Token Model

The SoundProtocol will be used by a number of different stakeholders with different goals. In order for these different stakeholders to effectively work together toward common network goals, there needs to be a unified incentive structure that aligns the interests of the individual with the interests of the protocol.

The SoundProtocol is powered by the SoundProtocol platform token ($SOP), and with the community’s support, will likely leverage 3rd-party stablecoins as well as artist-specific tokens to unlock additional functionality in future.