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Less than a month after launching its platform, blockchain-based music startup, Voise ,has now joined the prestigious Ethereum Enterprise Alliance (EEA) as a full member.
The EEA membership now places Voise in the same standing with some of the most reputable global companies in a diverse range of fields, such as management consulting, the energy industry, academia and blockchain and financial technology.
This relationship will enable the startup to network and engage directly with large blockchain projects and industry giants such as Bancor, Credit Suisse, British Petroleum, Deloitte, Intel, JP Morgan, Microsoft, Thomson Reuters and many more.
Voise’s decision to join the EEA could very well help the project gain recognition and wider influence, with EEA being a valuable partnership opportunity through the organization’s common goal of advancing decentralized solutions.
With Voise’s efforts in eliminating middle parties in the global music streaming industry, it along with EAA will now be able to combine their efforts together towards a common advancement of the Ethereum protocol.
Disrupting the global online music industry
Musicians have mostly moved away from album sales in physical locations, instead they now look to online platforms where a majority of music listeners have moved to . However, this recent change has often hurt artists, independent artists in particular, as they continue to struggle with the high costs of distributions.
Major centralized platforms frequently charge musicians between 15% to 40% of revenue generated from paid downloads, with streaming services taking even larger cuts.
This is where Voise hopes to improve the current affairs of things in the music industry . Building on previous attempts at developing blockchain-based and decentralized platforms, the Voise platform is intended as a solution to this problem.
Additionally, the platform’s developers have made simplicity the focus of their efforts on the consumer side of things. It will be easy to use for mainstream users, allowing both crypto and fiat payments to cater to crypto users and average music listeners, with options to deposit and withdraw to their wallets either in Voise tokens or ETH.
From the homepage, users will be confronted with a familiar interface — one where they can directly access popular music, top downloads or find new music from a thematic search engine categorized by favorite artists or genres. They can also access Radio DAO to discover the latest top performers and get first-hand updates on Voise developments.
Music artists themselves can easily upload songs and albums at a price of their own choosing, while leveraging a rich profile section to gather new fans. The platform also supports free-of-cost models that allow artists to earn from donations instead.
Rapid developments on the Voise platform
Voise has recently updated its development roadmap in order to reflect new partnerships and soon-to-be available platform features including an artist verification system and search engine. Additionally, Voise also intends to create a South Korean music community to attract investment from what they see as an emerging market in the region.
Endorsements from Grammy-nominated Carolyn Malachi and DJ sensation Jinco, and partnerships with well-known companies such as MicroMoney and Coinomi, have provided the startup with additional credibility.
Furthermore, these developments seem to have resulted in bullish sentiment for its institutionalized VOISE tokens, as evidenced by its growing market capitalization on CoinMarketCap. VOISE tokens are recording steady trading volumes thanks to recent listings on cryptocurrency exchanges including Bit-z, CoinExchange and LiveCoin.
Visit the Voise Official website: https://voise.com