【STAGE】Blockchain-based platform dedicated to music / Facilitates monetization for artists / Raised $2.4M and close to TGE / @stage_community

Music-related use cases may have the potential to spread to the masses.

Good morning.
This is mitsui from web3researcher.

Today I researched "STAGE".

🟣What is STAGE?
💰Raising $2.4 million and nearing TGE
💬The potential of music to reach the masses

🟣What is STAGE?

STAGE" is a new platform dedicated to music that utilizes blockchain. It reestablishes the relationship between artists and fans, and establishes a system for mutual monetization.

The mechanism is simple. The following three steps are performed within the platform

1. Artists submit short video performances for round-based contests

2. Fans pay a fee to vote for artists and earn stage badges with special prizes

3. Earned 60% of money spent on voting

Artists upload their own work (short videos) to the contest, and fans vote for them. Fans pay money when they vote, but in return they earn a "stage badge" (NFT), which is exclusive to the artist they vote for.

Fans can own this "stage badge" to access the artist's digital community and gain access to a variety of benefits. For example, behind-the-scenes content, exclusive merchandise and early bird tickets, access to exclusive stores, and more.

https://cointelegraph.com/press-releases/stage-raises-24m-to-revolutionize-the-future-of-music

Since it has just been released, this is the only functionality available, but it is expected to grow as a place for artists to expand their visibility and strengthen interaction with fans and monetize their work, and for fans to interact more intimately with artists.