Dynamic NFTs for music Artists. The new monetization channel in the music industry.
Music artists are getting around 20% of the revenues they generate through their creations. There is a need to create direct to fan connection in order to remove the middle man which is usually getting most of the revenues. We want to offer a new direct to fan channel which consists in creating dynamic NFTs for music Artists. They could be sold directly to their fans through a link provided by our platform or by selling them in the most common marketplaces.
Our backend stack will be Hardhat, Javascript, nodejs, Solidity (openzeppelin), IPFS, postresql, and Polygon for the blockchain network. Frontend will be created with React as the web framework and web3 as the library. We started developing our contracts in a standard way with truffle but then made it evolved to a more robust and scalable solution by using hardhat and then factory+clone in Solidity.