CT Software Solutions
Nov 23, 2022
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Ongoing

Apollo Beats NFT

$75,000+
2-3 months
United States, Los Angeles
2-5
Service categories
Service Lines
Big Data
Software Development
Design
DevOps
Mobile Development
Web Development
Domain focus
Consumer Products & Services
Media & Entertainment
Programming language
JavaScript
Frameworks
Angular.js
Node.js

Challenge

We had to create a smart contract on the Ethereum blockchain to function as an escrow entity. Then, we had to remix the system to track user investments for each performer, allowing users to collect their proportion of investment returns by incorporating Web3 for the revenue-sharing feature. This was a complex system to build, but it was necessary in order to create a fair and transparent system for users.

Solution

We had to create a smart contract on the Ethereum blockchain to function as an escrow entity. Then, we had to remix the system to track user investments for each performer, allowing users to collect their proportion of investment returns by incorporating Web3 for the revenue-sharing feature. This was a complex system to build, but it was necessary in order to create a fair and transparent system for users. -Portfolio-Building Capability for Music Producers -Marketplace to Sell Beats, Instrumentals, and Licensed Sound Kits -Checkout and Payment Processing -Revenue Payouts -Revenue-Sharing Smart Contracts

Results

Apollo Beats is a music marketplace allowing independent producers and engineers to sell original instrumentals and sound kits to accredited musicians and the general public. In addition, producers can use Apollo Beats to sell or lease their content and receive payment immediately. Apollo Beats also uses Web3 to share revenue, allowing users to further their investment in their favorite artists and share in their success.