SoundMoney Protocol is preparing to challenge the status quo of the music industry by leveraging blockchain technology to put power—and profits—back into the hands of artists. Spearheaded by CEO Benito DeRosario, the project is targeting long-standing inefficiencies in music streaming and artist compensation, offering a Web3-native alternative built for direct artist-to-fan interaction.
Speaking to crypto.news on the sidelines of Paris Blockchain Week, DeRosario shared how SoundMoney is tackling what he sees as a broken model. “The current streaming ecosystem disproportionately benefits record labels and distributors while artists are left with delayed, unclear payouts,” he said.
Building Financial Infrastructure for Music
At its core, SoundMoney Protocol is more than just another music streaming platform—it’s a Web3 financial infrastructure tailored specifically for the music industry. By allowing artists to upload content, manage metadata, and engage fans through personalized platforms, SoundMoney is creating a new economic layer where transparency and ownership are fundamental.
“So SoundMoney Protocol is a Web3 infrastructure, a financial infrastructure for the music industry. We provide a way for artists to connect with their fans directly,” said DeRosario.
Using blockchain technology, the protocol ensures that all transactions are publicly verifiable, eliminating the need for costly audits and opaque reporting. Unlike traditional platforms like Spotify, where most of the revenue flows to intermediaries, SoundMoney routes payments directly to artists in real-time, thanks to smart contract automation.
BEZY Token Launch and Saga Partnership
The upcoming launch of SoundMoney’s native token, BEZY, is central to the platform’s roadmap. With a total supply of 27 billion tokens, BEZY is set to debut on April 28, tradable initially on Ethereum and REZO blockchains.
“It should be easy, which is the name of our token. It’s called BEZY, because it just should be easy,” DeRosario explained.
SoundMoney is also working closely with Saga.xyz, a layer-1 blockchain provider. Through Saga, the protocol is building its own dedicated blockchain with liquidity integration via Uniswap, ensuring scalability and seamless on-chain experiences for users.
A “Web 2.5” Experience for Artists and Fans
Understanding the barriers to entry for non-crypto-native users, SoundMoney is being developed as a “Web 2.5” platform, combining the user-friendly design of traditional platforms with the decentralization and transparency of Web3.
Artists can create their own “mini-platforms” within SoundMoney.social, where they can:
- Upload and monetize their music
- Launch fan tokens
- Reward superfans with exclusive content, sync licensing opportunities, and ticketing access
With this model, the platform not only supports established artists but also prioritizes underserved and independent musicians often overlooked by traditional gatekeepers.
“We feel like art and artists have been washed out in favor of digital, and we’re trying to bring that real-life connection back,” said DeRosario.
The Bigger Vision
SoundMoney Protocol’s vision reflects a larger shift in the music and creator economies—one that moves toward direct ownership, community involvement, and fairer compensation. As more musicians explore NFTs, fan tokens, and decentralized platforms, SoundMoney is positioning itself as a major player in the next wave of the music-tech revolution.
With a strong foundation, a token launch on the horizon, and a unique value proposition, SoundMoney.social could be the platform that finally puts the music industry back into the hands of those who make it.
