Benefits Description

All KOLO NFT holders can enjoy additional benefits. Currently, 6 major benefits are gradually accessible. KOLO NFT will be the only token in the KOLO Metaverse music world. Welcome to the KOLO music world!

Benefit 1 - Ownership

Each item of music NFT holds 0.2% royalties of the music NFT. When you purchase music on KOLO.Market, you will own a portion of the streaming royalties and will be paid several times a year as the royalties accumulate. Artists (or their distributor) deposit the royalties into a smart contract and then you can claim the money from your KOLO Dashboard.

Benefit 2 - Eligibility for Listen To Earn

Holding KOLO NFT is eligible for Listen To Earn.

Benefit 3 - Metaverse Event Tickets

Holding KOLO NFT is eligible for Metaverse event tickets.

Benefit 4--Membership discount right of streaming music social platforms

Holding KOLO NFT will get the membership discount right on the KOLO streaming platform.

Benefit 5--Preemptive right of exclusive and original NFTs firstly released worldwide

Holding KOLO NFT is eligible for the preemptive right of exclusive and original NFTs firstly released worldwide.

Benefit 6--Artistic Circle Tickets

Holding KOLO NFT will get the admission ticket to the platform's artist circle.