ROCKI Newsletter
Hello!
You're getting this email from me as you subscribed to me at Choon. I'm now continuing the artist empowering mission, as you know, with the new ROCKI platform, and in this Newsletter (now on Substack), you'll learn more about how ROCKI plans to bring new sources of revenue for both artists and fans alike.
Let's jump right into the ROCKI magic!
Artist ROCKS tokens credits posted,
Since our last Newsletter, we've successfully credited all artists and listener accounts with the new ROCKS tokens. The ROCKS tokens credits are based on a 50:1 ratio from Notes you previously held on Choon. (Please note, ROCKI has only 100 million tokens compared to Choon's previous two billion. Thus, the 50:1 conversion).
Get paid to listen:
ROCKI is the world's first music streaming platform that pays fans/listeners for listening to music. We believe this will bring significant new value to both the artists themselves for marketing exposure and for fans/listeners to get involved and vested in the ROCKI ecosystem.
Data Transmission Podcast Interview:
I recently chatted with the leading UK underground music blog Data Transmission. We discussed the state of the music industry today, the unfair payment practices the streaming giants apply (1% takes 90% of the revenue), what happened to Choon, and of course, a deep dive into ROCKI and our game-changing new features for independent artists such as the Hybrid User-Centric payment model (FIAT & ROCKS Crypto), and our Music NFT's. I highly recommend everyone to listen in to the BOOST Podcast 081 interview below and subscribe to the podcast for the latest news around the music industry, advice, and useful tips for up and coming artists.
Music NFT's:
Our team is working hard on developing the underlying blockchain technology for our very own Music NFT's on the ROCKI platform. NTF's (Non-Fungible Tokens) is an exciting new technology on the blockchain that allows digital ownership (recorded on the blockchain) to own limited edition pieces of digital collectibles. Cointelegraph has a great overview of NFT's that can be read here. On the ROCKI platform, every piece of Music can be NFT'd in the near future, and the NFT system becomes a new incentive mechanism for both artists and listeners alike.
There will be two types of NFT's on ROCKI:
NFT-ERC721: Marking ownership and the right for Royalty income of Music. - Transferrable & tradeable.
An artist can issue this type of Music NFT for a set percentage of future Royalty income for the track on ROCKI. This brings new upfront revenue to the artist, and fans can become financially vested (stakeholders) in the earnings of that track, which they, later on, can sell/trade with others on ROCKI.
NFT-ERC1155: Marking the rights for exclusive Music listening,
1 NFT has limited copies set at initial issuance. - Transferrable & tradeable.
An artist can issue as few or as many of this type of NFT listening rights to fans, enabling that track's exclusive listening privileges. This also brings new upfront revenue to artists, and fans can later on sell/trade it with others on ROCKI.
For more details regarding our NFT technology coming to ROCKI, I invite you to explore our Whitepaper here and stay tuned for upcoming news regarding our Music NFT launch.
Moving on,
Our open public registration for new artists and listener accounts was a profound success! We're super humbled and thankful for the fantastic response so far, with several thousands of artists and listener accounts having signed up for our public beta launch. Thank you to everyone interested in our platform and joining us in our mission to change the Music streaming industry for all of the amazing independent artists out there, representing 99% of the music industry. Wow!
Accessing your new artists and listener accounts:
We know many of you are super excited about accessing your user accounts on ROCKI and view your ROCKS token credits. We are slightly behind schedule in allowing access for everyone at the same time. We want to thank everyone for their patience while we get this ironed out and perfect. We take account security very seriously here at ROCKI; keeping your ROCKS tokens safe and secure is our utmost priority focus right now, hence the slight delay. We expect to catch up with everyone within this week for your new logins.
Recruiting for the ROCKI ROCKSTARS community member team:
We are hosting an open registration to recruit our community members to our upcoming ROCKI ROCKSTARS community team. This team will work closely with our team with ideas/feedback for product improvements, requested new features, private beta testing of new features, and much more. If you would like to be considered for this team, please feel free to apply here for more information. ROCKI ROCKSTARS will be rewarded in ROCKS tokens from our bounties token allocation, based on performance and time committed to assisting the ROCKI team to improve the product and service for everyone.
Last but not least for this email update:
We encourage everyone to read this LinkedIn post below from us at ROCKI regarding how 1% of the artists on Spotify take 90% of the streams and revenue, and what that exactly means for the 99% of all the other artists remaining (the independents). This is what the ROCKI mission is all about and what we are working super hard to change for the better for that 99% group of artists. Read the post here, and feel free to follow us on LinkedIn and share the article with fellow artist friends if you think it is interesting. This unfair payment model needs to change, and ROCKI is proudly taking on that challenge!
In the vastness of the ocean, will one drop of water matter? No you answer? But if enough of us mobilize and join forces, we can collectively swell the tide of events for GOOD!
Are you as excited about ROCKI as we are?, tell your friends!
For ROCKI user account opt-out, click here
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