➖Business Model

AmigoSound is a community-driven platform that will utilize a native token, $AMIGO, to incentivize participation and contribution from community members.

The platform may generate additional revenue through different types of monetization such as:

Subscription-based revenue model: this would allow users to pay a monthly fee for unlimited access to the music library. The revenue generated from subscriptions can be shared with music creators and rights holders.

Advertising revenue: Advertisers can be charged to display their advertisements on the website. This revenue can also be shared with music creators and rights holders.

Token-based revenue model: The website can issue its own tokens that can be used for various purposes, such as paying for subscriptions, buying music, or tipping artists. The tokens can be traded on decentralized exchanges, providing liquidity for users.

Licensing revenue: The website can negotiate licensing deals with music labels and rights holders, allowing them to offer their music to users. This revenue can be shared between the website and music creators.

Live streaming revenue: The website can offer live streaming events and charge users for access. The revenue generated can be shared with the artists and rights holders.

The platform may generate revenue by offering exclusive airdrops and rewards to token holders.