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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.
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