The platform was created to help artists earn a stable income throughout their career.
This platform has already helped authors of musical works earn $5.5 on sales since the launch of the beta version in 2022. Now it opens access to the general public. David Greenstein, co-founder of Sound and former product manager of the Pandora streaming service, said in an interview with CoinDesk that in the last decade, music subscription services have had a negative impact on artists’ income. For example, on Spotify, artists get about $0.003 for 1 stream.