Fund13 - the votes are in!
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?
An website that allows indie musicians to sell NFTs of albums, individual songs, album covers, and autographed band / concert photos.
This is the total amount allocated to Solletia - Indie music NFT website.
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/
2 software engineers with ~20 yrs experience each, including full-stack dev, and cloud devops.
1 digital artist, art teacher, for UI/UX.