ICO REVIEW: Soundeon

Soundeon - Decentralized and Vertically Integrated Blockchain Music Platform.

Website Telegram

ABOUT SOUNDEON
Based on the leading market of this audio industry,”Will Page”, The entire world’s music copyright will receive earnings of $24.4 billion by 2015, that is $10 billion more than the usually quoted IFPI amounts, which largely exclude income out of book and songs. Additionally, direct tickets at 2017 accounted to $32.0 billion in chief earnings and $ 9.8 billion in resale. Both segments of tickets grew with a 5-year CAGR of 14 and 19 percent with respect. In general, recordings of music and tickets represent market chances of 66.2 billion dollars. The USA.

Soundeon helps artists recover control of the work, monetize their talents. Since the music industry is trying hard to solve problems associated with digital rights management to music and in real-time, Soundeon can be a more step-by-step approach to use.

Block technologies, such as independent contracts and Advanced calculating technologies, allow Soundeon to produce a functional, stable, secure and flexible ecosystem for solving practical problems in digital tickets and media. This stage covers all parts of the audio market. From inventions and copyrights to re-sale existing and future contracts for music resources, concert organizations and ticket deals.

Soundeon uses a multidisciplinary strategy to remove wasteful And old marketplace techniques which adversely affect fans and musicians.

MISSION AND VISION OF SOUNDEON PLATFORM
View Exemplary talents and allow creators to gain more management for Their work. The execution of this Soundeon assignment was permitted in relation to the development of a brand new copyright management solution based on contracts that are smart, which ensure fairness, transparency and invariance of most operations performed and provides an opportunity for closer communication between artists and fans.

Assessing the entire adventure of the music sector into a whole Cycle option that provides transparency and innovates into the music industry. Production of an ecosystem by which success is based upon the efforts and talent of this creator, at which every celebrity may fully concentrate on creativity.

Solutions and issues

The audio industry is hard to navigate, which makes it inaccessible To most musicians. They should find fame from music producers, directors, record labels, and concert promoters who merely partially answer the needs of their artist.

The old ways of dropping their taste in a shifting world, as well as the audio Industry, demand new solutions also. The kind that can guarantee equal chance for all.

Soundeon – a decentralized and downhill integrated music stage That covers all facets of the audio market. From creations and copyrights works to market contracts of both existing and future music assets, to both concert organizations and ticket sales.

Progress in Block Chain computing empowers us to build up Creative Smart Contracts (CSC) ™, an independent media self-execution rights agreement that’s the backbone of each platform. Data

breadth, conservation, and agility from the effortless use of CSC ™ essentially enrich equity, trust, and transparency, which the media industry does not have.

FEATURES OF SOUNDEON PLATFORM
SOUNDEON TIX
This really can be a Block Chain based ticketing solution That’s optimized for The lovers and is inserted on the Soundeon environment. Necessary measures such as lively QR Creative and codes Smart Contracts are taken to avoid ticket fraud and loopholes. Soundeon Tix was intended to enable organizers to require complete control of ticket resells on the primary and secondary sector.

SOUNDEON MONITOR
This is all about the information. It Has royalty data aggregation type Soundeon and other third-party providers. There’s also an integrated data analytics which displays all aspect of creative input by the artist, including as royalty group, copyright, ticket sales.

Therefore, fans will be able to track and analyze the royalty Accumulation of the audio portfolio. This true information will be able for them to get informed decisions when purchasing other musical assets.

SOUNDEON PLAYER
This can be a music player that is determined by Block Chain technology to get a Transparent royalty distribution. Artists that are employing the Soundeon Monitor will have the choice of distributing their job via this music player.

The participant is expected to accumulate data, which can be input onto a Validated de-centralized registry, to the number of times a track is played. Consequently, Soundeon associates are predicted to receive a fair royalty supply and highly accurate listener analytics.

SOUNDEON EXCHANGE
This really can be a tokenization tool and a decentralized exchange of Intellectual property. This is where users are supposed to sell or purchase their own royalty income. So, song writers, tight and artists owners which use the Soundeon Monitor to register their own creations are going to be able to sell part or potential earnings of these work.

This makes it feasible for independent musicians to contend with the Big tags. Also, it gives music fans the ability to generate a diversified personal music portfolio.

SALES TOKEN
The software for symbolic sales is $ 3 million, and our hard volume is $ 7 million. This means that if this minimum threshold is not reached, the funds will be returned to depositors. In addition, if the commercialization phase of the project is not achieved, the road map needs to be adjusted. According to white paper, this should ensure the durability of the platform and the current-resistance.

Inactive tokens will be blocked for one year. This will be done to ensure the commitment of the Soundeon team to the longevity of the media. After this lockout period, the tokens will be used for the global marketing campaign of Soundeon.

Token details

Ethereum Основано: ERC20

Total chips: 1.0 Bilion (without creating tokens)

The current is not sold: it will be burnt

Exchange rate: 0.056923 USD

Softcap: 52.7 million tokens

Hardcap: 650 million pieces

Useful token

Bootstrap network effects

Solemn works

Common IP properties

Prepayment platform

Guarantee of fair play

CURRENT DISTRIBUTION
According to white paper, 65% of the chips sold at the event will be used for the development and operation of the product. It will also be used to expand global marketing. The founders of the project should have a 14 percent token.

The project's visionaries, those who authorize this activity, should receive 4% of the tokens. However, on the contrary, it will happen in 12 months. Six percent of the chips will be conducted by ambassadors and advisers. These are people who help the team in the industry expertise.

Bonus to the pool should receive a token of 3%, and 2% of the other - in the reserve fund. According to white paper, the remaining 6% will be used for philanthropic programs. It will be used in promoting art in disadvantaged communities.