SOUNDEON – Blockchain Music Platform

Hello to all and welcome to my review. For those of you who don't know me yet, let me introduce myself. My name is Funke and I'm an experienced writer who enjoys what he does very much. I'm here to give you all the information you might need or want about the newest Blockchain Music Platform that is definitely worth your time and therefore, mine, too. I plan to make them “easy read, to the point” because what's important to me is that we all comprehend and absorb the information and actually want to be here learning together about something new.

Today, let us all learn and experience together all about SOUNDEON. If you don't know anything about them, don't run away, that's why I'm here, to change that within the next few minutes. Before I begin, I just want to quickly mention that I will be including LINKS so that YOU can do your own research or whatever you feel you need. I feel it's best to have all of the information in one place, in an organised manner, rather than dotted about the page making what you want hard to find or confusing. All these links will be put at the BOTTOM of this page to keep things easy.

OVERVIEW
Soundeon is a decentralized and vertically integrated blockchain music platform, has made the leap and is launching its alpha version – the Music Token Sale layer along with “Talent Unleashed” contest. As proof of concept, Soundeon kicked off the launch with the “Talent Unleashed” contest that will encourage artists to hold their own Music Token Sale™ campaigns by reaching out to their fans and new audiences alike. Soundeon is a Blockchain platform that proposes a solution that’ll invigorate the basic business with fairness, trust, transparency, and more importantly, independence. Users will be able to unleash the value potential of merging recorded music and ticketing into a great experience for the fans.
A blockchain is a digital ledger that keeps track of information about a transaction associating multiple parties. The ledger is decentralized and immutable. No one member can see all the information in the chain, nor they can change or delete data in the ledger. Blockchains setup a permanent and secure audit trail of all events, making it safer for participants to use the internet to conduct business.

The achievements of blockchain technology allowed Soundeon platform to create CreativeSmartContract (CSC) ™ -a copyright agreement, which is the basis of the platform. Information symmetry, the immutability and flexibility of CSC ™ increase the fairness, transparency, credibility and ease of its application, which are not present in the industry at present.

I am going to get straight to the point of who they are since this is such an important factor, as I like to put it, “The Brains behind SOUNDEON”. If the team behind the product or service in question haven't the resources or knowledge, then we know the product or service delivered will possibly not have the quality it should have. We need to know two very important things when we look at a new starting up company:

Who are the people/team behind this?

What experience and knowledge do they possess?

Okay, so, because I've already done all the research needed beforehand and thoroughly SOUNDEON I can very happily confirm that this company has a fabulous team onboard. Here they are:

This sort of quality is inspiring. They have made sure to supply us with all the information we could possibly need, on them personally as a team, aswell as them as a company. They are acting transparently and therefore receiving the trust they deserve from investors and potential users, like you and I.

On their website, https://soundeon.com/en/ you can visit the “Team” section and simply by clicking on each team member's image or name you will be redirected to their professional profiles. Here you may consult and analyse each individual's expertise as much as you like. It's all been put there for us to see that they have what it takes to acheive their goals with ease. I might aswell add that they have experience as traders themselves, making this a “Trader for trader” experience and ultimately inspiring more confidence in all of us.

FEATURES OF SOUNDEON PLATFORM

SOUNDEON TIX

This is a Blockchain based ticketing solution that is optimized for the fans and is embedded on the Soundeon environment. Necessary measures such as dynamic QR codes and Creative Smart Contracts have been taken to prevent ticket scalping and fraud. Soundeon Tix was created to enable organizers take complete control of ticket resells on the primary and secondary market.

SOUNDEON MONITOR

This is all about the data. It includes royalty data aggregation form Soundeon and other third party providers. There is also an integrated data analytics that displays all aspect of creative input by the artist, such as royalty collection, copyright, ticket sales.

As such, fans will be able to track and analyse the royalty accumulation of their music portfolio. This accurate information will make it possible for them to make informed decisions when purchasing other musical assets.

SOUNDEON PLAYER

This is a music player that depends on Blockchain technology for a transparent royalty distribution. Artists that are using the Soundeon Monitor will have the option of distributing their work via this music player.

The player is expected to collect data, which is entered onto a validated decentralized registry, on the number of times a track is played. Consequently, Soundeon members are expected to receive a fair royalty distribution and a highly accurate listener analytics.

SOUNDEON EXCHANGE

This is a tokenization tool and a decentralized exchange of intellectual property. This is where users are supposed to purchase or sell their royalty income. So, songwriters, artists and tight owners that use the Soundeon Monitor to register their creations will be able to sell part or all future earnings of their work.

This makes it possible for independent artists to compete with the big labels. Also, it offers music fans the opportunity to create a diversified personal music royalty portfolio.

MISSION AND VISION OF SOUNDEON PLATFORM

View exceptional talents and allow creators to gain more control for their work. The implementation of the Soundeon mission was made possible in connection with the development of a new copyright management solution based on smart contracts, which ensures fairness, transparency and invariance of all operations performed and provides an opportunity for closer communication between artists and fans.

Combining the entire experience of the music industry into a complete cycle solution that provides transparency and innovates into the music industry. Creation of an ecosystem in which success depends on the efforts and talent of the creator, in which every artist can fully focus on creativity.

Soundeon proclaims the principle of equal opportunities for all, regardless of race, religion or family background. Our social responsibility is to promote art within communities that lack favorable development conditions. Soundeon distributes 10% of its income for charitable purposes.

Through the native implementation of technology – CSC, creative smart contracts (CreativeSmartContract) – the Soundeon protocol resolves the previously presented problems by developing the following levels of the original application:

TOKEN AND ICO DETAILS

This is a utility token that was designed to align economic incentives among users of the platform. Soundeon token is expected to be used as an incentive and reward for early adopters who contribute value to the platform through network effects.

Some uses of Soundeon token include;

• As a utiliity prepayment mechanism for services rendered on Soundeon

• Ensures a frictionless nature of tokenization

• It makes micropayment possible with low transaction cost

• Provides value to the listener

• Functions as liquidity facilitation mechanism for the artist

Please note that other form of payment will be accepted on the Soundeon environment. This include all major cryptocurrency and fiat currency.

The soft cap for the token sale is $3 million, while the hard cap us $7 million. This implies that, if this minimum cap is not reached, the funds will be returned to the contributors. Also, if the marketing phase of this project is not reached, the roadmap is expected to adjust. According to the whitepaper, this is to ensure platform longevity and tokenomic sustainability.

Any unsold token will be locked for a year. This measure will be taken to ensure the commitment of the Soundeon team towards the longevity of the media environment. After this lockdown period, the token will be used for the Soundeon global marketing campaign.

Token distribution:

65% of the tokens will be used for product development.

14% of the tokens will be given to the founders of the project.

4% of the tokens will be given to early supporters.

6% of the tokens will be given to councillors.

3% will be intended for the pool bounty.

2% reserve Fund.

6% of the tokens will be allocated to charitable programs.

ROADMAP

Soundeon is a Blockchain platform that proposes a solution that’ll invigorate the basic business with fairness, trust, transparency, and more importantly, independence. Users will be able to unleash the value potential of merging recorded music and ticketing into a great experience for the fans.

I hope you have enjoyed today's review and my company along the way. Thanks for taking the time and will hopefully see you all in the next one.

Website: https://soundeon.com/en/

Whitepaper: https://soundeon.com/Soundeon_WP.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=3377820.0

Twitter: https://twitter.com/soundeoncom

Telegram: https://t.me/soundeon

Facebook : https://goo.gl/dwBqxr