Tokenomics
To sustain a stable tokenomics system and improve the general user experience, Sonorus is implementing a dual token model consisting of RUS and SONO.
RUS is the native token of the Sonorus ecosystem, and its market price is set in SONO. Sonorus is planning to launch its own in-app exchange, where users can exchange their RUS to SONO to purchase copies of their favorite music.
Currently, there are two ways to earn RUS:
- Someone finishes playing a full song shared by you
- You finish playing a full song shared by others
Someone finishes playing a full song shared by you.
On a daily basis, the maximum RUS rewards you can earn depends on the total number of music record copies you own.
Suppose you have 10 copies of a song and share the song with 20 friends in one day. Among those 20 friends, if 8 different people finish playing the entire song through your link, you will earn 8 RUS for that day. If 10 or more people play, you will earn a maximum of 10 RUS. Each invited listener can bring you at most 1 RUS for each song. The same listener playing the song multiple times within the same day will not bring you extra RUS rewards.
There are two ways for you to earn more than 1 RUS from the same person. The first is to share multiple songs with the same person. For instance, if you share 6 songs with the same person and this person plays 4 of them, you can earn 4 RUS tokens. The second approach is to encourage your friend to play the same song with your link the next day.
Sonorus automatically renews everyone's RUS quota on (UTC 00:00) every day. Although playing the same song multiple times within the same date won't boost your RUS rewards, others playing the full song the next day will bring you an extra RUS token.
Listen-to-earn: Playing a full song shared by others
Each day, you can earn at most 50 RUS by playing full pieces from other people's sharing links. Each song can bring you at most 1 RUS each day, regardless of how many copies you purchase and how many times you play it. As a reminder, you have to finish playing the entire song to be able to earn RUS rewards.
Similarly, Sonorus automatically renews your listening RUS quota on (UTC 00:00) every day. Playing the full song the next day will bring you an extra RUS token each day.
This approach allows users to start earning RUS and exploring Sonorus without owning any SONO or music copies. To lower the entry barrier of Sonorus, the team wants to invite more people to revolutionize the music industry together.
RUS is a core design in the Sonorus ecosystem and users have to own RUS to unlock the full potential of the Sonorus ecosystem. The full utility of RUS will be gradually released upon the development of Sonorus.
The simplest example of using RUS is to trade your RUS to SONO, so you can purchase copies of any music you like and start to receive your promote-to-earn and scout-music-to-earn rewards.
SONO is a game token of Sonorus. Its price is fixed at 0.0004 BNB. Users can purchase SONO within the Sonorus app with their BNB. Users' revenues earned from scout-music-to-earn and promote-to-earn are also settled in SONO.SONO can be used to :
- Purchase copies of music to share streaming revenues through promote-to-earn and scout-music-to-earn
- Trade to RUS to fully enjoy the benefits as a Sonorus community member
Last modified 12d ago