In 2016, growth in streaming revenue achieved a staggering 60.4%, now making up 50% of the total recorded music revenue worldwide. Whilst the likes of iTunes and Spotify explode in streaming volumes, this success often surpasses the actual artist, profiting cliques of powerbrokers through clandestine backroom deals. As an evergrowing share of artist’s income derives from touring and events, intermediaries have caught up and plagued the simple process of ticketing into an extortion scheme victimizing artists and fans. Soundeon presents a step-by-step solution to not only invigorate the music business with fairness, transparency, trust and independence but unleash the value potential of merging recorded music and ticketing into a transcending fan-centric experience.
This is the world’s first vertically integrated blockchain solution that transcends digital multimedia distribution and live event ticketing. Based on the proprietary Ethereum-based protocol, Soundeon utilizes its registered Creative Smart Contract to create a trustless and transparent music rights management and ticketing environment that addresses the long-standing problems plaguing performing artists and fans alike.
Soundeon is a pioneering decentralized and vertically integrated music platform that covers all aspects of the music industry. From the creation and copyright of a work to the contractual resale of both existing and future music assets, to concert organization and ticket sales. Advances in blockchain computing enabled us to develop the patent-pending Creative Smart Contract (CSC)™, a self-executing media rights agreement that is the backbone of our platform. Informational symmetry, immutability and agility of the easy to use CSC™ inherently enhance fairness, transparency, and trust, which the music industry lacks.
Our Mission - To discover talent and empower creators to take control of their work by developing a single blockchain-based smart contract media rights and management environment that is uncensored, immutable, fair, transparent and fosters an ever closer relationship between artists and music fans.
Our Vision - To create the ultimate entertainment experience by bringing transparency and innovation to the music industry. Where success relies on merit and creators solely can focus on creating
How it Work
Fans & Backers
- Participate in music token sales and become a co-owner of copyright and other intellectual property rights
- Buy existing royalty streams
- Collect all of you "worldwide" royalties within a single application environment with insight analytics. With built-in smart contracts this process is automatic, verifiable and transparent.
- An opportunity to support your favourite artists directly
- Discover new tracks and personalized playlists with built-in loyalty rewards, both online and offline.
- Discover latest events, book and purchase tickets at face value. Get personalized suggestions and promotions for upcoming events.
Musicians & Authors
- Create your own token sales for your music and video projects
- Sell existing music royalties on the platform in fractions through smart contracts
- Register and protect copyrights and other intellectual property rights worldwide
- Collect worldwide royalties through a single, free, and easy-to-use digital interface with an integrated smart contract and gain revenue insights along with data analysis
- Stream your music via our blockchain player with transparent royalty distribution technology
We aspire to change the music industry by making it more accessible to artists and music lovers worldwide.
Soundeon – a music ecosystem in which anyone can achieve success, either independently or by becoming a stakeholder in their artist's success story.
Soundeon’s technological solutions (layers) are designed to support you through the entire creative process.
The Soundeon protocol token – the Soundeon Token is a vital utility tool used to align economic incentives amongst platform participants. Simply put, the Soundeon Token is payment mechanism for services to be rendered on the Soundeon platform. Operational services provided by Soundeon will incur some transactional fees playable in Soundeon Tokens. Fees may be incurred by content providers (i.e. intellectual property owners or service providers) and well as the content consumers (i.e. listeners, ticket buyers), depending on the platform layer.
- Ethereum-based : ERC20
Tokens issued on-demand at purchase - Total Token Supply: 1.0
billion no new tokens will ever be created - Soft cap: 52.7 million Tokens
- Hard cap: 650 million Tokens
- Token Type: Utility
- Legal Opinion Provider: Hedman Partners
- Exchange Rate:
1 Soundeon Token = 0.056923 USD - KYC / Whitelist: Yes KYC/AML Provider: Sum & Substance
The introduction of Soundeon Tokens on the Soundeon platform is justified by the need for reduced transactional cost to enable micropayments economically viable as well as streamline and simplify on-chain transactions. Micropayments, in turn,
For Information
Website: https://soundeon.com/en/
Whitepaper: https://soundeon.com/Soundeon_WP.pdf
Facebook: https://www.facebook.com/soundeon/
Twitter: https://twitter.com/soundeoncom
Telegram: https://t.me/soundeon
Author AB3S
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