Sona is a music startup that aims to empower artists with a new wave of financial independence through innovative rewards, auctions, and ad-free streaming. Founded in 2022, Sona introduces a fresh web3 streaming protocol that utilizes DeFi building blocks to empower artists financially. The open beta launch of its debut product, Sona Stream, offers a free music streaming service completely devoid of subscriptions or ads. Additionally, it features a unique marketplace where artists can share their music and auction SONAs, exclusive digital assets of songs that can only be owned by one individual at a time.
The latest milestone for Sona is the $6.90M Seed Round investment at 06 December 2023. The investors in this round include Rogue Capital, Haun Ventures, and Polychain Capital. With this recent investment, Sona is well-positioned to continue innovating in the music industry and providing artists with the financial support they need to thrive in the digital age.