Tim Mirgorod: Where Artists Can Not Only Monetize Their Work With the Help of NFT, but Also Tell About Themselves, Their Philosophy and the Meaning of Their Music

2 mins read

Orpheus Music is a new music NFT-marketplace, with a social basis. Where artists can not only monetize their work with the help of NFT, but also tell about themselves, their philosophy and the meaning of their music

Tell us about yourself?

I am probably the youngest founder who gives an interview in Crypto Pill – I am 20 years old, but this age is not the starting point for my development as a founder. From the age of 13 I founded and worked on a online game project that successfully existed for 5 years. I listen to completely different genres of music, and this is my distinguishing feature. All my surroundings are connected with music – therefore, I definitely wanted to connect the next startup with the musical direction

If you could go back in time a year or two, what piece of advice would you give yourself?

Look for the right people who will help you and improve not only your ideas, startup, but also yourself. Look for people from whom you will learn and who will be smarter and more experienced than you in different spectrums of life.

What problem does your business solve?

The main problem now in the market of the music industry is the low earnings of the artists themselves. Due to COVID-19, concerts are constantly canceled and royalties on music streaming services are extremely low. But then NFT technology breaks in, which we are happy to use so that talented musicians can monetize their creativity with the help of NFT. Even the NFT technology itself provides a huge breath of new creativity and ideas for the musician.

What is the inspiration behind your business?

My surrounding. The people with whom I closely communicate and live – make music, work in music companies, listen to it in the end. Therefore, I understand very well the problem that occurs with musicians. Big companies make good money, but the artist himself is a penny compared to what he can earn. Our platform allows you not to give 80% to the label, company, etc., but to earn these 80% yourself. The artist can literally earn a million dollars in one evening

What is your magic sauce?

If we are talking about NFT-marketplaces, which are quite numerous and more popular. Then I can say with confidence that the main content on these marketplaces is scam projects. Projects that don’t make any sense. The philosophy of Orpheus Music is that any work should have a story and meaning. Therefore, we allow our artists to tell not only about themselves, their philosophy, but also about the history of the creation of music, what it carries in itself. Then the buyer will not only support the musician by buying his NFT, but he will become part of the history of the creation of art, the artist.

What is the plan for the next 5 years? What do you want to achieve?

Find new talents, create collaborations, interesting musical projects, develop more and more social interaction between the artist and the audience. Become one of the main music services

What is the biggest challenge you’ve faced so far?

The biggest challenge we have faced throughout the startup is the ignorance about NFT and crypto among the majority of artists. At the moment, we are creating tutorials and fully explaining to the artists what NFT is, what it is eaten with and how it will help them specifically.

How do people get involved/buy into your vision?

We are looking for musicians to collaborate and create new musical art. You can reach us by emailing here

[email protected]

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