#CANADAPP
JUKEBOX

Busking online for tips. Musicians just video-record themselves in a studio and set up a tipping pool for their audience, the higher the amount the more they get rewarded by the artist via SFT sale of song releases, custom music, or things related to their work.


Core Features:
  1. Live Streaming: Artists can host live sessions, perform new tracks or engage with fans. Viewers can join, comment, and interact.
  2. Tipping System: Fans can tip artists using cryptocurrency or tokens during live sessions or when listening to recorded tracks.
  3. Cloud Library: Users can save their favorite songs to a personal cloud library, accessible from any device, anytime.
  4. Blockchain Integration: Each song and transaction is recorded on the blockchain, ensuring transparency and fair compensation for artists.
  5. Direct Uploads: Artists can upload their music directly to the platform, bypassing traditional distribution channels.
  6. Social Features: Users can follow their favorite artists, create playlists, and share music with friends.
Monetization Strategy:
  • Transaction Fees: A small fee from each tip could support the platform’s maintenance and development.
  • Subscription Model: Premium features, such as ad-free listening or exclusive content, could be offered for a monthly fee.
  • Artist Promotion: Emerging artists could pay for featured spots on the platform to gain visibility.
Technical Considerations:
  • Scalable Architecture: To handle large volumes of streaming data and transactions.
  • User-Friendly Wallets: Seamless integration of digital wallets for easy tipping and transactions.
  • Content Delivery Network (CDN): For efficient distribution of music content globally.
Challenges:
  • Licensing and Rights Management: Navigating the complex web of music rights to ensure all content is legally compliant.
  • Adoption: Encouraging users and artists to transition from established platforms to this new blockchain-based system.


Made on
Tilda