TheTopSpotOnline, Inc and its SPOTT Token steps in to the NFT Platform arena with a new take on the Music NFT and a plan to reshape the music and NFT industry.
RALEIGH, N.C., March 14, 2023 /PRNewswire-PRWeb/ -- TheTopSpotOnline, Inc. is pleased to announce the launch of its ICO for The SPOTT Token. The SPOTT Token is a utility token designed to be the primary currency of TheTopSpotOnline.com.
TheTopSpotOnline team has built an NFT platform, currently in beta testing, centered on recording artists music, Music NFTs, streaming platforms, and cryptocurrency using their US Patent Pending process for monetizing NFTs. The platform allows recording artists to create Music NFTs tied to their songs on the top streaming platforms and then sell their Music NFTs to their fans. Solving the problem of being able to sell their music directly to fans at a fair price.
Bradley Jones founder of TheTopSpotOnline, received a US provisional patent for a process for monetizing NFTs. He says, "TheTopSpotOnline.com is positioned to change the way fans look to purchase music and our SPOTT Token is the backbone of that platform."
Music NFTs at TheTopSpotOnline allow artists to make limited edition collections of NFTs tied to each song on each individual streaming platform that hosts their music. A Music NFT allows an artist to set their own price and sell their Music NFTs directly to fans. The Music NFTs work in concert with the streaming platforms. As their songs grow in popularity the Music NFTs can grow in value. Music NFTs at TheTopSpotOnline currently work with streaming platforms like Spotify, SoundCloud, Apple Music, YouTube, Amazon Music, Tidal, TikTok and others.
In addition to the music, fans receive a stake in their favorite artists' career and success. TheTopSpotOnline tracks a songs growth as its streams and playlist placements increase on streaming platforms. TheTopSpotOnline also enables an artist to create their own Cryptocurrency a NTP-1 Token on the Neblio blockchain, which they can use to reward their fans who have purchased their Music NFTs, based on the song's growth on the related streaming platform.
The economy of the TheTopSpotOnline platform is based on the SPOTT token, the public sale starts at the end of March. The ICO consists of 3 rounds. The first being a private sale. The public sale. Users will be able to purchase the SPOTT token as a form of payment on TheTopSpotOnline platform when it launches.
The exact rules of token distribution and a detailed roadmap are described on the SPOTT token ICO page.
About TheTopSpotOnline, Inc.: TheTopSpotOnline, Inc. is a technology company that aims to change how content creators and fans interact. TheTopSpotOnline.com, the company's flagship product, permits artists to monetize their work while also allowing fans to support and profit from their favorite recording artists. TheTopSpotOnline is committed to changing how music is bought and showing that Music NFTs are the future of the industry.
Website: https://www.thetopspotonline.com/ico/index
Email: [email protected]
Facebook: https://www.facebook.com/thetopspotonline/
Twitter: https://twitter.com/topspotonline
Media Contact
Brad Jones, TheTopSpotOnline, Inc, 1 9196280981, [email protected]
Eric McClinton, TheTopSpotOnline, Inc., [email protected]
SOURCE TheTopSpotOnline, Inc
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