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 contractual resale of both existing and future music assets, to concert organization and ticket sales.
This is accomplished through a secure and transparent ecosystem built on the foundation of a proprietary Creative Smart Contract (CSC)™.
The CSC™ is a self-executing media rights agreement that serves to promote many of the aspects that the traditional music industry lacks, including transparency, trust and fairness.
Soundeon encourages and seeks to cultivate a more intimate relationship between artists and fans by providing timely solutions to the shortcomings seen in today’s music industry.
There are Five Interconnecting Layers that Make up the Soundeon Platform.
Music Token Sales an opportunity for artists to launch Token Sales and finance personal projects through the support of the Soundeon community.
Soundeon Monitor the main idea behind Royalty Monitor is to combine data aggregation and data analysis. It will become possible for artists and pledged fans to easily track all royalty streams and other revenues, including ticketing income.
Soundeon Exchange a tokenization tool and 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 is a 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.
Soundeon Player a music player that utilizes blockchain technology for transparent royalty distribution.
Recent Developments and the Road Ahead
The idea for the Soundeon platform originated in October 2017 and by December 2017 the project had already raised seed financing of US$ 600,000 from a Singaporean VC fund. Ruslan Guseynov (Strategy & Development) and Aram Abgaryan (Business Development) first introduced the Soundeon platform at the 2018 Fintech World Conference in New York.
The next step was the speech at the Crypto Investor Show, The UK’s Biggest Crypto and Blockchain Event for Investors on the 10th of March in London.
During their presentation, Ruslan had the following to say about the platform:
“In order to achieve the ultimate entertainment experience, talent must be discovered and empowered. The status quo in the music business dictates archaic terms as if we live in 1954. By integrating the latest blockchain technologies we are creating a single media rights and management ecosystem that is uncensored, immutable, fair and transparent.”
They confirmed that the alpha version of Soundeon is already in development and will be released in April 2018. The beta version is due for release in December 2018 followed by a fully functional platform launch in March 2019.
To learn more visit the Website: http://soundeon.com/
Read the full Whitepaper: http://soundeon.com/Soundeon_WP_v0.1.pdf
Connect on Twitter: https://twitter.com/soundeoncom
Meet the Team: http://soundeon.com/#team
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