Overview
The Harmonic Technology Guild is a NFT utilities and distribution technology development collective. We are a democratic decentralized autonomous company providing a full suite of NFT products and services.
Product
We build NFT utilities for musicians, music businesses, artists, and entrepreneurs. To serve our clients and their fans we provide:
• decentralized audio and video consumption websites,
• client domain-hosted, custom aesthetic NFT marketplaces,
• in-person and online airdrop technologies, and
• NFT-based digital community management and support tools.
Our goal is to create online spaces for fan-to-artist micro-communities, where NFTs are the marker of ownership and the tool of interaction.
Problem
The social media and content monopolies have proven themselves to be bad actors. They have taken more than their fair share of revenues, set the prices for content consumption without regard to artist wishes, manipulated traffic, arbitrarily censored content, and in some cases failed to stop intellectual property rights violations.
Solution
Our system is designed to help usher in the new era of media consumption by helping artists and fans free themselves the social media and content monopolies. Our democratic autonomous company will steward and administer a market of content creation and consumption. We will onboard artists and fans one by one, meeting them at concerts and festivals and through a network of business developers, labels, managers, and promotors. In onboarding these artists and fans, and collaborating with others in the content NFT space who share our values and transparency, we hope to bridge the gap to get positive network effect and become a primary front end for media consumption.
Monetization
For our artists we provide custom or pre-defined marketplace smart contracts which respect the collaborative nature of music creation, and management and label contracts. This technology enables us to immediately pass through revenues to everyone who collaborated on the art. It is also the primary component of how we are compensated for our services, alongside upfront build fees. Our group charges between 10-20% of the totally proceeds of sale and 1-2% of continuing sales. With this royalty share, we are able to immediately compensate various middlemen as well, especially influencers, independent managers, and promoters. In addition to our compensation model, smart contract based royalties are paired with decentralized data storage to compose our firm’s governance. They are our voting percentages, membership units for our LLC, and the splits of dividend distribution. We looking to raise funds to support our mission.
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