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

FAQs

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.