(July 25th, 2022)
On the surface, Unchained Music’s distribution platform will be indistinguishable from any other music distribution platform, requiring zero knowledge of Web3, NFTs, or blockchain. Users will create a user profile which they will confirm via email, then log in to the platform. At this point, they will fill out their user profile, upload their track(s), artwork, track metadata, release date, etc, in accordance with the content guidelines of each digital platform. Unchained Music will then submit their track for distribution to 200+ streaming platforms and digital stores, including Spotify, Apple Music, Tidal, Youtube, as well as content libraries for TikTok, Instagram, and other social platforms.
Once submitted, distributed, and released, royalties and payments will be collected on behalf of the artist, a DeFi NFT will be minted on the Polygon chain (only upon the first royalty distribution for a given artist), and 100% of the royalties collected beyond the locked amount will be able to be withdrawn by the artist. This payout will initially be available via wire, ACH, and USDC transfer.