Everyone has Spotify installed on their mobile phone, if it is not Spotify then you would have a local app for streaming music on the go. None would pay you to listen to songs, like, comment, and dislike the song on their platform. They would charge you a monthly or yearly subscription amount to use their platform.
With Web3 applications coming out daily, there was void space in the music streaming and engagement sector. Clousound noticed this problem and found an opportunity to create a rewarding platform that incentivizes its users. Using the BNB Smart Chain every active user would be paid a fixed amount of $CLS token for listening to songs, liking, commenting, disliking, and much more.
The feature that made me write about them was when I found out on
earn $CLS link that, anyone can earn their token by uploading any song without worrying about copyright issues. Meta and its products have been doing it for some time, I am assuming that they are following the same terms.
The total supply of Clousound tokens goes down with each transaction, making it deflationary. I think it is an interesting project which I believe is unique, that is the reason for me sharing about this project here.
I am not shilling or promoting this project, I am not part of the team. I felt the project was unique, not sure if other projects have been already discussed here.
Where is $CLS being traded? You can trade $CLS on PancakeSwap using the contract address 0xf848110edfF52f506CB0F256cbB641B5Ef9c9c2d.
Do you guarantee the project won't quit?I do not guarantee anything. You have to make your own decision.
Future of this applicationIf you're into crypto and music like me, check out Clousound. It's a cool way you can earn while enjoying the tunes you love! Let me know what you think if you end up trying it out.
Website link: https://www.clousound.com