# Marketplace **Status:** In development ## Turn Your Music Into Investment Opportunities Volume's Marketplace lets you sell fractional ownership of your future revenue streams as NFTs on Solana, without giving up your copyrights or master recordings. Fans and investors can buy into your success while you maintain full creative control. ### What You Can Sell Think of it like selling shares in your music's future earnings: **Publishing Revenue** * Your writer's share from ASCAP * Your publisher's share from ASCAP * Mechanical royalties from MLC * Future sync licensing income **Recording Revenue** * Streaming royalties from all platforms * Download sales * Future distribution income * Ticket sales from tours * Merchandise revenue **Additional revenue sources coming soon** You can sell any combination of these: just publishing, just recordings, or everything together. ### What You Keep This is important: **You always own your music.** ✅ You keep your copyrights ✅ You keep your master recordings ✅ You keep creative control ✅ You choose what percentage to sell You're only selling a portion of the *money* your music generates, not the music itself. *** ## How It Works ### Step 1: Qualify To list on the Marketplace, you need: * **Full Coverage subscription** ($199 first year, $149 renewal) * Volume managing your publishing (ASCAP + MLC) * Copyright registration on your tracks * Proven revenue history (see eligibility below) ### Step 2: Choose What to Sell Decide which revenue streams to include: * Individual tracks or your whole catalog * Publishing only, recordings only, or both * What percentage of revenue to sell (you control this with a slider) The platform automatically calculates the optimal collection size based on your earnings and the percentage you choose. ### Step 3: Set Your Launch * **Whitelist access** - The whitelist is open for a limited time to fans holding tokens from the Discord bot (earned by streaming your music) * **Minting requirement** - If the whitelist doesn't fill, the sale is cancelled (no public sale occurs) * **Collection pricing** - All NFTs are priced at a minimum of $0.50 each ### Step 4: Launch * You pay a **$99 minting fee** per track * Qualified fans purchase NFTs during whitelist period * When sale completes, NFTs are revealed * You and Volume split the sale **85-15** (you get 85%) ### Step 5: Earn * Buyers receive their share of your revenue streams automatically * You keep making music and growing your career * If holders resell NFTs, you earn **2%** on every secondary sale *** ## NFT Valuation & Eligibility ### $0.50 Minimum TGE Price We enforce a **hard minimum TGE price** of **$0.50 per NFT**. This keeps launches healthy by preventing "penny NFTs" and forcing collections to be minted in **meaningful units** (not hyper-fragmented supplies that immediately race to the bottom). Because **price is fixed**, launch health comes from controlling **who is eligible** and **how large the collection can be** based on the artist's real earnings and the percentage they're willing to allocate. ### Variables * **P₀** = hard minimum TGE price per NFT (**$0.50**) * **N** = number of NFTs in the collection (supply) * **E** = artist's average monthly earnings (streaming + PRO + MLC), typically trailing 3-6 months * **p** = percentage allocated to NFT holders (decimal; 20% → 0.20) ### Core Quantities **1) Floor market cap at launch (at the minimum price)** This is what the collection "costs" at the floor: ``` C₀ = P₀ × N ``` **2) Holder allocation pool (based on earnings)** This is how much economic weight is being routed to holders in aggregate (based on trailing averages): ``` Pool = E × p ``` ### The Readiness Check: Fragmentation vs. Economic Weight The key risk for early artists is **fragmentation**: minting too many NFTs relative to the size of the holder pool. Even with a $0.50 minimum, if the collection is oversized, each NFT represents a tiny slice and the market treats it like spam. So we define the **per-NFT claim weight** (based on averages): ``` W = (E × p) / N ``` * Bigger **W** means each NFT represents a more meaningful unit * Smaller **W** means the collection is too fragmented for the artist's current scale To make this a platform rule, we set a minimum acceptable weight **W\_min** (a constant chosen as policy), and require: ``` W ≥ W_min ``` This becomes your **artist readiness filter**. ### What We Solve For In Practice **A) Max collection size allowed (given earnings + percentage)** If an artist has earnings (E) and chooses allocation (p), the largest supply that stays above your minimum weight is: ``` N_max = ⌊(E × p) / W_min⌋ ``` **B) Minimum earnings required (given desired supply + percentage)** If an artist wants a specific supply (N) and allocation (p), the minimum earnings required to be eligible is: ``` E_min = (N × W_min) / p ``` ### Where the $0.50 Minimum Actually Matters The $0.50 minimum is the **pricing floor**: * It sets a **non-trivial unit price** at TGE (no micro-pricing, less undercutting pressure) * It forces you to treat **supply (N)** as the primary lever for launch health * Combined with the readiness filter above, it prevents launches where the collection is "cheap per unit" but **massively oversized** ### Example (Just to Show the Math) If: * E = $1,000 per month * p = 0.20 (20%) * N = 500 NFTs Then: ``` C₀ = 0.50 × 500 = $250 (total cost at floor) Pool = 1000 × 0.20 = $200 (monthly allocation to holders) W = 200 / 500 = $0.40 (monthly revenue per NFT) ``` You'd compare **W = $0.40** to your policy threshold **W\_min** to decide eligibility and sizing. *** ## Costs & Fees ### Primary Sale (Your Initial Launch) * **$99 minting fee** per track (one-time) * **85% of sale goes to you**, 15% to Volume ### Secondary Sales (When Holders Resell) * **2% royalty to you** on every resale * **1% fee to Volume** * Buyers pay 3% total *** ## Who Should Use the Marketplace? ### Perfect For: * Artists with proven streaming numbers * Musicians looking to fund their next project without loans * Creators who want their fans to share in their success * Anyone building a catalog and needs working capital ### Not Right For: * Brand new artists without revenue history * Artists not ready for Full Coverage subscription * Anyone uncomfortable sharing future earnings *** ## Important Notes ### Revenue Must Flow Through Volume NFT buyers only receive revenue that Volume processes. **Current requirement:** You must distribute through Volume to sell on the marketplace. **Future possibility:** Volume may support other distributors on the marketplace if artists add Volume as a stakeholder on that portal. This is pending and not currently available. ### You Need Full Coverage Marketplace access requires the Full Coverage subscription because: * Volume must administer your ASCAP publishing * Volume must handle your MLC mechanicals * Copyrights must be registered * We need to redirect payments to NFT holders ### Whitelist-Only Sales The whitelist is only open to fans who have earned tokens from the Discord bot by streaming your music. If the whitelist period ends without filling, the sale is cancelled. There is no public sale. *** ## The Bigger Picture The Marketplace isn't just about getting money upfront. It's about: * **Building community** - Your fans become invested in your success * **Maintaining ownership** - You never give up rights, just share revenue * **Verified data** - All earnings tracked through the Implied Value Index * **Fair pricing** - Transparent metrics let buyers make informed decisions * **Future opportunities** - Proven revenue history opens doors When you list on Volume's Marketplace, you're not just selling revenue streams. You're inviting people to believe in your career and profit alongside you. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.volume.buzz/platform-features/marketplace.md?ask= ``` The question should be specific, self-contained, and written in natural language. 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