Hello Music Friends,
Today Emanate revealed the plan to convert Choon $Notes earned to EMT. You can read all the details here. If you was a Choon Artists and applied to the $NOTES conversion, you get or you will get an email directly from Emanate.
Emanate is making a very smart move here. That's what we think about it! Keep in touch with us, we scheduled to publish an article about Emanate very soon.
What is the deal?
Option 1: Emanate Lite (50:1)
For those unsure about the platform, who are curious about the future of music and blockchain, an option which costs nothing:
- Create an Emanate account for free. Emanate Reps will assist you to get an artist profile set up in February with two tracks. Submit artist info here.
- Decide by March 6th whether to stick with the Lite account or go Pro.
- If you stick with Lite, you will earn for your plays but cannot withdraw. Once you earn enough plays to convert to 5000 EMT, you will be able to start withdrawing your future earnings.
- If this option is taken you will receive 1 EMT for every 50 NOTES, delivered to you in 5 monthly payments after you convert your earnings to 5000 EMT.
- You will have a maximum of 5 months to hit this threshold.
Option 2: Emanate Pro (25 NOTES:1 EMT)
- Create an Emanate account for free. Emanate Reps will assist you to get set up in February Submit artist info here
- Decide by March 6th whether to stick with the Lite account or go Pro
- If you chose the Emanate Pro account you will capture your EMT at a rate of 25:1 NOTES-EMT. These will be sent as 5 x monthly payments
- Emanate Pros must hold at least 5000 EMT or pay a Pro-connect subscription.
- All subscriptions offered at discount. Usually $16.50 per month, reduced to $99 for one year or $12.50 per month.
Timeline summary by March 6, 2020
- Opt-in to the tokenswap via the form at www.choon.co by January 31, 2020.
- Submit your artist details to have a profile set-up by the team during February.
- You will receive an email about your NOTES swap balance by Feb 7.
- Enjoy a free trial period until end of Feb 2020.
- By March 6th decide whether you will continue on Artist Intro tier or Pro-connect.
- Buy your 5000 EMT tokens or join the subscription plan during March.
- March 30 - NOTES payout commences with 20% being distributed each month for 5 months
Read all the details of this Emanate EMT Token Offer here:
All the best, Woodoo Prod.