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About Space Float

In the vast expanse of digital space, amidst the interstellar tapestry of ones and zeros, a revolutionary sanctuary for musical exploration is emerging. Here, the fusion of blockchain technology and artistic expression gives rise to a new paradigm, where the ownership of music intertwines with the melodies themselves.

At the heart of Space Float lies a transformative vision: to provide musicians and their fans with a groundbreaking opportunity to own and sell music royalties. Its design represents a beacon of hope within the current landscape of low streaming revenue and poor physical media sales. Moreover, it offers a fresh perspective on music marketing, with fans driving the narrative rather than predatory major labels. This vision has been meticulously crafted through collaboration between accomplished beat makers and their decentralized audio astronauts.

Through the creation of single track and pooled catalog NFTs, Space Float pioneers a new era of ownership and investment in music. These digital artifacts not only grant ownership of royalties but also foster a vibrant sense of community and collaboration. Fans are rewarded for engaging with the platform through content creation and promotion, contributing to a dynamic ecosystem where creativity thrives.

Bolstered by the support of Tempered Digital Music, a global music marketing and distribution powerhouse, Space Float stands at the forefront of industry change. Together, they challenge traditional gatekeepers and champion the democratization of music, returning power to the hands of artists and their dedicated supporters.

Welcome to Space Float, where the stars align to create a symphony of ownership and inspiration.

Mission Statement:

  • Liquify Artistic Works:

    Transform music tracks into liquid assets, enabling artists to monetize their work more directly and fans to invest in music they love.

  • Empower Talent:

    Accelerate the careers of talented artists through innovative funding and exposure mechanisms.

  • Engage the Community:

    Foster a vibrant community of fans who own, support, and promote their favorite artists' works, creating a new paradigm in Web 3 Music Label

Roadmap:

2023 July - Project Inception:

  • Official launch of the project.

  • Initiation of artist outreach, content development, and technological infrastructure setup.

2024 February - First Artist Cohort:

  • Completion of LOFI artist recruitment, forming our first artist batch.

  • Artists batch has 5 million monthly unique listeners on Spotify

2024 May - Streaming Service Distribution:

  • Distribution of tracks on major platforms including Spotify, YouTube, and Apple Music, expanding our audience reach.

2024 September - Launch of Single Track NFTs:

  • Start of single track NFT sales, each representing a 5% royalty share, with monthly payouts to NFT holders.

2024 October - Catalog NFT Sales:

  • Introduction of catalog NFT sales on Blur, offering broader investment opportunities in artists' works.

2024 December - Royalty Milestone:

  • Projected monthly royalty payments of 20,000 USDT to NFT holders.

2025 April - Second Artist Batch Launch:

  • Rollout of the second batch of artists(Other genres of music), showcasing fresh talent and new music to our community.

2025 December - Third Artist Batch Launch:

  • Introduction of the third batch of artists, continuing our mission to support and promote emerging talent.

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©SpaceFloat 2023