Sound is a blockchain‑based music marketplace that lets fans purchase tracks or albums as on‑chain NFTs, providing immutable proof of support. Each purchase stores the audio file and metadata on decentralized storage, ensuring the music remains accessible and visible across any compatible wallet or NFT marketplace. The platform also offers tools for artists to reclaim unclaimed funds and supports a community focused on independent music distribution.
Funding
$20M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
1OFounders
Product
Problem
Artists and music collectors lacked a platform that could securely record ownership and support on-chain while storing music and metadata in a decentralized manner, limiting true artist independence and long‑term accessibility of digital collections.
Solution
Sound.xyz offered a blockchain‑based music marketplace where fans could purchase and support artists, with each purchase minted as an on‑chain proof of support. The platform stored audio files and associated metadata on decentralized storage networks, ensuring that the content remained accessible regardless of any single service’s status. By integrating with standard wallet connections, users could view and manage their collections across any compatible marketplace, such as OpenSea. Sound maintained a community‑focused approach, allowing artists to claim any remaining funds and providing direct support channels for users during the transition. The service’s core infrastructure now serves as a foundation for the upcoming Vault platform, which aims to further advance artist independence and industry standards.
Target Audience
Primary users are independent musicians seeking a decentralized distribution channel and fans/collectors who want verifiable ownership of music assets.
Features
- On‑chain NFTs that act as immutable proofs of fan support for each track or album
- Decentralized storage of audio files and metadata, guaranteeing persistence beyond the platform’s lifecycle
- Compatibility with major wallet providers and NFT marketplaces for seamless collection visibility
- Built‑in artist fund reclamation tools to retrieve unclaimed revenues
- Dedicated support channels for both creators and collectors during platform transitions