👋Sinfonia Intro

Sinfonia is a cutting-edge dApp (Decentralised Application) that enables users to create and manage music FanTokens and NFTs on the BitSong and Osmosis Blockchains. With its user-friendly platform, Sinfonia is revolutionizing the music industry by bridging the gap between Web2 and Web3 technologies, empowering artists and music industry players with a range of innovative tools to enhance their projects.

By using Sinfonia, artists and other music industry stakeholders can tokenize themselves or their brands with FanTokens, creating new revenue streams and deeper engagement with their fans. With the ability to tokenize songs, albums, playlists, podcasts, tickets, merchandise, and more through the launchpad and marketplace, Sinfonia offers unparalleled transparency, fairness, and direct engagement for all users.

The NFT Music Player is the perfect addition to the Sinfonia platform, providing automatic perpetual distribution of royalties based on the percentages that accrue to each claimant on those royalties. Moreover, listeners will also be rewarded for the streams they make if the creator of that content has decided to share the earnings with its listeners. The platform offers a set of requisites and actions for listeners to be eligible for the rewards, making it an ideal tool to increase engagement and gamification for Fans and Users.

Sinfonia is the only platform of its kind, providing a complete ecosystem of web3 products tailored for the music industry, from technological innovation to transparency and economic fairness. It offers a new way of engaging with fans, creating a more powerful, direct, and transparent environment for all music industry players. With Sinfonia, the music industry is poised to undergo a technological and creative revolution that will benefit everyone involved.

Features of Sinfonia

The Sinfonia DApp interface offers access to few different features of the platform. These are:

• Assets

• Swap

• FanTokens

• Pools

• Airdrops

• Playground

• Search Engine (testnet, coming soon in mainnet)

• NFT Collections (testnet, coming soon in mainnet)

• NFT Music (coming soon)

• NFT Podcasts (testnet, coming soon in mainnet)

The Assets section is like the “homepage” of the Sinfonia platform. Here, you’ll find an overview of all the Fan Tokens in your Sinfonia wallet, showing how much is available, how much is bonded, and the BTSG price as a reference point.

You can also see all of your Sinfonia assets listed individually, with their tickers and amounts.

Sinfonia is a multi chain platform. On this app you might have assets on different chains (ex. BitSong, Osmosis, Cosmos etc.). In order to be able to provide liquidity on the pools, you might need to perform interchain transfers.

The Swap section is where you can trade your Sinfonia FanTokens for BTSG or other assets. It offers a familiar DEX-like interface, where you simply choose your from/to assets and amounts, and then click to swap, approving the transaction via your browser wallet. You’ll be able to see the estimated slippage and review fees before approval. In the Swap screen, you can also see a preview of the DEX, which shows a table of the top listed Fan Tokens on Sinfonia, together with their 24-hour price movement as a percentage, and the price itself in USD.

The DEX screen shows an enhanced view of the DEX, with the market cap and 24-hour trading volume also included. Visual charts next to each asset allow traders to quickly identify trending FanTokens.

The Pools feature is where liquidity providers can take advantage of the opportunity to earn yields on their Fan Token deposits on the Sinfonia platform. Artists set up their liquidity pools with their preferred token pairs, and providers can then bond tokens to the pool to earn a share of transaction fees, and perhaps even some additional FanTokens as rewards, via Yield Farming.

The Airdrop section is the place where Fans and Users can redeem their prizes if they are eligible. When an artist or FanToken or NFT creator runs a giveaway campaign or calls their community to action by giving FanToken or NFT rewards in return, this will be the place where prizes will wait for their winners.

The Playground is the place where future competitions, being them testnet or mainnet ones, take place. Always take a look to that section in order to be aware of any running campaign.

All the NFT's features are still in Testnet and are scheduled to go in mainnet in the very 1st part of Q1 2023. At the moment you can get an explanation of those features in the Sinfonia NFT Testnet section of this documentation while you can explore them live in the Sinfonia Testnet Environment.