🎶Stake
Last updated
Last updated
Sol Beats generates earnings through a system integrated with the SolBeats App API, similar to the ad revenue model. The platform utilizes an external API connected to the SolBeats App AdSense, which ranks songs based on how often they are played. As songs climb the rankings in the SolBeats App, they generate royalties, which are paid to investors.
The SolBeats App's remuneration system works by paying royalties per play, which can be allocated to either the recording or the licensor (record label or distributor) that uploaded the productions. Each play generates an amount ranging from $0.001 to $0.01, depending on the day. Therefore, the more a song is played and ranked, the higher the return in royalties.
Additionally, third parties compensate Sol Beats for helping to rank songs within the platform, similarly to how ads are ranked in AdSense. This provides an additional revenue stream, ensuring that artists and investors receive a competitive return on their investments.
For investors, the conversion of earnings is defined by the launch value to maintain consistency. Every 10,000 points can be converted to 1 dollar. Considering that 10,000 points are generated for every 3 hours of audio, a user can accumulate up to 86,400 points per day based on a 24-hour period.
This combination of play royalties and ranking services remuneration creates a robust and predictable financial model, making Sol Beats an innovative and profitable solution in the music market.