Voise -1st music platform on Ethereum blockchain
Most of the music creators just earn a fraction of the amount which is made on their music. This is also evident from the recent lawsuit which was filed against Spotify by Wixen Music amounting to $ 1.6 billion. The platform hosts a lot of celebrity music artists as well. The platform has been plagued by musician complaints which state that they are paid pretty low as compared to what the company actually makes.
The artists would be able to publish their music and make 100% of the revenue
However, all of these are a thing of the past with Voise launching the 1st Ethereum based platform for musicians. The artists would be able to publish their music on the platform and make 100% of the revenue which is collected by the platform. The execution would be with the help of smart contract which ensures that there is transparency. The Ethereum based blockchain technology which would be the underlying technology of the platform would add transparency to the system.
Voise provides complete control to the artists
Voise provides complete control to the artists who are uploading the music. This would ensure that with the help of peer to peer technology the music is hosted and is available to the listener’s as well. The listeners would be able to check the samples before buying the music. Thus, the process is entirely transparent and the users would be able to buy the music which they like.
The cryptocurrency which would be used on the platform is Voise Token which would be based on the Ethereum blockchain. After the confirmation of the transaction, the currency would be transferred to the wallet of the musician. Thereafter, the listener would be able to listen to the music quite easily. Only a small transaction fee would be deducted from the amount. Rest of the amount would be transferred to the wallet of the musician.
The musicians would be able to decide their own price
The musicians would be able to decide their own price which would make it easier for them to decide how much they earn as well. Owing to the decentralized nature of the network, you can be sure that your music will be hosted by a peer to peer network.
When you combine it with the security which it provides to the musician’s as well as the current interest in cryptocurrencies, you can be sure that this platform would indeed become very popular. This is one of the main reasons why it is already garnering such a lot of attention. / Source: bitcoinist.com
In the months to come, you can be sure that this platform would be able to gain a lot of traction. The number of listeners on this platform would also increase significantly. Moreover, since it is a win-win situation for the musicians as well as the listeners, you can be sure that the platform would be able to garner listeners quite easily.
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