soundeon
Indication
Blockchain system and entertainment companies are the currently top notched industries reigning international and global populations but both these platforms were never brought together as a sole podium until now. Soundeon is a virtual monetary based system assimilating musical and digital multimedia industry. Soundeon is proprietary Ehtereum based protocol system to afford secure, easy and swift methodology for transactions, exchanges, ticketing and pellucidity of enjoying true music and entertainment productiveness. People do enjoy the music and artistes offline, people avail chances to go on shows, hear their favorite singers and music bands and enjoy the true and face to face amusement gained. Soundeon introduces a new platform to buy vouchers to avoid scalping, fraud and duplicating of the original vouchers for music fiestas.
Briefing
Soundeon is the global podium that steps in multimedia industry, benefiting both the artists as well as the handlers. Soundeon focuses on introducing new flairs and endow creators to manage their platforms through virtual monetary platform to avail copyrights, online ticket retailing and abolish the barrier among fan and artistes relationship disparity. Bringing immense entertaining aspect in music industry to be availed globally and to exclude the overwhelming processes integrated in between the true joy and entertainment gained. Soundeon allows easy process for tickets buying and selling online through crypto monetary based system. Licensing the art works was never this easy and apparent before. Soundeon does not stick to the music industry only but will also include exchange, transactions and buying of music coins. Scalping and Fraud was very commonly practiced crimes while purchasing tickets for fiestas and included over whelming processes, Soundeon eliminates the scam, scalping and theft of tickets by providing secure QR encryptions to the real owner directly after purchase and also introduces direct trading relation between an artist and fans.
Benefits
Recently music industry is facing huge decline due to the expensive and over whelming processes of producing music and bringing new artistes, in short the big industries monopolizing the music industry failed paying artists and fans much of entertainment and beneficiary. In recent when artists had to go through licensing process would only cover legality issues and selling tickets to audience and fans was a difficult and expensive process due to the involvement of wealthy industries buying the propriety of music license. An artist and a fan should not go through overwhelming and overly expensed processes to enjoy the freedom of entertainment. Hence, Soundeon is a revolution in this industry by providing chance to directly payment of tickets amid artist and enthusiasts, a transparent transaction method eliminating the charges of middlemen in industry.
Necessity
Soundeon is one and only industry breaking the monopolized factor in music industries and competing pretty famous companies in the marketplace by assimilating virtual monetary technology with the multimedia industry to provide pellucidity, security and freedom to enjoy true music directly without over going the whelming procedures. This platform will withstand direct and strong relationship among musicians and admirers, by developing direct trading tickets, easy and beneficiary licensing processes and eliminating the chances to be fraud, scalping tickets and third party involvement.
Soundeon helps artists regain control of their work, monetize their talents. Because the music industry is struggling to solve issues related to digital rights management for music and in real time, Soundeon is a step-by-step approach to use.
Block technologies, such as self-run independent contracts and unchanging computing technologies, enable Soundeon to create a functional, stable, secure, and adaptive environment to solve practical problems in digital media and tickets. This platform covers all aspects of the music industry. From the creations and copyrights of the re-sale of existing and future music asset contracts, concert organizations and ticket sales.
According to the leading economy in the music industry Will Page, global music copyrights generate $ 24.4 billion in revenue by 2015, it is $ 10 billion more than IFPI's frequently quoted numbers that largely exclude publishing and song revenues. In addition, direct tickets in 2017 earned $ 32.0 billion in primary sales and $ 9.8 billion in resale. Both ticket segments grew at a 5 year CAGR of 14 and 19 percent with respect. Overall, music and ticket recordings represent market opportunities of $ 66.2 billion.
THIS SOLUTION COMES FROM A LONG TIME
It is projected that this market will maintain steady growth over the next five years. Despite the growing opportunities, musicians only see a fraction of the revenue. Inherited market practices combined with narrower margins make the lack of legal protection for artists in the digital age.
In addition, the music industry is hard to navigate, which makes it inaccessible to most musicians. At the same time, they should seek recognition from music producers, managers, record labels, and concert promoters who only partially answer the needs of the artists.
Resale tickets (ticket sales at very high prices) are another common problem in the music industry. It damages both the fans and the locals, but the artist ends up receiving the biggest financial blow that definitely endangers his environment.
All the important information can be found here:
White paper: https://soundeon.com/Soundeon_WP.pdf
telegram : https://t.me/soundeon
twitter : https://twitter.com/soundeoncom
facebook: https://web.facebook.com/soundeon
author : Yoloyolo
my profile : https://bitcointalk.org/index.php?action=profile;u=1832746
ETH : 0xEA8f7425f79f182EFDE78D287baa0629FA5AD429
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