Photo - Orpheus Music
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Orpheus Music

Belarus, Minsk city
Market: Culture and art, Entertainment, Blockchain, Crypto currency
Stage of the project: Operating business

Date of last change: 31.08.2022
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Idea

Orpheus makes the new way to monetize music through NFT easy and valuable years later, like vinyl

Current Status

At the moment we have an MVP platform with 6 artists aboard, one of them sold NFT for $10.
Currently invites artists to Orpheus.
We have sent 830 letters to artists - 590 of them opened the letter - talked with 14 artists and 1 of them has already agreed to work with us

Problem or Opportunity

Streaming services pay a really small fraction of what an artist deserves. Here, a new technology for monetizing creativity appears on the horizon - NFT, but artists do not fully understand how to work with it and what can be put into NFT

Solution (product or service)

We are well aware that the NFT is a brand-new technology and not all artists know how to work with it. Therefore, we help artists enter the NFT space easily, and also increase the material and spiritual value of NFT by discussing with artists what can be put into NFT based on their style, music and fan base.

Business model

We took 10% of each transaction on our platform
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