Dealing with “the suits” is a common complaint not just among artists but, well, anyone who’s not a suit – some corporate drone, usually from marketing or even legal (worst of all), just applying policy, the “just doing my job” types mindlessly perpetuating all that’s wrong with the world.
Well, the miracle of the blockchain has been changing how the world works, cutting out the suits from ever more sectors of an industry and thereby transforming whole industries – and music’s no exception.
SOUNDAC capably handles the biggest concern of artists – payment – by using its own blockchain implementation to provide total transparency and security, instantly. This means that artists don’t simply have to take the suits’ word for it anymore that their meager quarterly (if they’re lucky!) royalty checks are all fair and accurate; instead, every playback is listed and paid accurately and quickly, with no need to pay a middleman to tally things up and, to be honest, messthem up (in all likelihood!).
The Universal Database of Good Vibes
With SOUNDAC, artists are sure to be compensated just as they deserve, rendering piracy obsolete due to the incentives to play ball inherent within this blockchain ecosystem. SOUNDAC aims to create a universal database of music, in effect, so that creators are fairly paid, fans can find them and listen hassle-free, with everything absolutely transparent and instantaneous.
A blockchain is essentially a database, only “distributed” in the same sense that the internet is distributed, without residing on any one computer just as the internet doesn’t reside on any one server or even group of servers. And it is also “public” in the same sense: no one has any more access than anyone else, with everything subject to review by anyone. All this ensures total visibility in tracking, from playback to payment, and prevents piracy by preempting its very possibility
SOUNDAC serves all the world’s artists in all the ways that can free them to find their fans.
Changing the World, One Tune at a Time
SOUNDAC offers the freedom from old-fashioned contracts and opaque tracking and reporting mechanisms to the freedom to simply create and easily share those creations with literally the world. It wants to teach the world to sing in perfect harmony, its blockchain providing the platform by which great experiences are had by all. There’s even something in it for the suits – for example, provisions for smart contracts include bifurcation and license queries.
Fair payments. Fast liquidity. Transparent tracking. And one helluva party. That’s the SOUNDAC protocol and its fully tradable XSD token: uniting artists with their suits!
Like what you read? Give us one like or share it to your friends