WHITE PAPER VERSION 1 WWW.NFTTONE.NET - 02 JUNE 2021
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02 JUNE 2021
White Paper
WHITE PAPER VERSION 1 WWW.NFTTONE.NET
Power to creativity in musical arts
TABLE OF C ONT ENT 02 JUNE 2021
Abstract 01 Roadmap 07
Short Story 02
Digital Ownership 03
Upcoming Platform 04
Tokenomics 05
Team 06
WHITE PAPER VERSION 1 WWW.NFTTONE.NET
Abstract
ABSTRACT 02 JUNE 2021 Freedom to artists Music-related assets within the world of crypto represent an untapped market with a huge potential. The music industry needs innovation and easier ways for musicians to control both their intellectual property and earnings. This will make it possible for new (and old) talents to be discovered on a decentralized marketplace which will help them to earn money and ful l their dreams, both at an earlier stage. As of today, the music industry operates from the “top-down”. Our goal is to make it “bottom-up”. Based on statistics, music artists earn approximately only 12% of the revenue generated in the industry. The fact is, 90% of revenue is shared amongst 1% of the top music artists which we view as uncredited and unjust. NFT TONE will be a decentralized and social marketplace where music artists will be able to interact with their admirers in revolutionary ways. With NFT TONE, content creators can e ciently and e ectively upload their music and get paid directly by their fans and followers. WHITE PAPER VERSION 1 WWW.NFTTONE.NET
ABSTRACT 02 JUNE 2021
Unfair market
Rest
10%
100%
Revenue
88%
80%
60%
40%
20% 12%
0%
The top 1% of Artists Rest of the music industry Music Artists
90%
RE VENU E DI STR IBU TION
WHITE PAPER VERSION 1 WWW.NFTTONE.NET
6
ABSTRACT 02 JUNE 2021
• Easy creations of NFTs that are sold or auctioned to supporters
and investors.
• Ensured provenance and authenticity.
• Secure transactions between artists and fans/investors.
Key features • Partnership with decentralized storage provider(s) to retain high
quality and e cient delivery of uploaded content.
• Remarkably e cient token economy powered by the NFT TONE
platform token ($TONE) along with stable-coins and FIAT.
• Rewards holders of ($TONE) & also artists for all transactions (tax)
on the platform.
• Revolutionary marketplace.
WHITE PAPER VERSION 1 WWW.NFTTONE.NET
Short Story
SHORT STORY 02 JUNE 2021 I had a dream As a young boy, I dreamed of becoming a rock star (and a lot of other things). My father gave me a guitar when I was around 10 years old. The rst song I learned was Led Zepplin’s “Stairway to Heaven”. Since my parents were divorced, I had to play it to him through the phone. At rst, he thought that I had put on a record. I remember how proud it made me. In the years to come, I made some of my own songs. I felt they were pretty good, but I had no audience with whom to share it. I had no idea of how or where to determine my music’s potential. This was incredibly frustrating, so I eventually gave up. I didn’t stop playing or dreaming about becoming a star, however. I know there are a lot of people who create great music that never gets heard, art that can provide us with great experiences and trigger intense emotions. I intend to change this JO HN,CEO WHITE PAPER VERSION 1 WWW.NFTTONE.NET
Digital Ownership
DIGITAL OWNERSHIP 02 JUNE 2021
With the power blockchain
Non-Fungible Tokens (NFTs) help to ensure provenance and authenticity.
This gives value to digital assets similar to those of physical assets. They
can also hold sentimental value for original copies, for example: the 1st
edition of a book has greater value than the 1203rd edition (in most cases).
Essentially, owning a NFT establishes genuine possession of property.
A music NFT can be anything from a song, album, merchandise, concert
tickets, limited-edition experiences or album artwork.
WHITE PAPER VERSION 1 WWW.NFTTONE.NETUpcoming Platform
UPCOMING PLATFORM 02 JUNE 2021
Decentralized & Secure
NFT TONE will create a user-friendly social platform which will make it easy
and straight-forward for creators to share their music and unique content.
This platform will secure their artistic property and the rules will be set by
the creator. Both free and paid content can be made available for fans.
Our platform will make it possible for up-and-coming stars to get paid
directly by their audience at a much earlier stage in comparison to today,
allowing them to realize and monetize the potential of their intellectual
property.
WHITE PAPER VERSION 1 WWW.NFTTONE.NETUPCOMING PLATFORM 02 JUNE 2021 Creators will be able to setup their own pages in a manner similar to most popular current social platforms. Users will be able to follow their favourite creators, listen to their music and share their work with others. Creators will receive royalties every time their NFT changes owners, which ensures that they will be compensated for their work into the future. This makes available a place where fans and investors can follow, interact, tip, purchase and participate in communities with content creators. They can own music and other collectibles that they love and cherish. When an individual makes a purchase or wins an auction, they will receive the content in their digital wallets via a secure transaction. Including this, there will be a marketplace where fans/investors can trade their NFTs with each other. We will rst release a web version and later an app. WHITE PAPER VERSION 1 WWW.NFTTONE.NET
UPCOMING PLATFORM 02 JUNE 2021
Summary
Our absolute goal is to create a secure & e ective platform for creators
to possess direct control in revenue & revolutionise interaction
between fans/followers and their selective community, for casual users
this platform will also prove useful and e ective in staying updated
with the latest up and coming stars and their creations
WHITE PAPE R V ERSION 1 WWW.NFTTONE.NETTokenomics
TOKENOMICS 02 JUNE 2021
Total Supply
1 QUADRILLION
1,0 00,00 0, 000 ,0 00, 00 0
$T O NE
WHITE PAPER VERSION 1 WWW.NFTTONE.NETTOKENOMICS 02 JUNE 2021
TAX BREAKDOWN
AN 8% TA X I S A P P L I E D T O E A C H T R A N S A C TIO N
2% 2% 2% 2%
Goes to liquidity Redistributed to holders For charity and marketing. BURNED
WHITE PAPER VERSION 1 WWW.NFTTONE.NETTOKENOMICS 02 JUNE 2021
Team
2% Giveaways and prizes to artists
Marketing 5%
3% Development
10%
LIQUIDIT Y IS LO CKED
Circulating on PancakeSwap
80%
WHITE PAPER VERSION 1 WWW.NFTTONE.NETTeam
TEAM 02 JUNE 2021
T ALENT W I N S G A M E S , B U T T E A M W O R K A N D
INTELL I G E N C E W I N C H A M P I O N S H I P S
-MICHAEL JORDAN-
JOHN
C EO
TOMMY S
COO
JEREMY
DE VE LO PE R
SARAH
SOCIAL M E D I A A D M I N
MATT
DEVELOPER
WHITE PAP ER VERSION 1 WWW.NFTTONE.NETRoadmap
ROADMAP 02 JUNE 2021
Our goals
Q2 Q3 Q4
• Release website and logo(v1) • Begin marketing campaigns • Begin heavy marketing
• Create smart contract • Acquire audit campaigns
• Social media setup • Rebrand website and logo (v2) • NFT marketplace launch (web)
• Grow community • Connect with in uencers • Competitions with big prizes
• Launch the project • Expand community • Discover new artists and
• Launch on PancakeSwap • Initiate partnerships creators
• CoinGecko listing • Expand developer team • Begin app development
• CoinMarketCap listing • Further exchange listings
• Complete White-paper • Merchandise store
WHITE PAPER VERSION 1 WWW.NFTTONE.NETinfo@nfttone.net Contact W EBSITE TELEGRAM F A CE B O O K INSTAGRAM TWITTER
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