Skyhitz

Skyhitz

A decentralized platform that enables music NFTs, streaming, and investment through blockchain-powered smart contracts.

About Skyhitz

Skyhitz is an innovative recording platform utilizing smart contracts to empower artists, collectors, and fans. It offers a new way to discover, stream, and invest in unique music tracks secured by blockchain technology. Using Stellar’s Soroban smart contracts, artists can generate recurring revenue through music NFTs, while fans can support their favorite artists and earn rewards. The platform promotes transparency, full control over music rights, and seamless access to exclusive content, redefining how music ownership and monetization work.

How to Use

Create a free account using your email, set up a digital wallet, and start exploring, streaming, or investing in music NFTs. Artists can submit their music NFTs for review and listing on the platform.

Features

Real-time charts driven by APR
Simple digital wallet setup
Transparent revenue sharing for artists
Marketplace for music NFTs
Secure smart contracts for music
Music streaming with likes and downloads
Decentralized platform infrastructure

Use Cases

Artists monetize music through NFTs and earn recurring income
Users stream and download music NFTs
Collectors buy fractions or complete music NFTs
Fans invest in NFTs and earn revenue from streams and interactions

Best For

Music investorsMusic enthusiastsBlockchain usersMusicians and artistsMusic producersNFT collectors

Pros

Transparent revenue sharing for artists
Leverages advanced blockchain technology
Fans can earn rewards for participation
Direct artist-fan engagement
Easy signup with email
Low transaction costs via Stellar’s Soroban

Cons

Platform is relatively new, limiting adoption
Success depends on quality and demand for NFTs
Technical challenges observed during live events
Requires understanding of blockchain and NFT concepts

Frequently Asked Questions

Find answers to common questions about Skyhitz

How can I participate as a music creator?
Use the Skyhitz landing page with your email and NFT link. After review, accepted creators can start earning rewards.
Which blockchain network does Skyhitz operate on?
Skyhitz is built on Stellar’s Soroban smart contract platform.
Is a digital wallet necessary?
Yes, a digital wallet is required to manage and interact with music NFTs. The platform simplifies wallet setup with your email.
Can I listen to music without buying NFTs?
Absolutely, you can stream music NFTs freely on the platform without purchasing.
How does Skyhitz ensure fair revenue distribution?
Smart contracts automate transparent royalty payments based on fan interactions and streams.
What types of music are available?
A wide variety of genres and exclusive tracks are available for streaming and investment.
Is the platform suitable for new artists?
Yes, Skyhitz offers an accessible way for emerging artists to showcase and monetize their music via NFTs.
How secure is the platform?
Using blockchain technology and smart contracts ensures secure, tamper-proof transactions and ownership rights.