Claiming Earnings
How to convert token value appreciation into realized gains.
For Token Holders
Realizing Gains
Token holders benefit from price appreciation. To realize gains:
- Go to your Portfolio
- Select the song token
- Click "Sell"
- Enter amount to sell
- Confirm transaction
- Receive ETH
Example
You bought: 1,000 tokens @ 0.0001 ETH each = 0.1 ETH
Current price: 0.00015 ETH each
Value: 0.15 ETH (+50%)
Sell 500 tokens:
- Receive: ~0.075 ETH
- Keep: 500 tokens worth ~0.075 ETH
For Creators
Selling Initial Tokens
As creator with 80,000 tokens:
- Decide how much to sell
- Consider market impact
- Sell in smaller batches
- Retain some for long-term
Best Practices
- Don't dump - Large sells crash price
- Gradual selling - Spread over time
- Communication - Tell community your plans
- Retain stake - Keep skin in the game
For NFT Owners (Non-Tokenized)
If your song isn't tokenized:
- Revenue paid directly to wallet
- Check "Earnings" section
- Claim when available
- Receive ETH/USDC
Tax Considerations
Disclaimer
This is not tax advice. Consult a professional.
Consider:
- Capital gains on token sales
- Income from direct revenue
- Record keeping for transactions
- Jurisdiction-specific rules
Portfolio View
Track your earnings:
┌─────────────────────────────────────┐
│ Your Portfolio │
├─────────────────────────────────────┤
│ Song: Midnight Vibes │
│ Tokens: 5,000 (5%) │
│ Value: 0.5 ETH │
│ Change: +25% this week │
│ │
│ [Sell] [Buy More] │
└─────────────────────────────────────┘