Blockchain music platform that changes everything. Soundeon ICO rating – 60
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PRE ICO Dates : 30/08/18 – 30/10/18
Roadmap: 7/10 Legal: 3/5 ICO terms: 4/5
Team: 20/20 Token applying: 5/5 Promotion: 18/20
About Soundeon ICO (token sale)
Soundeon ICO is a decentralized blockchain-based musical and multimedia platform built on the Soundeon ICO ecosystem – a protocol for the modern media. The Soundeon ICO venture constitutes a consortium of blockchain experts, artists, software developers, intellectual property practitioners, and media executives that are already shacking up business as usual within the media industry.
Soundeon ICO tackles foremost problems plaguing the performing arts industry with radical transparency, equitable ownership rights management, enhanced artists funding mechanisms and fair event ticketing.
We help artists regain control of their creations, monetize their talent and o er fans an ever-closer connection with their artists. As the music industry struggles to resolve the problems in digitally recorded music rights management and live event ticketing, Soundeon presents a layer-by-layer use-case approach.
At its core, novel technologies within blockchain computing such as self- executing smart contracts and immutable ledger technology enable Soundeon to create a functioning, stable, secure, and adaptive environment to solve practical problems in digital media and ticketing. The platform 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.
Soundeon ICO utilizes a multipronged approach to eliminating inefficient and archaic market practices adversely affecting both, the artists and their fans alike, on- and off-line.
Through the native adoption of proprietary technology – the CSC (Creative Smart ContractTM ) Soundeon ICO 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 ICO 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 ContractsTM eliminate ticket scalping, fraud and empower organizers to take full control of ticket resells both on primary and secondary markets.
- 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.
Soundeon ICO Token
The Soundeon protocol token – the Soundeon Token is a vital utility tool used to align economic incentives amongst platform participants. Simply put, the Soundeon Token is payment mechanism for services to be rendered on the Soundeon platform. Operational services provided by Soundeon will incur some transactional fees playable in Soundeon Tokens. Fees may be incurred by content providers (i.e. intellectual property owners or service providers) and well as the content consumers (i.e. listeners, ticket buyers), depending on the platform layer.
The number of Soundeon ICO Tokens issued at the tokensale is capped at 1 billion tokens. Initial tokens will be issued at the exchange rate of 1 Soundeon Token = 0.056923 USD. Only tokens purchased at the ICO Token Sale are issued on-demand. This means that the supply is capped at initial issue and no need to “burn” excess tokens.