Over the past couple decades, music has evolved as rapidly as technology itself, opening the gateway to a new world that musicians must navigate in order to sink or swim, often (and unfortunately) regardless of the outstanding quality of their art.
In this world, widely adopted platforms like Spotify have become the dominating force, offering artists a way to reach global audiences but often at the expense of fair compensation. With current streaming royalties averaging between $0.003 to $0.005 per stream, many musicians find themselves struggling to earn a living even despite millions of plays. Influenced by factors like the low-cost capabilities of AI production tools, the addition of audiobooks to its Premium membership tier and a corporate “bottom line” mentality that inherently undervalues artists, Spotify continues to devalue the artist’s share as 2024 marches on.
Many artists have simply had enough of Spotify. They know that when their heart and soul are poured into something that can inspire countless listeners, that inspiration should be valued accordingly.
Gala Music is pioneering a new era for artists, leveraging blockchain technology and the scalable power of GalChain. But why stop at enhanced artist earnings when you can also empower them to connect more deeply with their fans and jumpstart their careers?
Gala Music clocks in at around $0.01 per stream for artists, more than double what the same artist would receive from the most popular platform in the world.
From well-known published artists looking for a refresh to the numerous independent and emerging artists that fill the platform with life, diversity and individuality, Gala Music is a game changer.
Unlocking $MUSIC Rewards
At the heart of Gala Music’s ecosystem is the $MUSIC token, a utility token that transforms the way artists are rewarded for their work. Unlike traditional platforms, Gala Music ensures that artists are directly compensated in $MUSIC tokens every time their tracks are streamed. The rewards are further amplified when an artist’s NFT track is paired with a Jukebox Node and hosted on Gala Music’s Decentralized Physical Infrastructure Network (DePIN). Once this hosting is activated for a limited NFT track, the track’s owner and the powering Jukebox Node operator are also able to receive regular $MUSIC rewards based on that track’s success.
The community-powered approach to music streaming made possible by web3 creates several distinct ways to participate in the music economy of the future. As a listener, you can discover the latest music and listen for free to directly benefit artists, collectors and the operators who power the network. As a track collector, you can speculate and play a part in the discovery of new artists, then share in their success with tangible rewards. As a Jukebox Node operator, you can provide computing power to the network, hosting multiple tracks and sharing in all their daily rewards.
Artists sit at the forefront of this entire system, benefiting directly from all the incentivized actions that make Gala Music such a revolutionary streaming platform.
Artists, track owners and Jukebox Node operators all share in the distribution of $MUSIC rewards. The most significant beneficiary, however, is the artist. By hosting their music on Gala Music, artists gain access to multiple revenue streams that go beyond simple streaming royalties, including NFT sales, All Access Experience sales, direct tipping and Mystery Box sales.
The benefits of Gala Music’s model are already evident in the earnings of artists who have embraced the platform. Here are some real-world examples of how artists are thriving on Gala Music compared to traditional platforms like Spotify.
Anonymous Artist #1
Gross NFT Sales: $126,500
Streams: 232,000
Gala Music Streaming Income: $3,386
Equivalent Spotify Streaming Payout: $696
Total Earnings (excluding All Access and Tipping): $129,886
Highlight: One track alone made $14,000 in NFT sales.
Anonymous Artist #2
Gross NFT Sales: $310,000
Streams: 622,000
Gala Music Streaming Income: $6,791
Equivalent Spotify Streaming Payout: $1,866
Total Earnings (excluding All Access and Tipping): $316,791
Highlight: Two tracks generated $45,000 each in NFT sales.
Anonymous Artist #3
Gross NFT Sales: $48,000
Streams: 25,000
Gala Music Streaming Income: $1,091
Equivalent Spotify Streaming Payout: $75
Total Earnings (excluding All Access and Tipping): $49,091
Highlight: Each track averaged over $16,700 in NFT sales.
These figures illustrate a stark contrast between the earnings potential on Gala Music versus traditional streaming platforms. While Spotify’s payouts are minimal, Gala Music’s model enables artists to monetize their work significantly better, particularly through NFT sales and decentralized streaming.
Imagine what happens to these already impressive numbers once more people discover the benefit of decentralized music streaming.
Listeners Leaving Spotify
Spotify is already disappointing listeners on multiple levels, leading to what many previous Spotify users would call a mass exodus.
Gala Music not only enhances artist earnings but also deepens the connection between artists and their fans. Through offerings like the All Access Experience, artists can sell exclusive experiences, merchandise, and collectibles directly to their fans. Whether it’s a virtual studio session or a limited-edition autographed collectible, these experiences are unique to Gala Music and offer fans unprecedented access to their favorite artists.
A Revolution in Music Distribution
Gala Music is more than just a streaming platform. By utilizing blockchain technology and the $MUSIC token, Gala Music empowers artists to earn what they deserve and engage with their fans in meaningful ways. While the platform is still in its early stages, the success stories of artists already on board are a testament to its potential. As the platform grows and more listeners discover the benefits of web3 music, the future looks bright for artists who choose to join Gala Music.
For artists looking to break free from the constraints of traditional platforms, Gala Music offers a path to not only greater financial rewards but also creative freedom and deeper fan connections. The era of artist empowerment is here, and Gala Music is leading the way.
We hope you’re enjoying the latter half of this Hot Gala Summer, where the hits keep on coming, along with awesome updates, new artists and cool vibes. 😎
Today we’re announcing a new feature that will revolutionize the way you engage with your favorite tracks on the Gala Music platform: Track Chat. Each track now boasts its own dedicated chat interface, allowing fans to dive deep into discussions about the music, share comments and even post GIFs. This interactive feature is available to all Gala Music account holders, turning each and every song into a community of its own.
Exclusive Chat for Track Owners
For those who own specific tracks, we’ve added an “Exclusive Chat” area. Only owners of a track can access this chat, ensuring a unique and intimate space for deeper conversations and insights. What’s more, only track owners can view the chat history in this exclusive section, making it a truly special perk.
Reminders
While you enjoy this new feature, don’t forget these other exciting opportunities!
Collect $MUSIC Rewards: Even if you don’t own NFT music yet, by listening to unique tracks every day, you can collect $MUSIC rewards through our reward point system. For more details, visit our rewards page.
NextUp Community Governance: Every week, you get to vote on the newest tracks and artists to be added to the platform through our NextUp feature. Each user receives a free vote weekly, but you can unlock additional votes by burning $MUSIC. Cast your vote HERE.
Music Miner on Telegram: Start playing Music Miner, our new free-to-play mini-app game on Telegram, to collect $TREZ tokens. These tokens will be essential for the upcoming minting event. Begin your journey here: Music Miner.
The $MUSIC Box: Your newest chance to win awesome prizes is available now in the Gala Music store. In each $4.99 $MUSIC Box you’ll find 3 unique prizes, from piles of $MUSIC to sold out NFT tracks, or even a Gala Music Jukebox Node, valued at $2000! Get yours HERE.
Start chatting about your favorite Gala Music tracks today and we’ll see you soon!
A new week is underway for Gala Music, where we’re hard at work to revolutionize the music industry, empowering artists and fans with ownership and rewards.
If you haven’t started discovering new music on Gala yet, you’re missing out. Listen free as much as you like to directly support our fabulous lineup of artists, but that’s only scratching the surface.
As usual, let’s explore some of the most exciting drops and artist debuts happening throughout the week. Then we’ll get into the numerous ways that you can collect rewards for supporting the future of decentralized music. Get ready to go beyond the stream.
Featured Drops
“1992” by Nyku
Making his NFT debut, we’re pleased to welcome Los Angeles based Hip-hop and Jazz artist Nyku to the Gala Music platform. “1992” (prod. By SEVENDI) is dropping on Thursday, August 15th at 1pm PT, “a track created to give perspective and understanding where the stars align.”
Following a sellout of her debut Gala Music NFT with “What You Like” (Gala Edition), alt-pop artist YUNICE is back with a new one that really hits home with her characteristic “sad girl” vibes. Listen to the “sad girl” edit of “Chasing Magic now and get the NFT track while supplies last starting at 1pm PT on Friday, August 16th.
On Wednesday, Gala Music fan favorite Emily Faye is dropping another one to join her growing collection of captivating pop originals – Check them out now Emily Faye’s Gala Music artist page. The new track drops at 1pm PT on Wednesday, August 14th, but Loyalty Pool $MUSIC supporters can unlock early access to the sale at 12pm PT!
Fans love our Gala Music Mystery Boxes, and the latest $4.99 $MUSIC Box is available now. Each box has three chances to win $GALA, $MUSIC, NFT tracks (while supplies last) or even a Gala Music Jukebox Node (valued at $2000) so you can actually power the music yourself!
Get as many $MUSIC Boxes as you want for $4.99 each, then open them when you like through your Collection page.
We recently launched a new way to collect music rewards! Play Music Miner in Telegram to complete tasks, upgrade experiences and build a superstar stack of rewards that will later be minted as $TREZ on both GalaChain and TON.
All you need is a free Telegram account to get started tapping and collecting rewards. Experience what it’s like to rise through the ranks from street corners to packed worldwide venues. Do you have what it takes to reach the top?
Are you an artist ready for a refresh? Looking for a platform that works with you instead of against you? At Gala Music, we’re giving musicians what they deserve, with numerous revenue opportunities to explore and lots of ways to build a dedicated fan base.
With the power of the $MUSIC token, Gala Music has already paid out millions of dollars to both emerging and established artists. Artists on our decentralized platform typically make more than double per stream than on Spotify, and we’re just getting started.
NFT track ownership is the most effective way to collect rewards for your support of decentralized music. By owning tracks from limited run NFT sales, you can collect daily $MUSIC rewards as long as you own the track. And because it’s an NFT, you can always list it for sale on secondary market platforms like OpenSea – It’s actually yours.
For those looking to collect daily $MUSIC for multiple tracks without building a track collection of their own, becoming a Jukebox Node operator is a perfect option. Each upgradeable Jukebox Node comes with space for 10 hosted NFT tracks, allowing the operator to share in all the rewards.
The Gala Music team is thrilled to announce our newest Mystery Box item, with HUGE chances to win a plethora of potential prizes.
This $4.99 Mystery Box is the perfect way for a new Gala Music fan to start a collection, with great chances to pick up some $MUSIC or $GALA to fuel the beginning of their web3 music journey. We call it the $MUSIC Box for good reason.
Good luck picking up one of those awesome sold out NFT tracks, or better yet, a Jukebox Node of your own to multiply the rewards or a straight bankroll of $MUSIC to grow your collection through the roof!
If you buy multiple boxes, you can even open them all at once, watching your running prize total as each of them is automatically opened. Or savor each opening experience, cracking them one at a time through your Collection page!
It’s time to plug in and feel the beat with our newest TMA (Telegram Mini App) tapping frenzy, brought to you by Gala Music. Time to tap your fingers to the rhythm of rewards, Telegram stars.
To get on the Music Miner train, all you need is a Telegram account. That’s right. If you’re one of nearly a billion people in the world already using the massively popular mobile messaging app, you’ll be collecting rewards in moments.
Playing Music Miner is incredibly simple and you don’t have to download anything to get started. Anyone can become a superstar. 😎
Experience the success journey from start to finish, completing tasks, unlocking achievements and (best of all) collecting rewards. From a street corner jam sesh to a filled-to-capacity arena venue, it’s all about the music.
Make contact with your beat-dropping friend, the Music Miner Bot on a mobile device through Telegram.
Tap “Launch Game” to open the mini app (no need to leave Telegram)
Start tapping and watch your tokens pile high.
Minting Rewards
We’re giving you an early start, collecting rewards that later on, you’ll have the opportunity to mint on the blockchain, making your music dreams a reality.
The coins you tap to stack accumulate as often as you check in and complete in-game tasks. Just like honing your skill with any musical instrument, the more you prepare, the better off you’ll be when everything you worked for becomes a reality.
The reward token will be mintable on both TON (The Open Network) and GalaChain and bridgeable between the two blockchain ecosystems. TON’s synergy with Telegram for web3 integration into mini apps makes it possible for us to tap into Telegram’s huge web2 user base.
A lot of new tappers are about to discover the world of web3 music with Gala, so there’s never been a better time to beef up your Gala Music NFT collection, securing $MUSIC rewards on a daily basis for empowering fans and artists.
Don’t wait to start your journey to music stardom!
