General Info

The problem of the archaic world of the music business.

Why is this happening?

What happens is that while small labels, companies, artists work on a product to make a name for themselves, they bring something new to the world of music. And that's why they shoot out.

As soon as the big players notice them, they take them on, with a ready-made model, and try to leave everything "that already works" untouched until it makes money.

You've probably heard artists who have only had one successful track/album and then "deflated" and "sold out" - it's all happening for exactly that reason.

Bottom line - music market has been stagnant for more than 30-40 years - technology is changing but business model is not .

How can this be fixed?

1 - Remove intermediaries between author and listener.

2 - Use technology for the benefit of the industry, not for the enrichment of the individual "uncle" at the label.

How to make it happen? - Blockchain.

Our main aim is to help the artist with smart contracts, to make it so that he himself, and not someone from the outside, dictates the conditions under which his work is created and functions.

We want labels, marketing agencies, producers to work with artists on their terms, not the other way around.

We want musicians to be able to make a decent living from their creativity.

That is why we decided to build a marketplace on blockchain. We are developing the music industry as a whole: it does not matter for us if you write symphony, pop music or dubstep - you will find your listener with us!

Being musicians, composers and sound-producers ourselves, we, as well as millions of musicians, faced similar problems all over the world. With each passing day, the process of promoting music becomes more and more difficult, while earnings drop. As a result, the artist is forced to do business rather than create.

We decided to influence the laws of the music business and create the first music marketplace on NEAR blockchain. We want to bring back the era of experimentation, of unrestricted musical creativity. We are creating a platform where promotion and publicity will be handled by DAO, while artists will create any music they want, without fear that their creativity is not suitable for radio, and they themselves will lose revenue.

Why NEAR blockchain

Affordable, fast transactions and the ease of use of the NEAR Protocol are obvious advantages to building a marketplace specifically on NEAR in Web3.

The most important advantage of Near over Etherеum: no longer do you have to pay a large smart contract fee to both list and buy or sell your tokens and tokens of your favourite artists.

Among other benefits of this blockchain, we can also list: - Ease of token development and contract deposition - Stable operation of the blockchain - Speed, efficiency and cost. The NEAR system quickly and automatically transfers royalties to the artist: no more waiting 1-2 quarters at a time to see their first money - Simplicity in developing a royalty system for artists and their fans. On the NEAR blockchain you can easily create Listen 2 Earn: Near has all the features to do this in a stable and efficient way

In this way NEAR allows us to ensure that both the venue, the artist and the fan earn money.