SONU
6 Rue Amyot, Paris, Île-de-France, 75005, France
Overview
Sonu (previously Sona) is a web3 streaming protocol that launched Sonu Stream, a free ad-free streaming service paired with a marketplace where artists auction SONUs, unique digital twins of songs that only one person can own at a time. Artists can auction SONUs for 24 hours, set minimum prices, and get instant liquidity from sales. According to the company, SONU owners receive 70% of streaming payout rewards based on pro-rata shares of total streams; artists receive 30% and the company takes a 7% fee, with the rewards pool funded in part by a percentage of SONU sales. SONUs are intended to drive fan investment and promotion, and their rewards are confined to the Sonu ecosystem rather than other streaming platforms. The service currently hosts five million tracks and aims to reach 16 million songs next year; planned features include tipping, merchandise, ticket purchases, stem downloads and fixed-price audio downloads for DJs. Collectors must be U.S. residents aged 18 or older, and Sonu launched with co-founders Laura Jaramillo and Jennifer Lee.
- Total raised
- $7M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Dec 2023
Industries
- Association
- Education
- Non Profit
Recent funding
Seed
Dec 2023
$7M
Team
No current team members are available.