Sound Family DAO Massive Update.

To ensure equal access to music releases, sound libraries and other sound recordings,we're in urgent need of an active trading system, the latest innovations of technology and a real sense of community. We're interested in creating an unprecedented marriage between blockchain and the audio world by using nft technology. Therefore, we've taken the plunge and created  "Sound Family DAO" with the help of the CatchTheRecord team.  

Sound Family DAO represents a community of sound engineers, musicians, artists, pro-sound companies and all aficionados who are into the field of audio. We're well aware how hard and sometimes unappreciated our work is, even though you don't think so. Thus blockchain allows us to create a decentralized community (DAO), in which all decisions will be made on the basis of its membership voices. All we need is crypto, but it is hardly possible to realize in our real world. Every member of this community can take part into creating new music releases, sound libraries, some money streams, etc. Everyone can  make a difference.  

Thoroughly elaborated tokenomics, a pool of "emergency assistance to colleagues”, the purpose of which is to help those who were left without a fee for their work or cannot conduct professional activities due to some unpredictable events.  

A marketplace with various libraries of sound effects and field recordings for native tokens. we're pioneers in this sphere who will sell sound effects and music for crypto with help of nft's, sft’s and ft's.  

NFT staking for earning native tokens, game app for listening to sounds and earning money, recording label and many others.  

As a part of a partnership program, our team will try very hard to attract the main pro-audio companies, as well as known artists, composers and sound designers.  

More details in the roadmap chapter.  

Crypto is currently at the bottom - the best time to develop and create projects. which is exactly what we do.

Here is a whitepaper of a project. As detailed as possible, after reading it you are unlikely to have any questions left. But if they do, be sure to ask.

Updated tokenomic:
Sound Recoding Coin (SREC):
Utility, main currency and governance token.
Total supply: 10 000 000 000 (10 billion) 
Decimals: 9 
Blockchain: Solana 
Token Adress: HcPQHFn978rwepazBiLSFaHNubWrmFZG97aEJ5kAYMCp 
Update Authority: AudiowEtZeZ24ChxZQHzsABPQQCktsp4htKFur68XxDr 

Mint Authority: HcPQHFn978rwepazBiLSFaHNubWrmFZG97aEJ5kAYMCp 
This means that the token can no longer be minted. Supply is final. 

Issuance date: October 20, 2022 
Initial issuing price: 0.0007 USD 

Token allocation: 

Token allocation vesting with Mean Finance DeFi protocol in November, 2022: 

Sound Family DAO members, artists and partners, (1-4 year locked, 1st year locked, linear vesting after 1st year) (solscan) 34.5.%+1% (emergency help pool for sound workers, locked multisig crate); 

DeFi airdrop and mining/staking, (5.8% airdrop for NFT holders, first 3 month locked, after linear unlock during 12 month, other 12.2% 1-4 year locked) (solscan), 18%; 

CatchTheRecordTeam (1-4 year locked)  (solscan), 15%; 

Irrevocable Corporate Purchase Order ICPO (unlocked) (solscan), 1%; 

Liquidity DeFi airdrop: 1%; 

Sound Family DAO contributors/employees/as bonuses/grants/etc: (locked 1-4 years), 4%; 

App rewards for listening (1-4 year locked) (solscan), 15%; 

And partnerships (1-4 year locked) (solscan), 10%; 

Total Circulating Supply for the first year: 6.3%. The breakdown 

is as follows: 

NFT Holders airdrop 4.3% ; 

Irrevocable Corporate Purchase Order ICPO (solscan), 1%; 

Liquidity DeFi airdrop: 1%;


Updated Roadmap:

Phase III 

- Other 455 The Art of Field Recording arts public minting (Price= 2 SOL) 

Phase IV 

- Listing on secondary marketplaces  (Magic Eden, Opensea, Solsea) 

- Tokenomic Vesting (Mean Finance DeFi Protocol) 

- "Mic The Art" NFT collection minting: 

50 nft's whitelist minting (Price = 0.2 SOL) 

Other 455 nft's minting (Price = 0.4 SOL) 

- "Mic The Art" Staking 

- $SREC AirDrop for "The Art of Field Recording" and "Mic The Art" NFT Holders (575k $SREC~400$ each nft) 

- "Sound Family DAO" creating (430k SREC needs for membership) 

Phase V: 

- Sound Effects Libraries Market for $SREC tokens. 

Phase VI 

- Field Recording App for relaxation, clear mind and better sleep! 
A huge number of pleasant and relaxing sounds, listen to them and take care of your inner world and about our surrounding world too! 

Users can earn Sound Recording coins (SREC) for listening the sounds and make money. 

Owners of nft's "The Art of Field Recording", "Mic The Art" will receive privileges and can earn more tokens. 

- Phase VII 

- Sound Family DAO Record Label Creating 
- Creating the app for listening label's releases and earning SREC tokens