Finay offers artists a unique platform where they can fully control, monetize, and connect with their fans in ways that traditional music platforms don’t allow. Here’s how Finay is designed to empower artists, giving them the freedom and flexibility they deserve:
Ownership of Content and Earnings
Unlike traditional platforms, where artists often give up a portion of their earnings to intermediaries, Finay allows artists to retain full ownership of their content. By selling music, lessons, and exclusive experiences as NFTs, artists earn directly from their fans. This means that every transaction—whether a purchase or a resale—goes back to the artist without intermediaries taking a cut.
Direct and Continuous Revenue through Royalties
Finay enables artists to set royalties on every resale of their NFTs, meaning they continue to earn whenever their work is resold. With royalties ranging from 0-20%, artists benefit from long-term revenue instead of only receiving a single payment at the time of initial sale. In a way that traditional platforms can’t offer, Finay ensures that artists are rewarded every time their work is valued by fans in the marketplace.
Gas-Free Transactions Covered by Finay
On Finay, artists don’t have to worry about transaction costs cutting into their earnings. Finay covers all gas fees for transactions on the Polygon network, so artists can sell and interact without fees taking a toll on their profits. This cost-free structure allows artists to engage with their fans freely, without the financial burden associated with most blockchain platforms.
True Community Building and Direct Engagement
Finay is built with community at its core, offering artists tools to directly engage with their fans. Through features like Backstage Passes, artists can offer exclusive content, private channels, and early access to new releases, creating a more intimate and loyal fan base. This direct engagement removes the barriers that typically separate artists from their audience, allowing for genuine connections and ongoing support.
Flexible Monetization Options Beyond Streaming
Unlike traditional platforms that focus solely on streaming revenue, Finay gives artists the freedom to monetize in multiple ways. Artists can offer live music events, music lessons, and even therapy sessions as purchasable experiences. Fans can support artists by buying exclusive music or collectibles, tipping, or participating in unique, artist-led events. This diversity of offerings creates a richer income stream for artists and a deeper fan experience.
Fairer Revenue Distribution
On many traditional platforms, artists receive only a small fraction of the revenue generated from their music due to high platform fees and third-party cuts. Finay flips this model by ensuring that artists keep 100% of their earnings from primary sales. This fair distribution means artists are properly compensated for their work, and fans know that their support goes directly to the creators.
Complete Transparency through Blockchain Technology
Finay’s use of blockchain brings transparency to every transaction. Artists can see exactly how their work is bought, sold, and valued by fans, with a clear record of all sales and resales. This transparency removes the ambiguity that often surrounds streaming and traditional sales, giving artists more control and insight into their revenue streams.
A Sustainable Approach to Music Distribution
Finay’s partnership with Polygon ensures that every transaction is environmentally responsible, addressing a growing concern for artists and fans alike. With Polygon’s energy-efficient Proof of Stake model, artists can engage in Web3 without contributing to the environmental costs associated with traditional blockchains. This sustainable approach is aligned with Finay’s commitment to responsible and ethical music distribution.
Why Finay’s Model Matters for the Future of Music
Finay isn’t just another platform; it’s a movement to give artists control over their careers, revenue, and relationship with fans. In the traditional music industry, artists are often at the mercy of platform algorithms, intermediaries, and limited revenue models. Finay’s Web3-powered, artist-centric marketplace creates a fair and flexible environment where artists can thrive on their terms.
With Finay, artists have more than a platform—they have a partner in building a sustainable, community-driven career.