What is Woosh?
Woosh is a company that gives music lovers an opportunity to connect with their favorite artists through digital NFT collectables. Musicians, singers, and songwriters use Woosh to offer unique tokens that represent songs, videos, pictures, and even entire albums to their fans.
What are Woosh tokens?
Woosh issues Non-Fungible Tokens (NFTs) to represent a song, video, picture, album, or other creative product offered by an artist. They are considered collectible items (similar to baseball cards or stamps) and not financial investments. These tokens do not enable collectors to benefit from the success or profitability of the creative product, through royalties or otherwise. The purchaser cannot make money by owning these tokens. Purchasers should not purchase tokens with the purpose of making a profit. As a collectible, Woosh tokens are not governed by the Securities and Exchange Commission.
Do I need a digital wallet to start using Woosh?
It is not necessary to have a digital wallet to purchase NFTs on Woosh. This way, the service is available to people who are new to blockchain and are still figuring out how to create their own wallets, mint NFTs, and pay gas fees. If you prefer to store the NFTs you buy in your own wallet, please send a withdrawal request by clicking on the NFT Transfer tab.
How can I purchase NFTs?
Users sign up at woosh.rocks by providing the information requested. Collectors can then review the various campaigns that are active at present and those coming in the future. When a campaign begins, users can purchase tokens. There is a cutoff date displayed when the sale ceases.
Where can I find NFTs that are currently available for sale?
All active offerings are available at woosh.rocks/campaigns .
When I purchase a token, what do I get?
Users get bragging rights to the ownership of a unique collectible - songs, videos, pictures, albums, and more. As collectors, they join in to support the careers of their favorite artists. For an added charge, collectors will be able to purchase high quality hard-copy certificates signifying their token ownership. Artists have the discretion to provide other benefits such as discounts, early-access to tickets, exclusive merchandise, VIP access, and more. Please note that these benefits will vary for different collectibles/campaigns and may not be offered at all.
Can I benefit from the profitability of a song?
The profitability of all creative products, such as songs, through royalty rights, streaming, and record sales remains with the artist and his agencies. NFT holders have no opportunity to benefit from the financial success of a song or other product represented by the tokens via dividends, income streams, or appreciation.
What makes Woosh unique?
Woosh works directly with the artists to bring unique collectibles to their most loyal fans. While tokens purchased on Woosh do not bring their holders income from royalties, they have an intrinsic value and can be traded on secondary markets. Woosh also offers music lovers to purchase physical certificates to showcase their ownership.
Do all collectibles come with a paper certificate?
Users can decide for themselves whether they want a certificate or not. Everyone who purchases digital tokens on woosh.rocks can order a physical certificate to showcase their ownership. We love the efficiency and accessibility that digital tokens bring to music collectibles. We also believe that framing a physical copy of your ownership certificate and hanging it on the wall is very satisfying. These certificates are created in close collaboration with the artists and are exclusively available to token holders. Please bear in mind that digital tokens have superiority over paper certificates when it comes to proving ownership of any given collectible.
Can I sell my tokens?
Yes. Tokens can be bought, sold or gifted after the original sale, just as you can sell a collectible like a baseball card. When tokens are transferred to a new wallet, they become property of the new owner. For the time being, collectors have to find their own purchasers as Woosh does not support a trading platform for secondary sales. Token holders might go to websites such as OpenSea or LooksRare to initiate trades.
How can I pay on Woosh?
Users can pay with credit or debit cards and Bitcoin.
What fees do I have to pay as a user?
Woosh does not charge any fees for having an account on woosh.rocks or purchasing collectibles. Users only pay the price of collectibles and paper certificates (if they want one). If paying with crypto, they will also be charged gas fees by the blockchain; Woosh has no authority over gas fees as they are determined by the network.
When will I receive my NFTs?
After a successful payment, the NFT purchase will be reflected in your account. Click on My Collection to see the campaigns you’re participating in. The NFTs will be distributed among the buyers at the end of the campaign. This is when you will be able to see your individual tokens.
Why does Woosh operate on blockchain?
One of the advantages of utilizing blockchain is the ability to buy/sell tokens on secondary markets. Collectibles can be liquid from day one, reducing the risk for the buyers. With instant digital settlement, the assets can be traded freely 24/7 from anywhere in the world. The blockchain also offers the opportunity to fractionalize shares so that they are affordable to the average person. Moreover, records on the blockchain cannot be altered, making it extremely secure. Once the ownership is recorded, the block (proof of ownership) cannot be deleted or changed, making it impossible to falsify. Therefore, blockchain helps to prevent fraud and prove authenticity.
What blockchain do you use?
Woosh issues NFTs on the Solana blockchain.
Do you focus on a specific music genre?
At Woosh, we love music in all of its styles, forms, and manifestations. This is why the platform is genre-agnostic. We are happy to work with all artists - from country and pop to rap and metal. With so many amazing songs to enjoy, why limit ourselves to one genre?
I am a musician or record label and I want to sell collectibles on Woosh. What should I do?
Thank you for your interest! We are always looking for new talents to onboard. Please reach out to us at [email protected] to discuss how we can work together.
What are NFTs?
A non-fungible token (NFT) is a unique digital asset that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and used to certify ownership and authenticity. They can represent digital or real-world items like songs, paintings, domain names, poems, and more. NFTs can be traded and exchanged for money, cryptocurrencies, or other NFTs.