Decentralized Music Streaming smart contract using ERC20 token
- There is little transparency around the origins of artist payouts (e.g. number of plays, location, original gross payment before fees).
- There are layers of middlemen and significant time delay involved in payments to artists.
- Peer-to-peer and instant monetization.
- Blockchain technology could solve the issue of identifying a real copyright holder and ease the challenge of tracking derivative works (metadata) through the blockchain.
- Direct relationship between creators/ indie artist and fans.
- Users / fans can pay directly to the indie artists (who receive almost 100% of the revenue, 90% to the artist 10% to the developer) without interference with third party to get full access of their music. but also free access feature is still used to get music teaser from the artist but random like spotify did.
- When songs get reviewed by users/customers. The user will get benefit cashback discount (for example: 10%) for next purchase to the same artist limited to one review per song.
