Skyhitz
Skyhitz, Inc. · Voice & Language · Business
Skyhitz is a music streaming and investment platform on the Stellar blockchain. Listeners pay small HITZ token fees to stream, while stakers own entries and artists set their equity.
About Skyhitz
What Is Skyhitz
Skyhitz is a music platform where listening, uploading, and investing all run on the Stellar blockchain through a single Soroban smart contract it calls the Core Contract. Every action a user takes, from streaming a track to staking tokens on it, gets recorded on-chain. The project presents itself as a decentralized music platform, and its currency is HITZ, a Stellar asset with a fixed maximum supply of 21,000,000 tokens.
The idea behind it is that listeners and early supporters should share in the upside of the music they back. When you stream a song you pay a tiny fee of 0.1 HITZ into a treasury, and that fee raises the track's escrow score. Staking actions, called Mine and Invest, lock HITZ directly as equity in a track. Stakers then claim a share of the rewards that flow into that track over time.
Two things shape who gets real value here. First, the HITZ supply is already exhausted, sitting near 20 million of the 21 million cap, so there's no minting and all rewards come from a treasury that pays out 0.05 percent of its balance each day. Second, it's a crypto-native product. You need a Stellar wallet and some HITZ to do anything beyond browsing, which keeps the audience closer to crypto and music enthusiasts than to casual listeners.
Getting Started
- Open the Skyhitz web or mobile app and connect a Stellar wallet. Email sign-in is supported for the account side.
- Add HITZ to the wallet to cover platform fees. Buying, selling, and swapping HITZ happens through the app's on-chain token view.
- Browse the chart and stream tracks. Each completed listen costs 0.1 HITZ and counts toward that entry's escrow.
- Stake by mining an external track (1.0 HITZ) or investing in an existing entry (3+ HITZ). Your fee becomes your stake, at a one-to-one ratio.
- Claim rewards once a track's reward pool grows. Verified artists can also set a non-dilutable equity percentage when they upload.
Product Information
A quick look at Skyhitz's pricing, supported platforms, and performance.
Best for
The users, tasks, and scenarios where this tool fits best.
Users
- Crypto-curious music fans
- Independent artists
- Small-scale investors
Tasks
- Streaming and supporting a track
- Mining external music
- Earning staking rewards
Scenarios
- Backing an emerging artist early
- Tracking a music portfolio
- Exploring blockchain apps without trading
Key features
Listen, like, and download with HITZ
Every everyday action on Skyhitz carries a small fee in HITZ. Streaming a track costs 0.1 HITZ, a like costs 0.2, and a download costs 0.3. These fees don't buy equity, but they do go to the treasury and raise the entry's escrow score, so the tracks people actually play earn a bigger slice of daily rewards.
Staking through Mine and Invest
Two actions let users hold a stake in a track. Mining brings an external song onto Skyhitz for 1.0 HITZ and makes you its first stakeholder. Investing adds 3 HITZ or more to an existing entry. In both cases the fee becomes your stake at a one-to-one ratio, with no price oracle involved, so what you pay is what you own.
Non-dilutable artist equity
Verified artists set an equity percentage when they upload, up to 99.9 percent, and that share can't be watered down by later fan investment. If an artist sets 20 percent and a track earns 1,000 HITZ in rewards, the artist claims 200 HITZ and stakers split the remaining 800. Collaborations are supported, so several artists can each hold their own slice of the same entry.
Post-exhaustion token model
HITZ has a fixed maximum supply of 21,000,000 tokens, and roughly 20 million are already issued. There's no further minting. Rewards instead come from a treasury that releases 0.05 percent of its balance every day, a rate the project compares to Bitcoin's halving schedule and one that stretches distributions past twelve years.
Reward claiming by ownership
Stakers claim rewards in proportion to how much of a track they own. The formula is your stake divided by total stake, multiplied by the staker pool, minus whatever you've already claimed. You can claim as often as you like, and claiming never touches your original stake, so future rewards keep building on the same position.
Public contract and API
Skyhitz publishes its Core Contract and source code on GitHub and runs its backend as a GraphQL API on Cloudflare Workers. The contract source, API source, and front-end code are all open, which lets developers inspect how actions, staking, and distributions are actually implemented.
Pros and cons
Pros
- Direct upside for supporters: staking HITZ on a track gives a real ownership share, not just a tip, and rewards grow as the track gains attention.
- Artist-friendly terms: non-dilutable equity means an artist's share is locked in at upload and can't be reduced by later investments.
- Transparent economics: supply is fixed and published, the daily distribution rate is a stated 0.05 percent, and the contract source is open.
- Open-source stack: contract, API, and front-end code are all on GitHub, so the platform's behavior can be checked rather than taken on trust.
- Low per-action cost: streaming, liking, and downloading cost fractions of a token, keeping day-to-day use cheap for regular listeners.
Cons
- Crypto-first onboarding: you need a Stellar wallet and HITZ before you can do much, which is a real barrier for listeners who just want to press play.
- Rewards depend on activity: a track with little escrow earns little from the treasury, so early stakes in quiet tracks may return very little.
- Fixed supply cuts both ways: with no minting, there's no inflation, but reward growth is capped by how much the treasury holds and releases.
- Smaller catalogue and community: compared with mainstream streaming services, Skyhitz has a narrower library and a smaller user base to draw engagement from.
Frequently asked questions
Skyhitz is a music streaming and investment platform built on the Stellar blockchain. Listeners pay small HITZ token fees to stream, like, and download tracks, and they can stake HITZ to own a share of a track and claim rewards from its earnings.
Related content
Explore related tools, skills, and articles for Skyhitz.
Skyhitz Alternatives
Off the Record
Weird Machines · Voice & Language · ProductivityOff the Record is a macOS app from Weird Machines that reshapes your voice in real time to block AI transcription, so people hear you normally and notetakers get nothing usable.
Cekura Bench
Cekura · Voice & Language · BusinessCekura Bench is a public benchmark that runs speech-to-speech models and deployed voice agents through 82 simulated phone calls, three times each, then publishes pass rates, latency and cost.
Griffin by Tavus
Tavus · Voice & Language · Video · ChatbotGriffin by Tavus is the first Human Interaction Model: a full-duplex, video-to-video system that watches, listens, and answers during a live video call in real time.