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§ Private Profile · El Segundo, CA, USA
SoundMint is a technology company.
SoundMint is a blockchain-based music platform allowing artists to mint and distribute generative music compositions as non-fungible tokens. This framework for digital music creation and ownership enables creators to retain significant earnings and build direct audience connections. Leveraging the Ethereum blockchain, the platform ensures immutable ownership and transparent transactions for its digital music assets.
Andre Benz, Brian Nguyen, and Paris Blohm co-founded SoundMint, driven by an insight to redefine the music industry's economic structure. Benz, known for establishing digital music curation, brought valuable insight into the creator economy. Their collective understanding of blockchain's potential to address artist compensation and ownership challenges led to this platform.
The platform serves independent music artists seeking autonomy and fans desiring direct engagement and digital ownership. SoundMint’s vision centers on fostering a new music economy that champions artist empowerment and community participation. It aims to evolve the creator-listener relationship, cultivating a more equitable and transparent ecosystem for digital music.
SoundMint has raised $2.0M across 1 funding round.
SoundMint has raised $2.0M in total across 1 funding round.
SoundMint has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in April 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2022 | $2M Seed | Animoca Brands | BITKRAFT Ventures, Infinity Ventures Crypto, Mechanism Capital, Moonfire Ventures, Night Ventures, Play Ventures, Seed Club Ventures, Ryan Zurrer, Aleksander Leonard Larsen, Hubert Thieblot, Sebastien Borget, Thomas VU, Focus Labs, Goodwater Capital, Sfermion, Skyvision Capital, Tess Ventures | Announced |
SoundMint has raised $2.0M in total across 1 funding round.
SoundMint's investors include Animoca Brands, BITKRAFT Ventures, Infinity Ventures Crypto, Mechanism Capital, Moonfire Ventures, Night Ventures, Play Ventures, Seed Club Ventures, Ryan Zurrer, Aleksander Leonard Larsen, Hubert Thieblot, Sebastien Borget.
SoundMint is a technology company innovating at the intersection of music and blockchain. It builds a platform that reimagines music ownership and distribution by leveraging blockchain technology to create generative music NFTs (non-fungible tokens). The company serves music artists and fans, enabling artists to retain up to 95% of their revenue while allowing fans to become stakeholders in the music they support. This approach addresses the traditional music industry's challenges of revenue distribution and gatekeeping, offering a decentralized, transparent alternative. SoundMint is in its early stages with a small team and has raised approximately $1.7 million, showing promising growth momentum fueled by its unique value proposition in the music and NFT space[1][2][3].
SoundMint was founded by Andre Benz, who previously built The Nations, the largest independent music-curation network on YouTube with over 6 billion total views and 5 billion monthly impressions. This background in music curation and digital media informed the vision behind SoundMint—to innovate how music is collected, owned, and monetized. The idea emerged from the desire to empower artists with more control over their work and revenue, bypassing traditional intermediaries. Early traction includes assembling a team with experience in music tech and venture exits, and securing initial funding to develop their blockchain-based record label platform[1].
SoundMint rides the convergence of blockchain technology, NFTs, and the evolving music industry. The timing is critical as artists and fans increasingly seek alternatives to traditional music distribution models that often limit artist revenue and fan participation. Market forces such as the rise of digital collectibles, decentralized finance, and the creator economy favor platforms like SoundMint that empower creators and communities. By pioneering a blockchain record label, SoundMint influences the broader ecosystem by demonstrating new monetization and engagement models that could reshape how music rights and revenues are managed globally[2][3].
Looking ahead, SoundMint is positioned to capitalize on growing interest in NFTs and decentralized platforms within the music industry. Future trends shaping its journey include increased adoption of blockchain for digital rights management, expansion of generative music as an art form, and deeper fan-artist collaboration models. As the platform matures, SoundMint’s influence may extend beyond music into broader creative industries, setting new standards for ownership and revenue sharing. Its success will depend on scaling user adoption, expanding partnerships, and continuing to innovate on the intersection of music and blockchain technology[1][2][3].