VOISE is a blockchain powered anonymous decentralized platform with personalized token based on Ethereum's smart contract ecosystem for transactions. VOISE is an innovative cryptocurrency powered solution for the music industry that allows artists to monetize their work in a collaborative P2P marketplace. They can set a price for their works, provide free sample tracks and seek support from music enthusiasts and users on the platform.
How Voise Works
VOISE adopts a pretty straightforward process for artists and users to sell and buy music and other digital content easily. The artist, willing to sell music on VOISE uploads the digital file on the platform. Once uploaded, the track will be published in a peer to peer network, which is visible to the users. A user, browsing through the platform, or searching for a particular track can easily discover relevant music and even try it out before making a decision to purchase it.
Once a decision is made, user will pay for the track selection with VOISE tokens to complete the transaction. The transaction will be visible on the blockchain, thanks to its transparency. Following the confirmation of respective transaction on Ethereum blockchain, the artist will receive funds into their wallet. The artist will receive 100% of the transaction minus a small fraction, payable to Ethereum network as gas to fuel the transaction.
VOISE offers artist's complete freedom to set the price and provide sample audio clip to users. The sample clip can be of 30-second duration, with a provision to make the entire song available for free in return for donations.
VOISE will continue to introduce new ways of content monetization for the benefit of artists. At the same time, end users stand to benefit from lower prices as artists can afford to let go of the commissions and third-party fees which they would have otherwise incurred over conventional distribution channels.