Blockchain and the Future of Music Distribution. We distribute music and NFTs to blockchain platforms, manage digital . The eMusic tokens are neither designed nor expected by us to increase in value over time. EVEARA gives you the most powerful, the most user friendly, and the most innovative tools on the market to make the most out of your music. [3] (2). About US. Blockchain, which started as a cryptocurrency bitcoin, has recently been applied to various fields such as finance, distribution, and public services beyond the category of cryptocurrency. Blockchain Musician Musicoin is a shared economy music streaming platform that enables the creation, consumption, and distribution of music. Jan. 7, 2019. [3] (2). Bonanza Goldfields Corp. The blockchain has gained traction across industries over the past few years. Quick turnarounds. By applying the best blockchain and NFT technologies available today, we have reinvented the NFT and created our proprietary DOT (digital ownership token) for media and entertainment assets. With Revelator, music businesses can power their catalog management, distribution, digital assets, NFTs, smart contracts, business intelligence, royalty and payment distribution. Blockchain and Film Distribution. Some of the most interesting up and coming industries for blockchain use cases are the music and art . Along with piracy is the issue of copyright and nano-payments. Solving the problem of fractured metadata in the music industry can create a complete view of all contributors to a given piece of work while also streamlining the payment process. Expected revenue on. Sign up, send us the music, sit back, and collect 85% of all revenue generated. Decentralized and pear-to-pear authentica-. New startup Audius says its blockchain-based music streaming service is the solution that finally pays attention to indie artists' needs. The Creative Passport is the digital container to hold verified profile information, IDs, acknowledgments, works, business partners and payment mechanisms, to help get music makers and their works, linked and open (data) for business. Listeners can stream songs from independent musicians on our platform absolutely free and without ads, while musicians are compensated more fairly than major music streaming platforms in the industry. This decentralized model is already relevant for blockchain-based . music eco-system. In a more decentralized future, there will be "no more debates around ownership all that info is stored on the blockchain.". eMUSIC. The blockchain and smart contracts technology can circuit this problem by creating a comprehensive and accurate . The global music industry is growing, generating $42.93Bn in revenue in 2016. One of the major issues with the music industry is piracy. With Blockchain, one can solve the issue of piracy and copyright using blockchain to vali. One of the ways could be to encode tracks of the album on the blockchain which will ensure a unique record every . The digital music copyright distribution network is a complex system involving a wide range of organizations and departments, including copyright holder groups, content providers, telecom operators, service providers, terminal equipment manufacturers, technology providers, and users. Mattias Tengblad is the co-founder and CEO of Corite, a Stockholm-based digital music distributor; Emil Angervall is the co-founder and Chief Operating Officer of Corite.. We plan to distribute to many more platforms once they become . A blockchain -based approach to digital distribution of music could benefit the entire value chain from funding, rights management, copyright administration as well as payments. Smart Contracts bring autonomy, reliability, security and are based on peer-to-peer . Issued Letter to Shareholders Covering New Business Initiatives with Blockchain and Metaverse Technologies in Media and Entertainment Distribution . A. s the world becomes more familiar with blockchain, people and companies continue to turn to the rapidly adopted technology to solve problems that were previously seen as just the costs of doing business. SingularDTV. Read more . There is a reason why Market Leaders (Avid, Dolby, Sony, Line, and many more) choose to go with EVEARA, the best B2B Enterprise White Label SaaS Digital Music Distribution Solution you can get! Muzible.com enables practical use of NFT technology in music distribution, content creation and marketing campaigns. By applying the best blockchain and NFT technologies available today, we have reinvented the NFT and created our proprietary DOT (digital ownership token) for media and entertainment assets. Volareo is the first independent smart speaker supporting open source to integrate with blockchain streaming platforms that brings . David Garcia, CEO and Managing Partner of Borderless Capital, added: "Using blockchain technology to democratize the access to the music's capital markets is really disruptive and unique. Along with piracy is the issue of copyright and nano-payments. Carrigtwohill. Digital music copyright distribution based on blockchain When it comes to music, They identify 2 types of Smart Contracts that would be needed to fuel the new eMusic blockchain distribution ecosystem. There has been a change in music distribution dynamics over the past decade as music artists and record labels attempt to move with the times and take advantage of new monetization opportunities. With the rise of the Ethereum blockchain the Smart Contract was developed as well as the ability to develop Dapps within the blockchain. accurate and decentralized databases of music rights, image rights, and even the protection of voting . Blockchain helps distribute the cost of running a platform to its various participants, but rewards them for it in equal measure. Within the music streaming industry, Spotify dominates subscriber numbers . With blockchain technology and tokenized artworks, independent music labels and artists are slowly but steadily taking . Full API Capabilities. The eMusic tokens being sold as part of the Token Sale are a functional part of the blockchain-driven music distribution platform described herein. . As such, people are now looking elsewhere for the next big thing. DIstribution You can't can do distribution without a record deal / Don' get beaten by bad distribution. The New York blockchain company operates as a decentralized music distribution and royalty management system. By . In this paper, we propose a music distribution model to protect music copyrights and rights holders' rights based on blockchain and smart contract technology. Though the market is already saturated with streaming services, a subset of blockchain-powered platforms are trying to join the mix with varying success. email@eveara.com. Company Description: SingularDTV is a blockchain entertainment studio laying the foundation for a decentralized entertainment industry. MUSIC, their coin, is a worldwide currency that supports all music and music-related transactions. As the leading apparel manufacturer for the North American Music Industry, ARENA makes the process of designing, producing, and fulfilling custom printed merchandise seamless, easy and cost effective. WEB3. Is Blockchain the "legal revenge" of the #Napster's decentralized system (peer to peer) of music distribution that was introduced many years ago? Its somewhat abstract nature is only made less accessible . the founder and head of music distribution company and record . Blockchain is arguably starting to make it into the mainstream. The Musicoin Blockchain ensures each musician receives the most competitive industry compensation, instantly and automatically, for each stream . OnChain Music is the leading blockchain music distribution company, and also help Artists and Labels create unique NFTs. The concept of . Now I'll be the first to admit that I've been stumped by Blockchain for ages. Digital music copyright distribution based on blockchain What they do: Musicoin is a music streaming platform that supports the creation, consumption and distribution of music in a shared economy. Easy-to-use, yet comprehensive customizable UI. Wom platform will be launched worldwide at 2022, May, 18th 01:00 (UTC+8), when 100,000 Wom Nodes are available for pre-sale. Whether it's the art world or the music industry, creative industries are saddled with middlemen and intermediaries that siphon a huge percentage of profits from artists in exchange for distribution, marketing, or accessing scale. In these monetization models (EPs, CDs, etc. The platform we have created is based on Blockchain-NFT technology (ERC-721 standard) that allows to connect the digital world with the material world. Industry experts predict that this nascent blockchain-based trend will benefit creators, solve endemic music industry problems and change the way we . Published. The digital music copyright distribution network is a complex system involving a wide range of organizations and departments, including copyright holder groups, content providers, telecom operators, service providers, terminal equipment manufacturers, technology providers, and users. ), consumers need to purchase an entire album even . We are committed to providing the best digital music distribution solution possible. We enable you to manage your intellectual property- everywhere. The transparency feature allows content creators to manage content distribution in a peer-to-peer way. Music makers are the connective tissue for the music industry. Whitepaper. Blockchain is being used to reliably manage and track numerous aspects of the media creation process. Only 78% of music released on Spotify was distributed by record labels in 2020, down from the 87% in 2017. May 9, 2017 1:01AM EDT. Redefining Music Distribution Through Blockchain 04.02.2019. She recently teamed up with Ujo, a company looking to be the one-stop shop for independent music distribution and payments, to release the first song on the Ethereum blockchain. In February, he sold various NFTs of his . Abstract The blockchain-based digital content distribution. the music industry and other sectors launched the Secure. The monetization models of music in the 1970s started with EPs and Vinyl tracks until it quickly transitioned into Cassettes and CDs in the 1990s. Problem. The system does not rely on third parties, meaning artists will their own . Bonanza Goldfields Corp. In this article, I will not go into why blockchain tech has the potential to revolutionise the music industry, or whether NFTs are bad for the environment. Is Blockchain the "legal revenge" of the #Napster's decentralized system (peer to peer) of music distribution that was introduced many years ago? eMusic is a blockchain-based music platform that is located in NYC.