Mark Mason
Well-known member
Feedbands Enables Greater Exposure for Unsigned Artists by Using Dash
Feedbands is an online music streaming and subscription service that is enabling unsigned artists to distribute and sell their songs and merchandise for Dash, in addition to fiat.
The internet age has brought a mixed bag for independent artists and bands since they are now able to get wider exposure, but also get smaller revenue splits because of digital and streaming services. However, Feedbands is attempting to change that scenario with cryptocurrency and two major revenue structures. First, Feedbands allows artists to upload their music and merchandise onto their website, which can then be bought by listeners with Dash. Since the use of Dash eliminates the need for payment processors, artists and bands can keep up to 99.99% of the revenue. Second, Feedbands offers a subscription service, in fiat, where users pay a monthly fee to vote on their favorite artists/bands. Then at the end of each month, Feedbands sends subscribers, depending on their subscription level, either a vinyl, a t-shirt, or a digital album of the artist/band that got the most amount of votes that month.
The voting enables subscribers to be apart of the curation service that results in the product that they eventually receive, while still discovering new artists/bands. Voting is also continuous and not a strict competition. On their website, Feedbands specifies that they do not pit bands against each other because “sometimes, we go back and offer to press artists who submitted their music a year ago, just because it finally got enough votes to get pressed.” In addition, Feedbands gets the debut album release, but the copyright control remains with the artists/bands.
Read more: https://www.dashforcenews.com/feedbands-enables-greater-exposure-for-unsigned-artists-by-using-dash/
Feedbands is an online music streaming and subscription service that is enabling unsigned artists to distribute and sell their songs and merchandise for Dash, in addition to fiat.
The internet age has brought a mixed bag for independent artists and bands since they are now able to get wider exposure, but also get smaller revenue splits because of digital and streaming services. However, Feedbands is attempting to change that scenario with cryptocurrency and two major revenue structures. First, Feedbands allows artists to upload their music and merchandise onto their website, which can then be bought by listeners with Dash. Since the use of Dash eliminates the need for payment processors, artists and bands can keep up to 99.99% of the revenue. Second, Feedbands offers a subscription service, in fiat, where users pay a monthly fee to vote on their favorite artists/bands. Then at the end of each month, Feedbands sends subscribers, depending on their subscription level, either a vinyl, a t-shirt, or a digital album of the artist/band that got the most amount of votes that month.
The voting enables subscribers to be apart of the curation service that results in the product that they eventually receive, while still discovering new artists/bands. Voting is also continuous and not a strict competition. On their website, Feedbands specifies that they do not pit bands against each other because “sometimes, we go back and offer to press artists who submitted their music a year ago, just because it finally got enough votes to get pressed.” In addition, Feedbands gets the debut album release, but the copyright control remains with the artists/bands.
Read more: https://www.dashforcenews.com/feedbands-enables-greater-exposure-for-unsigned-artists-by-using-dash/