Hi Everyone ! Welcome to a Live demo of Emanate, a blockchain-ready music technology platform.
Please request to play a song or see Demo working via Chat ( If not playing ) or visit the demo link below to try for yourself
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ThE PiTcH xD
Emanate is building a blockchain-ready music technology platform with artists, creativity and collaboration at the very centre; aligning incentives for all ecosystem participants to drive transformational change for the music industry.
I’d like to pull a couple of key things from this statement. Firstly, we say ‘blockchain-ready’ because we’re realistic about where this technology currently sits. There are no blockchain platforms completely ready to process millions of micro-transactions a second and none that can do so with a low-enough fee structure to support a platform designed to streamline the financial side of an industry.
Our ‘blockchain readiness’ means that we will progress our business development regarding creating a user experience, hosting great music and connecting with the industry in parallel to the technology development. Creating a truly decentralised ecosystem and keeping as much functionality on-chain as possible is, the goal, but it cannot come at the expense of business development or user experience.
The second key point is in ‘transformational change’. Emanate is not seeking to cut out the middle man or radically disrupt the music industry, the music industry has been very good to some of our team members, and we know that while parts of it need to be streamlined for the future, every player has a role.
Where we fit in
We want Emanate to be the first place artists upload their works in progress for feedback or collaboration, and as the first place they share their completed works for monetisation and to secure their rights over that piece of music.
Where else do we fit? There are some great music projects building on fee-based blockchains NEO and Ethereum so from a technical point of view; Emanate is different in that we’re building on EOS; a DPoS platform which is designed for fee-less transactions and high throughput from day one. Larimer has built two of the most usable and well-used blockchains ever, so his track record is sound.We’re excited about the potential of EOS to deliver scalable business-to-customer application such as Emanate.
Evolution over revolution
This is possibly the biggest point of difference with Emanate regarding our approach. We recognise that it is not realistic for a new blockchain startup to disrupt industry giants, nor do we think it is necessary or desirable. Emanate will have a place for artists, labels, managers, curators, DJs and more. It will function as an alternate music ecosystem that can co-exist within and besides the current industry. Over time, we believe it will demonstrate a better way for music to be created, shared and monetised.
From the bedroom to the big time
The immediate gap that Emanate will fill is a bridge for the amateur music makers to cross and become an established professional. Due to the inability of platforms such as Soundcloud to monetise artists work successfully, there is a gap and DSound demonstrates how well that gap could be filled by a micropayments streaming platform. But as you will read in our white paper, DSound has some inherent limitations that prevent it from being a commercial grade platform. Emanate will let artists earn revenue on their creative output from day one meaning they can start to support their passion and make their way towards being a full-time musician.
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