Synphonic

Synphonic is a music NFTs/digital collectibles platform that democratizes access to web3 for musicians and their fans. We’re helping musicians survive and thrive off of their 1000 true superfans, and we’re onboarding the next wave of users to web3. The NFT space is confusing, and musicians want to focus on making music. So we built our platform to automate the NFT creation and minting process. On our platform, musicians can easily turn existing creative assets (e.g., demo recordings, acoustic covers, remixes, behind-the-scenes footage, etc.) into NFTs in minutes, which help them build unique connections with fans. To simplify, fans pay with credit cards (no hassle of cryptocurrencies or cryptowallets upfront) and artists get paid in fiat. We’re currently built on Polygon and are expanding to NEAR and Harmony. We’re open to adding other chains as well if incoming team members have strong preferences. We have a closed beta and resources to rapidly experiment with the product in the coming weeks. We’ve begun onboarding musicians to the platform and have seen 17% conversion from fans who come onto Synphonic that end up purchasing an NFT. We combine music industry experience and technical expertise. On the music side, Joel (Stanford MBA student) has a background in ticketing, distribution, organizing concerts, producing, and collaborating with major record labels. He worked as a Broadway musical producer prior to Stanford, and he set up an emerging artist incubator at Lincoln Center / Juilliard. He also has worked at YouTube, consumer-tech ticketing company TodayTix, and was Chief of Staff to McKinsey’s CEO-equivalent. On the technical side, Jacob (Stanford Physics PhD candidate) has experience bringing emerging technologies to market at Google X, and he’s also worked in technical R&D roles at Samsung and Wolfram. Jacob researched cryptography and computer security as an undergrad at Yale, and he conducted cryptography research at Google X.