VOISE is poised to disrupt the music industry with the alpha launch of its decentralized music streaming and downloads platform on October 18th. The platform will bring music artist, lovers, and listeners together in their common love for music and has received strong support from Grammy-nominated, independent artist Carolyn Malachi and DJ sensation, Jinco.
Online streaming services continue to power the music industry’s recent rebound, accounting for $2.5 billion USD of the industry’s $4 billion valuation. With more labels and musicians adopting and adapting to this new way of music consumption on the go, there is every reason to believe that this growth is just the beginning of the music industry resurgence. Despite these impressive returns, most artists – especially the independent ones – still struggle with the high costs of distribution, commissions, and low payout.
VOISE believes that the heart of the problem lies in the unfair distribution of revenue and endless streams of intermediaries. Its decentralized platform addresses this problem directly by giving all revenue generated from music content back to the artists and providing a direct channel between the artists and their fans.
The easy-to-use, blockchain platform let users listen and download their favorite songs with having to set up complicated web wallets or use dedicated apps every time they want to listen to a song. Despite having its own native token for services on the platform, VOISE will accept fiat payments, uniting blockchain enthusiasts and the average person in their common love for music.
Recognizing the steep learning curve and technical deficiency of previous attempts at blockchain-based music platforms, VOISE’s focus on simplicity is exemplified by the user homepage, where users can directly access their favorite music from the top downloads, or sample the newest entry from the latest uploads. They can also sort and categorize their search by theme, genres, or artists.
The alpha launch will also introduce Radio DAO, a top artists streaming service and community engagement platform. The service features a unique community voting system where users can select their favorite radio service and share in its profits.
Music artists on the platform can upload their songs and albums at their own price, or may opt for donations instead by setting their price to 0. A dedicated and unique profile page will link the artists to their providing a seamless communication and engagement channel.
The VOISE community can look forward to even more exciting developments as work continues on the music platform of the future as its tokens continues to gain recognition following the successful token swap in September. VOISE tokens are currently listed on CoinMarketCap, Livecoin and Coin exchange trading at 800 satoshis with $800,000 daily trading volume.
Updates to the platform’s roadmap will see it attracting more collaborators for the platform, building more partnerships in the music industry, implementing an artist verification system and search engine, and investing in Asia’s emerging markets. VOISE has also initiated partnership efforts with the world’s largest open-source blockchain alliance, the Ethereum Enterprise Alliance, that connects Fortune 500 enterprises with Ethereum experts.
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