Snapmuse.io

Terms of the Snapmuse.io (SMX) sale:

• IDO Type: Refundable
• Total Raise: $300,000
• PEG: 1.36
• Token price on public round: $0.02
• FDV: 10M USD
• Listing: April 19th, 2024, at 13:00 UTC on Gate.io
• Token Unlocks: 15% unlocked on TGE, 30 days cliff and then 180 days linear vesting
• Blockhain Network: BSC
• Token Ticker: SMX
• Token Supply: 500,000,000
• Initial Market Cap: $190,000
• Initial Circulating Supply: 9,500,000
• Hard Cap: $800,000
• Mainnet Token Contract: https://bscscan.com/token/0x8c6149aaea8161e2015fa563040a916e90d16dca

What is Snapmuse.io (SMX)?

Snapmuse.io is the web3 funding platform of the entertainment industry. It was developed by the founders of Snapmuse.com. Unlike traditional funding platforms, Snapmuse.io gives you the opportunity to be part of exciting projects from social media creators and musicians to gaming studios. Fund it! Build it! Reward it! Snapmuse.io enables founders from the entertainment industry such as social media channel owners (YouTubers, Tiktokers), influencers, gaming studios, AI projects etc. a.k.a. “Creators” to mint NFTs of their projects and sell them to retail NFT collectors (a.k.a. “Collectors”). We give the Collectors (fans and users) the opportunity to buy exclusive access to their favorite Creator in a gated community and earn special rewards as well as monetary rewards based on RWA such as channel advertisement revenues, game item sale/subscription revenues and music royalties from the reward pool according to their engagement depending on the type of NFT offered by the Creators.

Further down the line, Snapmuse.io will also enable brands to create “missions” for the fans of a specific creator, thereby enabling them to boost their influencer driven reach campaigns with engagement and actions from organic users. Fans will get rewards for completing these missions, and for the first time get rewarded for the time and attention they spend on social media.

Snapmuse.io allows projects and influencers to mint different type of NFTs including Creator NFTs which allow Fans to get rewarded based on project performance such as Youtube Creator NFTs.

See articles on our Youtube Creator NFT model here:

Youtube Creator NFTs target a huge market which constitutes only a small portion of the overall potential reach of the Snapmuse.io platform, which will allow the distribution of rewards based on RWA and engagement transactions in SMX tokens!

What makes Snapmuse.io (SMX) unique?

Unique value proposition of Snapmuse.io is that it is aiming to implement the successful business model of Kickstarter within Web3.0 with a focus on the entertainment industry where Creators of all kinds are in constant need of funding and engagement. Snapmuse.io acts as a fundraising and community boosting tool for new and bold ideas in the entertainment industry.

Web 2.0 Competitors:

• Spotter.com - A royalty catalogue that funds Creators (Youtubers’) by buying-off all of their content. (HWM Valuation: USD1.7 billion)
• Kickstarter - A crowdfunding platform that offers non-monetary perks to the project backers. (HWM Valuation: N/A)
• Patreon - an exclusive community and content platform for Creators. (HWM Valuation: USD4 billion)

Web 3.0 competitors:

• No direct competitors in entertainment ecosystem. Below are competitors in broader Creator's Economy.
• Royal.io - An NFT marketplace designed for Music artists which allows them to mint song NFTs embedded with royalties (HWM Valuation: USD21 billion)
• Opulous - An NFT marketplace designed for Music artists which allows them to mint song NFTs embedded with royalties (HWM Valuation: USD3.7 billion)
• XCAD - An engage-to-earn platform for Youtuber fans. (HWM Valuation: USD1.8 billion)

Why is our solution better than others? 

We don’t overburden the Creator by forcing them to sell-off their content completely (Jellysmack and Spotter), or by pushing them to generate more content (Patreon) which leads to Creator burn-out. Furthermore, we enable collectors to earn monetary rewards for their contributions in growing the project, as well as non-monetary perks (Kickstarter). Finally, the collectors get the opportunity to showcase their ‘stake’ in the project via their NFTs.

From a business standpoint, Snapmuse.io is a less capital intensive and therefore much scalable solution in comparison to Jellysmack and Spotter.com due to its P2P structure (Creator-Fan funding). Furthermore we upgrade the fans from being mere consumers and donators (Patreon) to core members of the Creator’s universe. 

Compared to our web3.0 competitors, we target a much wider market - not only music or Youtube, but the entertainment industry as a whole.

What is Snapmuse.io (SMX) roadmap?

Snapmuse.io (SMX) revenue streams

• Service fees as a % of initial NFT sales volume
• Service fees as a % of reward distribution volume
• Service fees for additional MCN services provided to Youtubers and Content creators
• Service fees to brands for engage-to-earn campaigns

Snapmuse.io (SMX) product dive

MVP

Snapmuse.io launched its MVP with Tier-1 YouTubers with over 40 million subscribers in Latin America. The MVP is a revolutionary web3.0 marketplace which allows users to authenticate and open their wallets via Google signup and easily purchase NFTs via credit cards.

Launchpad (Permissionless NFT launchpad for Tier-2 & Tier-3 Youtubers and Tiktok and Instagram Creators)

Snapmuse.io aims to provide Creators of all sizes across platforms with the ultimate permissionless NFT launchpad that harnesses ease-of use with in-house developed tools and offers SMX playground as a community and monetization augmentation tool.

Snapmuse Universe (Creator Economy hub where Creators and Fans can both benefit financially from AI analytics and Brand Collaboration deals)

Snapmuse.io is set to become a Creator Economy Hub where Creators, brands and fans grow together with their communities.

What are token utilities of Snapmuse.io (SMX)?

What is Snapmuse.io (SMX) marketing strategy?

First users have been acquired by dropping Youtube Channel NFTs of two of Latin America's most celebrated social media creators Mariana Avila (@marianamiamorch) and Sofia Castro’s (@sofiaalcastro), each boasting more than 40M loyal followers across platforms and they onboarded thousands of organic users that were also new to Web3. During this time we accompanied our push to raise awareness about our project with PR efforts. As such we worked with Market Across to give visibility to our efforts. 

Going forward, we will build on our reach by:

• Marketing activity of the recently onboarded crypto KOL's with audiences amounting to millions 
• NFT drops of Crypto Creator KOLs 
• Conducting audience growth actions such as AMAs, engagement rewards and regular community activities.
• Collaborating with other crypto projects in the space of Gaming and AI to cross-polinate our community.

What technologies Snapmuse.io (SMX) created and used?

We are providing a first-time smooth dApp UX in crypto by implementing;

• Google sign-up/sign-in to the platform!
• Automatic wallet generation following the Google sign-in!
• Automatic NFT and token purchase via credit cards!
• Moreover, we are developing a seamless browser extension which will follow fan actions on social media to track and report the value created for brands during the engage-to-earn brand campaigns.

Who are the team of Snapmuse.io (SMX)?

Our team began its journey with Snapmuse.com, an online music licensing platform that comprises a self-owned library of 16,000 music tracks and 18,000 sound FXs. As of today, Snapmuse has over 300 thousand sign-up users. The team brings its expertise with Youtube Creators and digital economy to web3.0 with Snapmuse.io.

Currently we are a team of 15 filling the following functions; tech & product (5), marketing & communications (2), content (i.e. Snapmuse.com - 6), finance & treasury (2).

Key Figures:

• CEO - Moris Alhale (Founder of Snapmuse.com and Snapmuse.io, SMG Music, serial entrepreneur for 14 years in digital entertainment) https://www.linkedin.com/in/morisalhale
• CTO – Enes Malik Terzi (EX-Sahibinden.com, leading online marketplace in Turkey) https://www.linkedin.com/in/enes-malik-terzi-6904b67b/
• CMO - Barış Akkiriş (Ex-Trendyol leading retail marketplace in Turkey owned by alibaba, Ex-misli.com CMO leading online betting platform in Turkey) https://www.linkedin.com/in/barisakkiris
• CPO – Yener Levi (Ex-Turkcell, leading telco in Turkey, Ex-Sahibinden.com, leading online marketplace in Turkey) https://www.linkedin.com/in/yenerlevi

Who are Snapmuse.io’s (SMX) solution providers?