Lets Talk About Voise, The Decentralized Music Platform That Could Dethrone Spotify

in cryptocurrency •  7 years ago  (edited)

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What is Voise?

Voise is a decentralized music platform that uses blockchain technology to allow artists to reap 100% of the profit from their music. Letting people keep the rights to their music AND not having to give 50%-75% of their profits to a record label or a streaming service such as Spotify of Apple Music.

Why is this big?

The biggest reason why this is big is because artists struggle to make any money off the music they create, even on streaming services. Streaming services were made to make the possibility of being independent from a record label a thing, and it does but there's a problem with the amount the artists are actually paid per stream (look at chart below)
music_pay.jpg
In return each of these streaming services make on average of 1.6 million dollars a day, but the artist only receives 25% of that pie. This is the problem Voise wants to combat.

Why is this the perfect moment to buy Voise?

Well for one, the biggest dip in recent crypto history just took place a couple days ago so it's like Black Friday on the exchanges now. Second, Spotify is in hot water after being sued 1.6 billion dollars for copyright infringement and withholding the appropriate compensation from artists, the exact problem Voise is solving, and last but not least, the mobile app is about to drop very soon, Q1 of 2018 to be exact, so this market cap could at least triple this year.

Final Thoughts

VOISE will continue to introduce new ways of content monetization for the benefit of artists. At the same time, end users stand to benefit from lower prices as artists can afford to let go of the commissions and third-party fees which they would have otherwise incurred over conventional distribution channels.

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Good to see all these new services that use the blockchain to benefit musicians popping up.

Thanks for the information.

Does Voise pay for streaming as well as buying music?

What are your thoughts on musicoin? I am using that heavily and earning a reasonable amount even though it's in beta so a bit temperamental.

I have just started a VLOG "How To Make Money As An Independent Musician" and I will be sure to cover Voise at some point: https://steemit.com/music/@atomcollector/vlog-how-to-make-money-as-an-independent-musician-episode-1-an-introduction

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