over budget

Solletia - Indie music NFT website

$50,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Problem:

<p>About 70% of indie musicians make less then $10,000 a year from their music.  How can they generate more revenue and connect with fans?</p>

Yes Votes:
₳ 34,849,339
No Votes:
₳ 28,675,686
Votes Cast:
204

Detailed Plan

There are so many talented musicians and bands in the world, we want to help them make a living from their art! And this is big business, by the end of 2020, indie artists are expected to have generated about $2 billion in streaming revenues [1].

Budget:

$5K UI/UX and graphic design

$15K website frontend dev

$10K website backend and devops

$10K smart contract dev

$7K marketing

$3K legal

$50K total project cost

What success looks like:

Expected launch date: December 2021

1st month (after launch) - onboard and launch 3-5 musicians/bands, get feedback from fans, iterate and fix any issues.

2nd month - Platform has 25 musicians/bands, successful sales from catalog of 250+ individual NFT items.

3rd month - 50 musicians/bands, successful sales from catalog of 500+ individual NFT items.

6th month - 200 musicians/bands, successful sales from catalog of 3000+ individual NFT items.

12th month - 500 musicians/bands, successful sales from catalog of 7500+ individual NFT items.

The team:

Eric Johnson (Software Architect/Engineer) - <https://www.linkedin.com/in/eric-johnson-b7a38254/>

Steve Thompson (Software Engineer) - <https://www.linkedin.com/in/steve-thompson-9b81848/>

Ana Ortiz (Graphic Design, UI/UX) - <https://www.linkedin.com/in/ortizcreativeworks>

Thank you for taking the time to look at our proposal!

Sources:

[1] https://www.hypebot.com/hypebot/2020/12/stats-facts-data-independent-artists-need-to-know.html

<http://money.futureofmusic.org/how-many-musicians-are-there/>

<https://www.forbes.com/sites/melissamdaniels/2019/07/10/for-independent-musicians-goingyour-own-way-is-finally-starting-to-pay-off/?sh=cdf0fd814f26>

Community Reviews (1)

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