Frequently Asked Questions (FAQ)


Common

No. Since these traditional distribution companies are not distributing your music to blockchain related sites, you are free to work with OnChain Music. There will not be any conflict.
Focusing only on blockchain music streaming platforms, we represent artists and bands on a non-exclusive basis and distribute their music. We also handle all of the administrative backend so you can continue to focus on being creative.
Yes. Please sign up, or contact us to get started.
There is a one time set up fee of $20, which can be paid using Bitcoin, Paypal, or credit cards. We also retain a small percentage from the total revenue generated from your songs.
We collect all of the revenue, and then distribute your earnings every month. If your blance is over $25, you will be paid in either fiat (USD, Euro, etc..) or tokens. It's up to you. In the future, we hope to set up micro payments so you will be paid daily.
We are open to all styles of music. However, intially, we want to release Artist driven music, such as bands, singer songwriters, and Artists.
No, you do not need to be affiliated with a PRO. (For those of you unfamiliar, examples of PROs are ASCAP, BMI, PRS, GEMA...)
We will do what we can to get the word out, but as an Artist or Band, it's important to continue engaging with and building your audience.
Sign up, and then proceed to our Upload Music page.
Basically, we'll need:
1) Account activation. This is completed when you make a payment of the one time set up fee for $20.00
2) Mp3s that are at least 320 kbps and 44.1 KHz
3) Cover art for each album
4) High quality picture of the Artist or Band
5) Any meta data you have for each song (description, keywords, etc...)
Afterwards, we will send you our agreement for signatures.

Payments

Each time someone streams or downloads your music from one of the blockchain music platforms, you will earn cryptocurrency. These tokens will remain in your wallet until the value reaches at least $25, and then we will either transfer the tokens to you, or pay you in fiat (USD, Euro, etc...)
We will collect as much information about your streams and share this data with you. Currently, there isn't a way for you to log in directly to see your statements. We believe in 100% transparency, so you'll see what we see.
This might be a feature we enable in the future.

Token Questions

Music tokens are cryptocurrency. Broading speaking, cryptocurrency are digital assets which can either be coins or tokens. Tokens are defined as only having a utility or purpose used within a project's ecosystem. Coins, are designed to be currencies.
There are many reasons to acquire music tokens.
  • To be used in a music marketplace. With the number of decentralized music projects growing, a current list can be seen by visiting My Music Tokens.
  • Another reason might be for an investment. You can buy at a low price and sell when the price goes up.
  • Based on the definition from the SEC (U.S. Securities and Exchange Comission), Bitcoin and Ethereum are not securities, however, most tokens are considered securities. This is because most people who buy the tokens expect to make a profit when the price goes up in value.
    Each token will have it's own unique features, which may include investing in Artist Royalties, use within a Content Marketplace, or buying and selling for investment purposes.
    The musicEX token (MX) is the token associated with My Music Tokens, musicEX, and OnChain Music. MX will provide multiple functions, all which will be annouced in the near future!

    Referral Program

    You can earn money by helping to spread the word about OnChain Music. For every person that signs up using your unique referral link, and after they sucessfully activate their account, you will earn $2. Get your referral code here.

    My Account

    Once logged in, click on your Name in the top right of the website, and then click on Account Settings. On this page, you can update your profile, including your password. At this time, you cannot change your User name.
    This feature is available on your Account Settings page. Please keep in mind, the image size must be less than 1MB, an image file (such as PNG or JPG), and a unique file name.
    When you first sign up, your Artist Name is also assigned to your User Name. And then your User Name is used for your unique referral url. At this time, you are not able to change your User Name.

    If you are just getting started and need a cryptocurrency wallet or exchange, we highly recommend Coinbase. You can easily sign up using our referral link: https://www.coinbase.com/join/kopec_y

    Further Reading:

    Blockchain Beach - Solutions for the Music Industry