Songcoins are here. With 750+ tracks in our catalog - today marks a shift in our release format on Coop Recs We’re starting with $RISE from @sanholobeats and $CTRL from @blond_ish Be early to new music every Friday 🔽

Songcoins are 1B supply tokens on @base - 5% - Artist(s) - 5% - Coop Records - 90% - Liquidity Coins are deployed with @dopplerprotocol at a market cap ~$4000

There is no pre-sale or migration - coins trade directly on Uniswap from the first purchase. All reserved tokens are vested linearly over 90 days. 1% swap fee at the protocol level. Fees are split with all the artists and labels involved.

Fans have always competed to be early. Coop Recs is where you can find official coins from verified artists making waves in the real world. This means a compelling trading experience and providing as much context and ways to earn by driving attention to new music.

We’re starting with “We Rise” from @sanholobeats - a track with 100M streams on the back of its 10-year anniversary San was one of the first artists on Coop Recs and a long-term partner with his label @bitbird CA: 0x956485b4bF1840A94D65Bbb936A476ee53b58A12

We're proud to debut an unreleased track from @blond_ish "Take Control" $CTRL As one of the earliest pioneers in onchain music - we're stoked to welcome her to Coop Recs as an official launch partner. CA: 0x70067c280f979Da32a5df8eFe9e62c65F86A2eeF

The goal is for the community to curate which songs get coined. Our north star is to drop coins the same day as Spotify - creating real-time markets as songs gain relevance in the real world. Plus - ways for existing fans to earn their first coins for free.

We’ve made artists over $1m from collectibles. This got artists comfortable putting their music onchain. Collectibles will continue to run in the background. Coins are new and it will be a gradual process to get to the same cadence we currently have with collectibles.

The industry has moved to coins. We were surprised that artists and fans resonated with coins and a floating price. People quickly understood the product and began to make inferences about which were more valuable than others. We're excited to double down on coins.