SoundCloud X LGND
Unlock the untapped potential of Exclusive Music Collectibles (EMCs) with LGND Technology - a game-changing revenue stream for artists that the current SoundCloud platform doesn't offer. Through our cutting-edge Web3 technology, LGND empowers SoundCloud to pioneer a transformative evolution in artist payments. Step into the future of music, seize the opportunity to lead the way in digital music streaming innovation and together, let's revolutionize the industry with LGND's innovative blockchain solution.
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LGND Verified
As ai clones flood playlists, LGND stands out by verifying genuine artists with authentic music. The massive saturation of music results in fewer streams per "real artist," demanding a new revenue model that’s verified and secure. LGND brings the future of music today, empowering legitimate artists with dedicated fans to generate substantial revenue.
Revenue Projections
A high-level financial projection based on the assumption that only 1% of the creator and user base participate:
First, let's identify how many creators will offer Exclusive Music Collectibles (EMC):
- 20,000,000 creators * 0.01 = 200,000 creators
Assume each of these creators has an average fanbase of 100 fans, and 1% of this fanbase purchases an EMC each month:
- 100 fans * 0.01 = 1 fan per creator
If each creator sells one EMC to 1 fan each month, the total number of EMCs sold per month is:
- 200,000 creators * 1 EMC = 200,000 EMCs
Assuming each EMC is sold for $99, the total revenue generated per month would be:
- 200,000 EMCs * $99/EMC = $19,800,000
The revenue distribution based on the given percentages would be:
- Artists: $19,800,000 * 75% = $14,850,000
- SoundCloud: $19,800,000 * 20% = $3,960,000
- LGND Music: $19,800,000 * 5% = $990,000
On an annual basis, assuming these numbers stay constant:
- Artists: $14,850,000 * 12 = $178,200,000
- SoundCloud: $3,960,000 * 12 = $47,520,000
- LGND Music: $990,000 * 12 = $11,880,000
Please remember this is a simplified model based on only 1% of the creator and user base participating, and numerous variables could significantly impact these figures. For instance, the interest in and ability to purchase NFTs could vary among the fanbase, and the price of EMCs could fluctuate. Also, the model assumes a constant rate of EMC purchases throughout the year, which may not be accurate.
The Celebrity Model:
Assume Taylor Swift offers one exclusive music collectible (EMC) to 0.5% of her fanbase, which is 100,000,000, each month:
- 100,000,000 fans * 0.005 = 500,000 fans
If each of these fans purchases one EMC each month at $25, the total revenue generated per month would be:
- 500,000 EMCs * $25/EMC = $12,500,000
The revenue distribution based on the given percentages would be:
- Taylor Swift: $12,500,000 * 80% = $10,000,000
- SoundCloud: $12,500,000 * 17% = $2,125,000
- LGND Music: $12,500,000 * 3% = $375,000
On an annual basis, assuming these numbers stay constant:
- Taylor Swift: $10,000,000 * 12 = $120,000,000
- SoundCloud: $2,125,000 * 12 = $25,500,000
- LGND Music: $375,000 * 12 = $4,500,000
Again, this is a simplified model, and numerous variables could significantly impact these figures. For instance, the interest in and ability to purchase NFTs could vary among the fanbase, and the price of EMCs could fluctuate. The model also assumes a constant rate of EMC purchases throughout the year, which may not be accurate.