Introduction
Ok so last week we launched our SUB coin on Hive Engine as a soft launch without any information but just a plea to support us making music and for what we do on hive to support others. I have to say we were overwhelmed with the response and we have already sold 3700 of our token! This represents over 7% of the token supply already gone! Here is a bit more information, we will be putting more out in due time about financial projects and the plan for the 3 years following the album launch.
We are happy to discuss this with anyone and if you have a podcast or a discord chat you would like to invite us too one of us would be happy to come and say hello! As while we are promoting this for ourselves will will also be putting it together as a way to promote Hive and a model for independent record companies and artists to come to Hive!
What we are doing.
Did you ever want to own part of an album? Did you ever want to be part of band or a big record owner? well we decided to give people the chance to own part of our new album that is due to be launched in September 2024. By owning part of this album you will then start to receive any mechanical royalties from streaming, sales or NFTs.
A little bit more about us.
Yes we are the crazy boys in masks…yes we make cool music….yes we do have over 340 million gif views just on Giphy….yes we have been working in the music industry for years….yes we run our own media company, “Stick Up Media”…..yes we have our own record label, “Stick Up Music”..... we have music in films and TV across the world….yes we are a trained and dedicated team - ten Stick Up Boys and a support network around us……yes you could be a Stick Up Boy too….
Why a token?
Why not? We want to use this as an opportunity to develop another model for independent musicians on Hive. WHile this project is not decentralized, the decentralized nature of Hive means people can see us on chain and can see our reputation and the support we get, hopefully given them confidence to support us.
We also believe that we can do well with this project and having some financial support will help to promote the album. On top of this also having 100’s of people invested in the album and feeling part of it will enable a greater reach for the marketing and promotion of the music.
Tokenomics
SUBs will only be able to be bought off the market for 1 hive each, there is a maximum supply of 50k tokens. We will sell them in 10k tranches.
Finances
What we will do with funds:
- No Hive will be taken off chain from sales.
- We will power up all HP to ensure we have a strong account and the token is asset backed to the buying price of 1 hive.
- HP will be delegated to the best paying APR projects to secure an ongoing income which will be used primarily to fund small promotions for the music.
What is the deal?
- The 50k Tokens sold represent 50% of the mechanical rights of the whole album including instrumental mixes. So by owning 1000 SUB tokens you own 1% of this
- All tokens will be sold at 1 hive. There are no trades or OTC deals.
- The albrm will consist of 12 main songs
- There will also be 12 instrumental versions of the songs
- There will be various remixes of the songs and will be confirming them nearer the time.
Dividends
- This is purely a dividend token and will obtain dividends in the following ways:
- You will receive monthly divs from 4 months after the album launch and they will be paid monthly.
- You will receive dividends from all NFT sales on Rising Star and NFT showroom as well as any other projects we use.
- You will receive dividends from all mechanical streaming royalties from all streaming services such as Spotify, Amazon etc as well as the use of the video in things like You Tube of Instagram Reels.
- You will receive dividends from all download sales these will be available for download from our website and from Amazon and Beatport.
- You will receive dividends from any sample sales or sample kits we use making the album.
Thank you
We would like to say a big thank you to all the people who have supported us so far, you have no idea how much your trust in us means! We will be launching later different tiers and bonuses for holding the SUB coin as a way for us to say thank you! This will include exclusive NFTs on Rising Star and NFT showroom, bespoke gifs just for you, meeting us and if you are a high holders then the very exclusive opportunity to do some music writing with us and release your own song through our label Stick Up Music!
@trumpman
@spinvest-votes
@opidia
@dadspardan
@davidthompson57
@bozz
@dbooster
@jfuji
@meesterboom
@pokecrypto
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@h3m4n7
@justgl247
@flemingfarm
@dexter-k
@caulderfreeman
@philsaatchi
@thisismylife
@master-lamps
@bulliontools
@flauwy
@risingstargame
@coldbeetrootsoup
@slothlydoesit
@new.things
@wearelegion
@melinda010100
@burnsurface
@successchar
@pompeylad
@kemmyb
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@mepol
@digi-me
@rowell
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@votebetting
@dailyspam
@ugochill
@hucksbucks
@epic-fail
@huckleberrie
@synergized
@marshalmugi
Being a bit cheeky
Tagging a few people to say hello and to ask for support! (Don't worry we wont tag you again we just know you support developing music on Hive)
@starkerz @afri-tunes @musiczone @hivemusiccc @ooczero @theycallmedan @enginewitty @lordbutterfly @hiveopenmic @ablaze @cttpodcast @nahupuku @arcange @taskmaster4450le @blocktrades @alex-rourke
Conclusion
This is a new model we are developing to show what Hive can do for musicians. We will be tirelessly working on this and appreciate all the support we get from the community. So thank you so much for the support we get and give this a share or ask any questions to help us develop it!
Posted Using InLeo Alpha
I liquidated my DHEDGE holdings to snag a little of this hidden gem! Nice to see my crypto assets backed by music!
!ALIVE
!LOLZ
!PIMP
You must be killin' it out here!
@mirroredspork just slapped you with 1.000 PIMP, @stickupboys.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/1 possible people today.
Read about some PIMP Shit or Look for the PIMP District
@stickupboys! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ mirroredspork. (3/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
lolztoken.com
Because he thought there would be shots.
Credit: reddit
@stickupboys, I sent you an $LOLZ on behalf of mirroredspork
(2/4)
ENTER @WIN.HIVE'S DAILY DRAW AND WIN HIVE!
Nice one that is quite a good slogan we might nick..."crypto assets backed by music"
Please do, with my blessing!
Fantastic idea and endeavor that I fully support.
My stake will grow in time although personally I need no extra stimulans for it, as I'm one of those people who supports and enjoys seeing creative people doing cool things and succeeding.
All the Best.!!
!PIZZA
Appreciate it a lot and thats why we launched it with no info!
If you notice some higher Tidal earnings soon...is my fault. hehe.. Hugs.
nice best paying one!
I'm so happy to see so many people already supporting you. Wishing you massive success with this. You deserve it. 😍
Happy that I bought 10 SUBs and will try to buy more in the future. I wish the best for the next album!
!DHEDGE
!discovery 20
@tipu curate
Upvoted 👌 (Mana: 34/44) Liquid rewards.
Nice on thank you so much for the support
That's a pretty cool coin! Sounds like a long hold for sure. Awesome idea!
yes it id deffo a long hold! but should be good over the next 3 years or so
You guys should join @ph1102 in Humpday Hangout 😎
oh yes that would be fun!
Couldn't resist :o)
er wait no dont resist!
🤣🤣
Very interesting use of tokens. I personally find this to be a very useful use too. Don't have too much to outlay at the moment so just made an effort to have a few SUB just to keep track of it :) Wish you guys all the best of luck! I hope such tokens take off as an artifact of ownership like shares rather than just be currency.
Cheers.
That is awesome thank you!
I need more free $hive to buy more 😐
At least I've got a tiny share
!LOLZ
!ALIVE
@stickupboys! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ dailyspam. (1/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
lolztoken.com
It's just something I can see myself doing.
Credit: reddit
@stickupboys, I sent you an $LOLZ on behalf of dailyspam
(1/6)
NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ
There must be a genius behind the mask. Great idea. Is it a H-E token?
Edit. I found you picked up 30 SUB, good luck to us
lol thank you, yes it is SUB on H-E! thanks for the support, appreciate it!
Come onto the Lion's Den show and discuss this. It is Friday's at 1 pm eastern time.
Nice ok will put it in the diary....sounds scary....
I love the idea! Let's go! 😁
!BBH
@stickupboys! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @bulliontools. (7/20)
May it be wonderful but i have no doubt 🔥
Much love SUB
How are you gonna organize these peeps? E.g. is there gonna be a discord asking for us likes or what do you have in mind?
We will use the man cave as our home but will be collecting other socials accounts people have and using them too if people want to support and also using hive to tag calls for action as we go as long as people are happy!
I should grab more sub myabe whith the Hbd i have haha, hive is cool place for music label maybe i should make like the meme label and then bring some meme muscians on hive and bam take huge comision and become rich
this is the way!
Congratulations.
Keep up the excellent work.
!WEED
We need this kind of experiment to test how the new crypto sphere economy can solve problems left over from legacy media corporations and government fiat money. Keep trying new ideas! I'll probably be buying more SUB down the road.
Ye I think so too, have the independence to do stuff like this is definitely interesting and we got so fed up signing deals that this is a good way to do it on our own lol Appreciate the support
Glad I got me some SUB!! Not much, but hope to get more before it's gone!
You Guys are always doing something good, I like the idea of being part owner even if it's just a small part.
!BBH
!PIMP
!PIZZA
!LUV
Aa thanks very much! We like the idea of having you as a part owner too!
You must be killin' it out here!
@successchar just slapped you with 1.000 PIMP, @stickupboys.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/1 possible people today.
Read about some PIMP Shit or Look for the PIMP District
@stickupboys! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @successchar. (1/5)
Looking forward to seeing the results of this endeavour. What type of music do you create?
!ALIVE
@stickupboys! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ davidthompson57. (2/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Man thanks for the support it means so much we make electronic pop music
Great! I'll take a look...and a listen.
Well hope you like it!
How can i get the token so i won't miss out
Oh nice one just search SUB token on hive engine, they are all 1 hive each
Okay no problem will do that
So. Since this started. I have had a brain twitch I just could not figure out. Now. I don't read posts. Because I hold deep found thoughts that mostly have a negative thing to say (in appearance,_ but if thought about is a positive thing to have said. Blah blah. And if I am mentioning something you have said in the post. Sorry. But my text is shorter than yours to read,
Could this be done for each song. Bear with me BooBoo. (I misspelt Bare there just so I could say the Booboo bit.)
Each song would be an account Only one account would issue the token. The one that does now.
New song new account.
The new account acts as an escrow for the royalties to that specific record.
Hive sent for royalties have a memo for the song.
That is then sent to an individual account made for the song.
This is then powered up to hive and supports posts on the chain about music you know about and Risingstar and any other interests you hold. Just make sure to have used all votes up all of the time. This original sum from the royalty purchase remains the property of SUB. Although used to promote your product for the start. (After 4 or 5 records), And those with a brain see the advantages you can offer. More will put by for the next record. And it would be worth while for the small player too.
Proceeds from the sales of records I would assume some is used for the royalties. If a project ran for 18 month. 15 of sales and then 3 of a Powerdown. The original sum sent for SUB X amount of HIVE should give a higher reward than just sales.
This grows you also by use of the new account record to gain a greater reward in turn than the previous record. As all new records would follow your vote.
You would also make a post prior to the record release on the main account to announce a new upcoming release.
Additional option.
Only powerdown the requested amount at a time. Issue a post from the account showing its net when powerdown is to start in two weeks. (all accounts vote) giving a little boost to the account. People can claim their quota. This should be an all or keep it going for another 6 month or term determined.
The account would sacrifice 50% of the HP it generates during the term to the royalties.
Think I covered just about everything.
Nice some good ideas for sure! Lots of possibilities with this. Cheers for all the ideas and support
This is really a cool coin that is worth holding for so long
Thanks very much!
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@stickupboys!
@edgerik passed you the virtual joint!If you do not want to receive these comments, please reply with !STOP
$PIZZA slices delivered:
ugochill tipped stickupboys
@successchar(1/15) tipped @stickupboys
You must be killin' it out here!
@justgl247 just slapped you with 1.000 PIMP, @stickupboys.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/2 possible people today.
Read about some PIMP Shit or Look for the PIMP District
Well shit @justgl247, this post is older than 7 Days days.
Please try PIMPin' a different post.
(We will not send this error message for 24 hours).
Read about some PIMP Shit or Look for the PIMP District