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Music Voting Mechanism
The Sonorus platform introduces a dynamic pricing model for songs based on user votes. This model ensures that songs gaining traction and popularity see a corresponding increase in their value, while songs that may be waning in popularity experience a decrease. The mechanism is rooted in the principles of demand and supply, reflecting the community's sentiment towards individual tracks.
Initial Pricing: Every song introduced on the Sonorus platform starts with a base price of 0.0002 BNB.
- 1.Buying Votes: For every vote a song receives, its price increases by 0.000002 BNB.
- 2.Selling Votes: Conversely, for every vote sold by users, the song's price decreases by 0.000002 BNB.