SMP Tokenomics & Lite Overview
SMP is the Solana-based token powering the Shared My Playlist ecosystem.
Total Supply
1,000,000,000 SMP (one billion tokens)
Distribution
- 50% — Liquidity & Market Making
- 17.5% — Independent Artist Program
- 10% — Playlist Rewards
- 7.5% — Ecosystem Development
- 5% — Team (vested)
- 5% — Partners & Advisors
- 5% — Community Rewards
Reward Levels
- 10,000 SMP per approved listener playlist
- 20,000 SMP per approved Artist Pack
Core Utilities
- Listener rewards
- Artist rewards
- Access to artist drops and special releases
- Future governance / DAO participation
- Community incentives and campaigns
Impact Link
15% of all revenue generated from artist drops flows into the Impact Fund, creating a direct connection between token activity and real-world music support.