In today's world, music streaming is changing the way we listen to music. With the advent of Non-Fungible Tokens (NFTs) and blockchain technology, music streaming has taken a new turn with SIKI. This innovative streaming platform is gaining momentum in the music industry and looks set to revolutionize how people consume music forever.
One of the biggest issues with today's streaming platforms is that they are owned by record labels, which only represent 2% of the music out there. SIKI aims to change that by creating a platform where artists have more control over how their work is consumed, and fans have access to exclusive content that was previously unavailable outside of live performances or album releases.
One of the key benefits of using NFTs for music collectibles is that they are stored securely on the blockchain, making them virtually impossible to counterfeit or replicate. This creates an authentic way to distribute collectibles and engage with listeners. Additionally, since all transactions happen directly between the artist and the fan, fans are able to show love and support by tipping artists, who receive the gifts instantly and see who their supporters are, and are able to collect royalties faster since payments are not held up by intermediaries. SIKI also offers a suite of tools for artists to track data on who is listening to their songs, giving them greater insight into their audience's behavior. Artists also have the ability to create their own NFT collectibles that represent a percentage of the tips and royalties that the song NFT receives on SIKI from engagement. These collectible NFTs can be gifted or sold to fans or collectors, creating a new way for fans and artists to connect and share.
Furthermore, the platform has several features that include Video Live Streaming inside of an NFT, higher streaming royalties and the ability to tip favorite songs and playlists. This is a place for everyone to connect and increase the level of connection and engagement between artists, curators and fans, resulting in increased revenue for all users.
In conclusion, SIKI is offering a revolutionary way for musicians and fans alike to engage with each other through its use of NFTs in music streaming and community-focused design. With its unique features and tools, it's clear that SIKI is here to level everyone up and change the music industry as we know it.