Re: [ANN][ICO] ⚡ SOUNDEON ⚡ First Vertically Integrated Blockchain Music Platform

Hello Soundeon! Can you tell me, what is it Creative Smart Contract?

Hello Bigfish_crypto! Creative Smart Contract environment provides innovative systems and methods for intellectual property ownership rights management, funding and ticketing on the blockchain and peer-to-peer. Artists have full control of their creative output from the very inception to the copyright, distribution, royalty collection and distribution of the intellectual property works as well as event ticketing. Embedded automation reduces transaction frictions and operational costs for intellectual property management.

Thank you for the answer. And do you plan to do partnership with record labels because self-releasing artist market is only few % if we are talking about global market sales? As I know labels ask to give them over 50% share of all revenues. Will you also pay them so much?

We have already established a number of partnerships, including with Fondamenta Music, an independent Paris-based label focused on hi-fi, we will be announcing more of such partnerships in the future. Soundeon is not only focused on self-releasing artists but also independent and fully independent artist market, this accounts for a substantially larger part of recorded music market (over 25%). Our financial model allows for up to 98% of revenues to go to artists through our collaboration with leading independent musician bodies.