Skyhitz - Beats market for music creators

alejomendoza

Image header

Project title: Skyhitz
Summary: Beats market for music creators

Category: Applications

Goals:

Create a new income stream for music producers
Create a platform that enables musicians to upload, buy and sell beats
Allow users to get paid in XLM or Anchored Currencies

Timeline:

Launched app for iOS and Android (March 22nd)
Launch app for Web (April 1st)
Launch service that allows users to purchase tokens backed by a Stripe account in U.S dollars ( April 15th )
Handle withdraws to external Stellar addresses ( April 30th )

Description:

Skyhitz enables musicians to safely trade their music creations using the stellar network. This project is valuable for the community because it shows the power of the network, it demonstrates how people can safely transact very valuable assets in less than 5 seconds without expensive fees. Stellar is being used at the core of our application to transact money among users and make withdrawals to external Stellar addresses.

We also believe in the benefits and transparency that open source brings to the world. We have all of our frontend and backend code open to the public so they can learn how to create a Stellar app.

Links:

Tags: music beats, beats market, music app, music creators

Justin

Great project

alejomendoza

Justin Thank you Justin! feel free to download our app and check the beats our users have uploaded. Let us know what you think and what can we improve.

John

alejomendoza
Hi i installed your app there are two problems
1-there is no injection or anything of Stellar network like wallet or ... I mean app doesn't interact with Stellar network
2-in sign up page you don't validate email, I registered in your app by a fake email.

alejomendoza

John Thanks for checking it out,

We do use the Stellar Network -> https://github.com/skyhitz/api/blob/staging/payments/stellar.ts
We plan to validate email in the near future for future sign ups.
We are currently working on the release to integrate payments on the front-end so the user can choose a subscription plan or purchase tokens directly with a debit/credit card.
We want to use AnchorUSD so instead of issuing our own token we can use theirs.

John

alejomendoza
Thanks for your answer but please send a screenshot from your app that where you used from the Stellar network.
I didn't find anything.

dzham

Whats the benefit to you of using Stellar instead of e.g. Stripe, and what's the benefit of the user?

alejomendoza

dzham Very interesting questions, thanks for checking us out!

The benefits of us using Stellar instead of Stripe are:

We can automate most of our payments to users anywhere internationally and we can show the music community transparency on equal opportunity generation. Most music startups benefit creators located in their country first.
So that musicians can trade very valuable assets (their intelectual property) without many obstacles in the middle and without legal paperwork.

The benefits of our users using Stellar:

It gives them options on getting paid regardless of where they live.
They get paid instantly.
Gives them access to financial alternatives that aren't just their local banks and they can save their earnings in strong currencies.
They can get paid in small amounts of money.
It gives them an alternative to manage their resources.

marcinx

Hey! Great project. Love the idea of a marketplace for sounds. A little bit like marketplaces for images on the internet but for audio.

If you want, we can help you integrate payments in native Bitcoin, Ethereum, Litecoin, XRP and any asset on the Stellar Network into your payments interface on your web and mobile apps. Your users can then pay in any of the above, while you settle in e.g. USD token. Exchange happens in real-time on the SDEX. It's easy to implement with any HTTP client and literally less than 100 lines of code. You can capture payments and automatically issue withdrawals to any of the above blockchains or bank accounts via API. Our API docs can be found here: https://www.coinqvest.com/en/api-docs

Ping me up at @marcinx on Keybase and I'll help you get started 🙂

alejomendoza

marcinx Thanks Marcin, looks very interesting. We definitely want users to be able to pay with any crypto. Will check it out!

samuelconner

Selling beats and song writing is all about royalties/points. How are are you handling the contractor side of this business and tracking? What would stop a major artist or producer from coming in and buying music for pennies at a flat rate and turning it into millions?

alejomendoza

samuelconner Great question Samuel, here we could offer part ownership of beats/songs so the creator can raise money without giving out the whole equity of their creations.

samuelconner

are you using the dex on the backend?