What is Cadence,
and how does it work?
Cadence is a Web3-powered crowdfunding platform designed to support independent
musicians. It connects artists, funders, and advertising specialists to create a thriving music
ecosystem. Musicians gain support to grow their audience, funders invest in artists’ growth and
NFTs, and advertising specialists run promotional campaigns to boost visibility.
Question
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Do I need to be familiar with NFTs or Web3 to join Cadence?No, you don’t need any prior knowledge of NFTs or blockchain. Even if you’re focused solely on releasing music on streaming platforms, you can benefit from Cadence’s curated playlists and promotional support
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How can Cadence help my music reach more listeners?Cadence features your tracks in curated playlists that are updated regularly and promoted to a global audience. Additionally, Cadence offers community-funded Facebook and Instagram ad campaigns to help you gain organic streams and new listeners.
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Is there a fee to submit my music to Cadence’s playlists?Yes, there’s a small submission fee. If you pay using Cadence’s governance tokens, you’ll receive a discount. Unlike other platforms, Cadence ensures the fee is fair and less than the revenue you’ll earn from our community’s organic streams.
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Can I open multiple accounts in your program?I am not affiliated with any specific Bitcoin mining program, but I can provide general guidance.
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Do you charge withdrawal fees?I do not charge any fees myself, as I am a text-based AI model developed by OpenAI. However, when it comes to cryptocurrency transactions, including withdrawals from exchanges or wallets, fees can be incurred due to the network's design and the services you are using. Here's a brief explanation:
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How does the affiliate program work?Affiliate programs are marketing strategies that reward individuals or entities (affiliates) for bringing in new customers or users to a business or platform. These programs are quite common in various industries, including the cryptocurrency and blockchain space. However, I do not have access to real-time information, and my knowledge is based on information available up until September 2021. Therefore, I can provide a general overview of how affiliate programs typically work, but you should consult the specific program's terms and conditions for accurate and up-to-date information.
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What role do funders play in Cadence?Funders support musicians by investing in their growth. This includes backing ad campaigns, helping to boost streaming visibility, and staking governance tokens. Funders also participate in the secondary NFT marketplace and can earn returns based on the success of the artists they support.
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How does the refund option for funders work?If you complete your assigned tasks (e.g., streaming, following, playlisting) and the music doesn’t meet performance goals, you can request a partial refund. This refund is subject to a community vote to ensure fairness.
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Do I need a premium streaming account to participate as a funder?Yes, a premium subscription to platforms like Spotify, Apple Music, or Deezer is required. This ensures your streaming activity provides real, trackable value to the artists.
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What is the role of an advertising specialist on Cadence?Advertising specialists collaborate with musicians to plan and execute Facebook and Instagram ad campaigns. They manage budgets, optimize performance, and report results, helping artists grow their streams and reach.
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How much can an advertising specialist earn on Cadence?For each campaign, advertising specialists receive 25% of the allocated budget. For example, if $2,000 is set aside for a campaign, $500 will be your share for managing and executing the ads.
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What tools or experience do I need to join as an advertising specialist?You should have expertise in running Facebook and Instagram ad campaigns, preferably with experience promoting music. A strong understanding of audience targeting and campaign optimization is essential.
Technical Questions
TECH questions? We have the answers!
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What are Cadence’s governance tokens, and how are they used?Governance tokens are the platform’s native cryptocurrency, used for submissions, staking, and voting on decisions like refund requests or community initiatives. They also offer discounts on music submissions and other features.
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How secure is Cadence?Cadence is built on the Soneium Minato blockchain by Sony, ensuring fast, secure, and transparent transactions for all users.
FUTURE
Future Opportunities
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QA : 01 What if I’m not ready for NFTs or Web3 now?
No problem! You can still participate by submitting your music for curated playlists or
backing artists as a funder. These opportunities help you build a foundation for future growth,
whether or not you choose to explore NFTs later. -
QA : 02 How can I track my progress on Cadence?
The platform provides transparent reporting for all users. Musicians receive updates on
streams and playlist performance, funders track returns and NFT sales, and advertising
specialists monitor campaign metrics. -
QA : 03 How can I join Cadence?
It’s easy! Whether you’re a musician, funder, or advertising specialist, simply create an
account, connect your digital wallet, and start contributing to the Cadence community.
