RhythmMural

Rhythm Mural is a fun, community-driven music contest where users create and vote on unique tracks, with rewards for both creators and voters

• GitHub Repo: Rhythm Project GitHub

• Telegram Mini App: Rhythm Telegram Mini App

• Pitch Deck: Pitch

• Contract: smart contract

  

-Smart Contract Address :

0x0536a9dD2F9d694E5a23449792750201Be209050

How It Works

Daily Theme

Each day introduces a new music theme to inspire creativity. Themes can reflect moods, genres, or cultural trends, ensuring fresh and exciting challenges for participants.

Generate Music

Users create unique music tracks by submitting creative prompts based on the daily theme. The platform uses sound generation tools to produce a track for each prompt.

Community Voting

After submissions are closed, the community votes for their favorite music tracks.

Win and Earn

At the end of the day, submissions with the highest votes are declared winners.

Voters Win Too: Users who voted for the winning tracks earn a share of the rewards, encouraging thoughtful and strategic voting.

NFT Mural Minting: The winning track is minted as a unique NFT, forming part of a living, community-curated musical mural. However, only the users who voted for the winning track are eligible to mint this NFT—making their choice both impactful and collectible.

Features

1. Blockchain Transparency:
   All submissions, votes, and reward distributions are securely recorded on the blockchain, ensuring users can trust the platform’s fairness and transparency.

2. Decentralized Engagement:
   The decentralized nature of the platform empowers users, promoting fair participation and community-driven decision-making.

3. Trustworthy Automation:
   Keepers to fully automate key processes, such as starting new themes, closing contests, and distributing rewards. This automation ensures reliability and eliminates any possibility of human interference, fostering user trust.

4. Fair Reward Distribution:
   Smart contracts autonomously manage the reward distribution process, ensuring prizes are allocated based on objective voting outcomes.

Prize Distribution Logic

1. No Submissions:
   If there are no submissions, no winners are declared.

2. Less Than 5 Submissions:
   If there are fewer than 5 submissions, only 1 winner is selected.

3. 5 or More Submissions:
   If there are 5 or more submissions, 3 winners are selected based on the number of votes they received.

4. Voter Share Calculation:

   • The total voter share is calculated based on the total number of winners and the number of voters.

   • Winner weight is 3 times the weight of a voter.

5. Voter Reward Distribution:
   The total voter share is divided equally among all voters who voted for any of the top winners, incentivizing participation and promoting voters to choose wisely.

6. Winner Reward Distribution:

   • The winner share is divided among the top winners based on the ratio of votes they received.

   • For example, if Winner 1 got 50 votes, and Winner 2 got 30 votes, their share of the reward will be proportional to those vote counts.

Demo for Rhythm

• Create Music: Submit a prompt based on the day’s theme. If no submissions, your track sets the theme.

  

• Vote for Tracks: Community votes on the submitted music.

  

• See Top Tracks: Check out the community’s favorite tracks from previous days.

  

  
  

• Track Your Wins & Mint Your NFT:
  Come back the next day to see if your vote made a difference! If the track you voted for wins, you can mint an exclusive NFT, forever captured in the daily musical mural—only available to winning voters.

• See If You Got Featured:
  If you submitted a track, check back to see if it won the day and got pinned to the mural. Winning tracks become part of a permanent, community-curated collection—immortalized as unique music NFTs.

Business Model

Revenue Streams

1. Platform Fee:
   A small percentage of each reward pool is taken as a platform fee to sustain operations and future developments. (Currently Implemented)

2. Premium Features:
   Introduce a subscription model where users can unlock exclusive themes, advanced music generation tools, or additional voting power. (To Be Added)

3. Sponsored Themes:
   Brands or organizations can sponsor daily themes to promote their products or causes, creating a new avenue for monetization. (To Be Added)

4. NFT Marketplace:
   Mint winning tracks as NFTs and enable buying, selling, or trading on a dedicated marketplace. A commission fee will be charged for each transaction. (To Be Added)

5. Community Crowdfunding:
   Allow users to contribute to prize pools or fund specific features, earning recognition or exclusive rewards in return. (To Be Added)

Target Audience

• Music Enthusiasts:
  People who enjoy creating, sharing, and discovering new music.

• Creators and Artists:
  Musicians looking for an innovative way to showcase their talent and earn rewards.

• Blockchain and Crypto Enthusiasts:
  Users who appreciate transparency and decentralized engagement.

• Brands and Sponsors:
  Companies aiming to reach creative, community-driven audiences through sponsored campaigns.

Value Proposition

• For Users: Fun, engaging, and rewarding music contests that celebrate creativity and community collaboration.

• For Sponsors: A unique opportunity to engage with a creative, blockchain-savvy audience.

• For Creators: A platform to gain recognition, grow their audience, and earn rewards.