SOUNDEON

ambon 75
5 min readJun 26, 2018

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The music industry is difficult to navigate, which makes it inaccessible for most musicians. They must seek recognition from music producers, managers, record labels and concert promoters who only partly address the artists’ needs.

Old ways lose their savor in the ever-changing world and the music industry requires new solutions as well. The kind that could guarantee equal opportunity for all.

Soundeon — a pioneering decentralized and vertically integrated music platform that covers all aspects of the music industry. From the creation and copyright of a work to a contractual resale of both existing and future music assets, to concert organization and ticket sales.

Advances in blockchain computing enabled us to develop the Creative Smart Contract (CSC)™, a self-executing media rights agreement that is the backbone to our platform. Informational symmetry, immutability and agility of the easy to use CSC™ inherently enhance fairness, transparency and trust, which the media industry lacks.

Soundeon is a pioneering decentralized and vertically integrated music platform that covers all aspects of the music industry. From the creation and copyright of a work to the contractual resale of both existing and future music assets, to concert organization and ticket sales. Advances in blockchain computing enabled us to develop the patent-pending Creative Smart Contract (CSC)™, a self-executing media rights agreement that is the backbone of our platform. Informational symmetry, immutability and agility of the easy to use CSC™ inherently enhance fairness, transparency, and trust, which the music industry lacks.

About Soundeon

In 2016, growth in streaming revenue achieved a staggering 60.4%, now making up 50% of the total recorded music revenue worldwide. Whilst the likes of iTunes and Spotify explode in streaming volumes, this success often surpasses the actual artist, profiting cliques of powerbrokers through clandestine backroom deals. As an evergrowing share of artist’s income derives from touring and events, intermediaries have caught up and plagued the simple process of ticketing into an extortion scheme victimizing artists and fans. Soundeon presents a step-by-step solution to not only invigorate the music business with fairness, transparency, trust and independence but unleash the value potential of merging recorded music and ticketing into a transcending fan-centric experience.

This is the world’s first vertically integrated blockchain solution that transcends digital multimedia distribution and live event ticketing. Based on the proprietary Ethereum-based protocol, Soundeon utilizes its registered Creative Smart Contract to create a trustless and transparent music rights management and ticketing environment that addresses the long-standing problems plaguing performing artists and fans alike.

Mission

To discover talent and empower creators to take control of their work by developing a single blockchain-based smart contract media rights and management environment that is uncensored, immutable, fair, transparent and fosters an ever closer relationship between artists and music fans.

Vision

We envision a modern music industry that is revived with transparency and fair treatment that bridges the gap between the artist and fan. Where talent’s success relies on merit and creators can solely focus on creating.

To create the ultimate entertainment experience by bringing transparency and innovation to the music industry. Where success relies on merit and creators solely can focus on creating

A single vertically integrated music platform, that is both on, and ofine carries
the following benefits:

  • More accurate and insightful fan marketing. Empowering artists to distinguish between core fans and casual users, understand fan preferences and, ultimately strengthening and growing more than one fan base.
  • Improved user experience and improved ability to elevate casual listeners to concertgoers at a fraction of traditional cost. Ofer existing avid concertgoers tailored experiences.
  • Built in reward mechanisms that uphold long-term relationships with fans over short-term profits. A committed fan should not compete with ticket scalping robots or physical resellers, but should be rewarded for their loyalty by the artists rather than the venue or credit card points

Through the native adoption of proprietary technology — the CSC (Creative Smart
Contract ) Soundeon Protocol resolves earlier presented problems by
developing the following initial application layers:

  • Music Token Sale — An opportunity for artists to launch Token Sales and finance
    personal projects through the support of the Soundeon community.
  • Soundeon Exchange — A tokenization tool and a decentralized exchange of
    intellectual property where everyone can buy or sell their royalty income with an
    opportunity to create diversified personal music royalty portfolio.
  • Soundeon Tix — fan-centric blockchain-based smart ticketing platform is natively
    embedded on the Soundeon environment. Dynamic QR codes and Creative Smart
    Contracts eliminate ticket scalping, fraud and empower organizers to take full
    control of ticket resells both on primary and secondary markets.
    TM
  • Soundeon Monitor — Royalty data aggregation from Soundeon and third-party
    providers, with integrated data analytics that covers all aspects of the artist’s
    creative output (including: copyright, royalty collection, ticket sales).
  • Soundeon Player — A music player that utilizes blockchain technology for
    transparent royalty distribution

Token Sale Details

Private Sale
11 June — 26 June
Minimum $10,000
Bonus
15% from $10,000
20% from $100,000

Presale
27 June — 26 July
Minimum $1,000
Bonus
8% from $1,000
12% from $10,000

Crowdsale
27 July — 31 August
Minimum $70
Bonus 5%

KYC: Yes
List of accepted currencies: ETH, BTC, LTC, BCH

Token info
Token — SOUNDEON
Platform — Ethereum
Type — ERC20
Price in ICO — 1 SND = 0.056923 USD

**Min. investment70 USD

Distributed in ICO — 65%
Soft cap — 52,700,000 SND
Hard cap — 650,000,000 SND

Roadmap

October 2017
Idea originates

December 2017
Securing a pre-seed investment round (US$ 600,000) from a Singaporean venture fund

April 2018
Platform alpha version launch

June 2018
Soundeon Token Sale

August 2018
Beta version launch

November 2018
Token Sale for all users launch

February 2019
Full compliance with regulations Soundeon
Exchange layer launch

June 2019
Soundeon Tix layer beta version launch

September 2019
Soundeon Monitor launch

December 2019
Fully working platform
Worldwide Expansion

March 2020
Soundeon Protocol launch for External Services

Team

for more information please follow the link below:

Website : http://soundeon.com/
Whitepaper : http://soundeon.com/Soundeon_WP.pdf

Forum Username : cengsuwi45
Forum Profile link :https://bitcointalk.org/index.php?action=profile;u=1566297

0x113185977068cF841A70f619CB33F3deEF865A76

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ambon 75
ambon 75

Written by ambon 75

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