Sonorus Price (SNS)

Sonorus (SNS) Price Now

Sonorus price today is $0.0729 with a 24-hour trading volume of $326,263. SNS price is up 0.66% in the last 24 hours. It has a max supply of 1000Mil.
In order to search for real-time and historical information about Sonorus (SNS) blockchain, including data related to blocks, transactions, addresses, and more, you may use Sonorus (SNS) block explorers. Here are some of the most popular and useful Sonorus (SNS) blockchain explorers out there:

• bscscan.com

What Is Sonorus(SNS)?

 Sonorus is music charting and discovery platform reshaping the music landscape with TrendFi.

Sonorus is a decentralized music charting Dapp for music voting & discovery that rewards music lovers, fans and artists for their interaction with the music charts. Sonorus stands at the intersection of Social music trends & DeFi, a concept we call TrendFi.

Our unique on-chain voting system ensures transparency and authenticity. Fans can show their support for songs, and as these songs climb our charts, both the artist and the fans can benefit for the shared love for music.

Sonorus Revenue(Fee)

• Amount: A 2% service fee is deducted from each transaction.
• Purpose: This fee supports the platform's operations and security. Additionally, a portion is shared with our DJ Node holders, reinforcing our commitment to reward and grow with our community.

To foster a lively and active trading environment, our 2% service fee is currently applied only when users decide to sell their Votes. This approach not only incentivizes buying and holding but also promotes a more dynamic and fluid trading experience on the platform. Note: Fees might also be applied when buying votes in the future.

Sonorus(SNS) Tokenomics

$SNS, the native governance token of the Sonorus Protocol, is designed to serve as the cornerstone of our ecosystem. As a governance token, $SNS empowers holders with decision-making authority, allowing them to steer the future development of the Sonorus platform through a democratic and decentralized voting process. This token is not only pivotal for current governance but will also play an important role in shaping the project in the future. In addition to providing voting rights, $SNS holders will be able to engage with key features such as staking rewards and a host of other utilities that will further embed the token as a fundamental component of the Sonorus experience.​ ​ 

Total Supply: The Sonorus network will have a total of 1 billion $SNS tokens.​ ​ 

Daily Distribution: $SNS is distributed to our DJ Node holders according the the following model:​

• $SNS for each DJ Node = Total daily $SNS for distribution / Total number of DJ Nodes sold.​
• All DJ Nodes will get $SNS rewards every day.​
• In the first year, 300,000 $SNS will be given out daily to DJ Node holders.​ 

Halving Mechanism

The daily $SNS for DJ Node holders will be cut in half over time. The first time this happens is at the end of the first year. So, in the second year, DJ Node holders will get half of what they got in the first year. In the fourth year, they will get only 25% of the first year's amount. This pattern will continue every 2 years

How can I earn with Sonorus?

Earnings at Sonorus are driven by the level of support songs receive and the number of votes they accumulate, a mechanism called TrendFi. Here's a breakdown of how it works: Purchase Votes: Every song starts with a price of 0.0002 BNB. The price increases by 0.000002 BNB for every vote purchased by users and decreases by the same amount when a vote is sold. Nominate Songs: If you wish to nominate a song to the Sonorus App, there's a fee of 0.01 BNB per song. Once the fee is paid, the song is added to the app. Nominators also earn a percentage of rewards for every vote related to their nominated song in the music directory.

Can I upload my own songs or my favourite songs on Sonorus?

Absolutely! Sonorus offers the Music Launchpad, allowing users to launch campaigns and nominate their favorite tracks. There's a fee of 0.01 BNB per song. Successful nominations see the songs added to the Sonorus App directory. Nominators then earn a percentage of BNB rewards from votes related to their nominated songs. Dive in and collaborate with fellow music lovers on our platform.

Sonorus (SNS) Community

• Twitter: https://twitter.com/SonorusOfficial
• Discord: https://discord.com/invite/rQf4Vz2Brp
• Medium: https://medium.com/@SonorusOfficial
• Telegram 1: https://t.me/sonorusglobal
• Telegram 2: https://t.me/+KdRuMljDQIY2MDE1

What is Sonorus (SNS) Contracts address?

• BNB Chain(BEP20): 0xF3A587d1AC967b40DB59223434BAf0C6e11588EA