What is Soundeon?
Introduction to Soundeon:
Soundeon is a musical platform which is going to make the musical industry more accessible to music lovers and artists all over the world. Anyone can get success on Soundeon ecosystem by becoming a stakeholder or working independently in the artist success story. Soundeon will convert the traditional private and closed music market into a public platform after integrating it into blockchain technology.
What is the mission of Soundeon?
Soundeon has an aim to create blockchain based live ticketing and digital media rights management environment which will empower the creators and discover the new talent. Soundeon will create a fair, immutable, transparent, foster and uncensored platform for the fans and artists.
What is the vision of Soundeon?
Soundeon has a vision to reduce the gap between the fans and artists with the creation of a modern music industry. The fair treatment and transparency will allow the creators to focus on new music creation and the talent success will depend on merit only. Soundeon wants to give equal opportunities to all artists independent of their religion, race or family background. By contributing 10 % income of Soundeon platform especially for the philanthropic endeavors, the art will be promoted to disadvantage communities.
What is the problem in the traditional music industry?
The traditional music industry is inaccessible for most of the artists because it is difficult to navigate. The artists have to contact the managers, producers, record labels and concert promoters for song recording but these people do not fully fulfill the artist needs. Due to the advance technology, the world is changing. New technology is providing many new solutions to the music industry. Traditional music industry need the accurate fan marketing to empower the artist to distinguish between casual users and core fans.
Problem solved by the Soundeon:
Soundeon is a vertical and pioneer decentralize integrated music platform which is covering all the aspects of the traditional music industry. From copyright and creation to contractual re-sealing of future and existing music assets, Soundeon is handling all tasks. The self made media rights agreement is the main feature of this platform. The advancement due to the use of blockchain technology allows Soundeon to develop the Creative Smart Contract. The transparency, fairness and trust of this platform is maintained due to the immutability, informational symmetry and agility of the easy use of Creative Smart Contracts.
How Soundeon works?
- Ticketing: The concert can be organized by distributing the tickets through this platform. The revenue can be collected directly from the primary or secondary tickets sale.
- Copy rights: To provide maximum protection to the musician, the time stamped blockchain and official government registration is provided by this platform.
- Licensing: The music can be license with the integration of all key information on the blockchain.
- Royalty Exchange: The musicians can create the personal music portfolio. On the decentralized Soundeon exchange, they can buy and sell all types of royalties.
- Performance right organizations: The royalties can be collected and aggregated from the TV, live shows, public performance and radio etc.
- Blockchain streaming player: For transparent royalty distribution, the musicians can discover the new opportunities which are provided by the music players.
What are the special benefits of Soundeon for musicians and fans?
Benefits for the authors and musicians:
- With the transparent distribution technology, musicians can stream the music with the blockchain players.
- With the smart contract which is integrated with a free, single and easy to use digital interface, the worldwide royalties can be collected easily. Along with data analysis the revenue insights can be get easily.
- The musicians can create their own token sale for video and music projects.
- Other intellectual properties along with copyrights can be protected worldwide.
- By using the smart contracts, the existing music royalties on the platform can be sold.
Benefits for the backers and fans:
- The fans can buy the existing royalty streams.
- They can become the co-owner of the intellectual property rights along with copyrights by participating in the music token sales.
- The fans can get an opportunity to directly support their favorite artists.
- They can discover the personal playlist and new tracks with the built-in loyalty rewards, both offline and online.
- Within a single environment, the fans can collect the worldwide royalties. The process is verifiable, transparent and automatic due to the built in smart contracts.
- They can discover the latest books, events and can purchase the tickets at a valid value. They can get the personalized promotions and suggestions for the upcoming events.
The Soundeon tokens can be used for various purposes i.e. payment for platform services, fair play guarantee, trading of artist coins or bootstrap network effects. The Soundeon token is just a payment mechanism to get any type of service on the platform. The transactional fees can be charged to get the operational services on Soundeon platform.
- Toke name: Soundeon token
- Price:056923 USD = 1 soundeon token
- Total tokens: 1 billion
- Soft cap: 7 million tokens
- Hard cap: 650 million tokens
- Reserve funds: 2%
- Bounty pool: 3%
- Artist manifesto: 6%
- Founding team: 14%
- Early backers: 4%
- Crowd sale: 65%
- Advisors: 6%
Soundeon has an approach to solve the problems faced by the fans and artists by using the blockchain technology. Soundeon is going to integrate the traditional aspects of the music industry into the blockchain technology to cover the gap between the live and recorded music. If you are a music lover and want to know more about this new cryptocurrency project then visit the website of Soundeon for further details.
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