It is a well-established fact that about 40% of the revenues from music sales are charged as a commission by distribution channels, leaving the artists with meager earnings. Only another alternative for the artists is to sell their music themselves over existing platforms with limited results.
By introducing the decentralized, smart contract based platform, VOISE reduces the dependency on third parties, offers musicians the freedom to choose how they wish to sell their work and reach out to their fans. In addition, VOISE promises to share 100% of the revenue from sales with the artists, which is unheard of in traditional setups until now.
For users, VOISE presents an all-too-familiar interface, just like various music sharing platforms they have used before. The experience is further enhanced by enabling both fiat and cryptocurrency transactions, which not only encourages people to readily purchase what they like using their choice of payment method but also sensitizes them to the use of cryptocurrencies.
Music is just the beginning! VOISE will soon expand the service to include e-books and other digital content, all available for purchase with VOISE Tokens and other payment methods.