MIAMI – eTradeWire — BOOMN INC., an audio blockchain technology enterprise, just announced the debut of their NFT-based application. Where some platforms, like Bitcoin, are based in proof of work, BOOMN has brought something entirely different to the table they call “Proof of Sound”. BOOMN’s patent-pending protocol was demonstrated by it’s sleek, user-friendly application, for the very first time at NFT BZL at the FTX Arena in downtown Miami, Florida.
We saw how this revolutionary technology can benefit artists, producers, and all sorts of companies and creators who use sound in their marketing strategies or platforms.
The app, founded by Miami-based, multi-platinum producer, Daniel ‘Draydel’ Sado, allows users to actively listen to a piece of audio, verifying the proof of sound, and subsequently minting NFTs (Non-fungible tokens). The creators can distribute incentives to the listeners through the app or automatically send the listener an NFT they have previously queued up in their dashboard.
Draydel, CEO of BOOMN, says: “Proof-of-Sound NFTs will change not only the entertainment industry, but all industries, forever. Artists will become more directly involved in their revenue, engagement and distribution of their art, and fans will receive even greater value from the music they already love.”
The monetary value of these Proof-of-Sound NFTs is tremendous for creators and listeners alike. Fans will strive to be first to concerts that give out limited access to NFTs. Big-time to small-time artists are able to incentivize their fans to become more involved. Through this involvement, the value of each NFT and popularity of the artists will only rise. Creators also have the potential to earn money through NFTs. And listeners can earn money through the NFT resale value.
To begin onboarding users to the platform quickly and easily, BOOMN is launching on Ethereum’s Layer 2 solution, Polygon. This reduces friction on traditional NFT minting, as well as getting the ecosystem secure with users, to make its transition to its own protocol in Q2 of 2022. This makes it more accessible to mainstream audiences and even fans with no foundation in the crypto space.
Currently, users can sign up at https://www.boomn.io to take part in their official founding-members NFT program, including first access to set up their dashboards, playlists, and load up their NFT incentives.
Creators simply subscribe to BOOMN using the application, then configure their dashboard. Once that is done, the artist or creator is free to create unique NFTs and begin selling them or giving them away to customers, by utilizing BOOMN’s Marketplace (name releasing in Feb 2022). There’s a lot of ways to make money, or build a powerful audience with BOOMN and it’s incredible technology.