platform
• Absorbs all transaction processing costs involved in pledging on a project
• No processing of any fund transactions until the fund target reached
• Encourages artists to include contributions to charity
• Encourages artists to offer a wide range of incentives and exclusive content to fans
• International, accepting artists, projects and pledges from all over the world

en.wikipedia.org

en.wikipedia.org

The majority (75%) of revenue generated by Topspin artists can be attributed to sales of physical merchandise.

• Topspin Store (or "Spinshop") – a customizable, hosted, embeddable store available to all users.
• Digital Ticketing – tickets can be scanned with Topspin's accompanying iPhone app.
• Membership – allows users to limit access to store offers to fan club members only.
• Automated Digital Preorders – users can specify future digital delivery dates and instant gratification products for specific offers.
• Redemption codes – randomized or vanity-style codes for secure free download campaigns.
• Product bundling – the ability to package multiple products together for sale as bundles.
• Topspin Fulfillment – an integrated worldwide fulfillment solution available to all Topspin users.
• Email for Media widget – an embeddable tool that collects fan email addresses in exchange for free downloads.

NFT Merch - Create Custom NFT Merchandise

Create custom NFT merchandise using the world's #1 print-on-demand technology company. Print your NFTs as wall art, home decor, t-shirts, puzzles, and more! Each NFT product is manufactured in 3 - 4 business days and delivered to your doorstep with a money-back guarantee.

pixels.com

⏳ Music NFT

The Top Music NFT Moments of All Time

In 2020, the COVID-19 pandemic effectively cut musicians off from all of their primary sources of income. Live shows ended, merchandise sales slowed to a crawl, and the money stopped coming in. The months dragged on, and things didn't get better.

nftnow.com

Musicians Are Making Big Money From NFTs. Can They Challenge the Music Industry?

Independent musicians like Daniel Allan are using NFTs to make a living outside of the record label system.

time.com

Allan also sells songs individually on the NFT music platform Catalog—which doesn’t require him to surrender the rights to his work. Combined, he says he now makes 85% of his living off NFTs. Hundreds of musicians are following Allan into this world. On Catalog, 140 artists have sold over 350 records for more than $1 million combined.

A Bull Case for Music NFTs: Everything You Need To Know About The Next .WAV Of On-Chain Art - Delphi Digital

DELPHI VENTURES INVESTED IN CATALOG. MEMBERS OF OUR TEAM HOLD NFTs MENTIONED IN THE REPORT . THESE STATEMENTS ARE INTENDED TO DISCLOSE ANY CONFLICT OF INTEREST AND SHOULD NOT BE MISCONSTRUED AS A RECOMMENDATION TO PURCHASE ANY TOKEN. THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND YOU SHOULD NOT MAKE DECISIONS BASED SOLELY ON IT.

members.delphidigital.io

Virgil Abloh, a longtime collaborator with West, planning an NFT-centric DAO… Audius, ModaDAO, and Metaplex are attempting to bring crypto incentives to music streaming, licensing, and merchandising… Friends With Benefits (FWB) has proven to be a powerful artist community. The popular DAO started a fellowship and benefactor program to support creatives, and grants are run by Pat Lok, an electronic musician whose work has sold on Catalog and Sound.

1MusicDAO

Using a three part approach, our goal is to evolve this operation into a self sustained Web3 "record label" that will be completely decentralized.

harmony.one

Social Moment NFT & Autographs

Who’s combining social-location-mobile with NFT-DAO? Web3 versions of Foursquare-Instagram-Twitter? As proofs of presence-clout-human. Join #ONEmomentDAO to capture the happiness and meanings of your moments on forever.one – like Pokémon but with on-chain autographs.

For example, user A takes photo of B. forever.one makes #1moment nft qrcode with its photo, a venue to check in, a message to remember. B scans QRcode & approves "together for the moment" as autograph – without installing any app or wallet. A & B share the NFT's multisig & sale.

Instead of checking in landmarks w/ Foursquare or catching monsters with Pokemon Go, celebrities with we.new. Create value out of your social encounters, or be the mayor of your favorite places. Merge physical geo world with shared ephemeral experience.

Instead of the ad-laden and the like-driven web2 of Instagram or Twitter, experiment with the self-assessed tax and quadratic power of radical markets. How would you monetize the love and memories of people you meet in life? Can geospatial NFT serve as the basic income to its community?

Also a great primitive for tying fans, tastemakers, patrons... together for events & classes in DAO. Web3 service marketplaces will build on scalable protocols, mechanism designs, cryptographic privacy, but also as a beautiful product with intimate touch.

Join the product discussion & NFT launch for our #ONEmomentDAO? We allocate $50K initial budget for governors, builders, curators – disrupting #SoLoMo. More, integrate with our 1wallet and daVinci gallery! Burner Wallet with BuffiDAOs at ETHDenver 2020 had great success in executing such a minimal viral product.