Soundeon Leverages Blockchain to Eradicate Malpractices in Royalty Collection and Ticketing
Summary
Archaic market practices combined with slimmer margins in the digital age compound on the lack of adequate legal protection of artists.It harms fans and venues alike, but it is the artist who ultimately takes the biggest financial hit that inevitably puts his or her livelihood at risk.Old ways lose their savoriness in the ever-changing world and the music industry requires new solutions, too; the kind that could guarantee fair play and equal opportunity for all.● Soundeon encourages and seeks to cultivate a more intimate relationship between artists and fans by providing timely solutions to the shortcomings seen in today’s music industry.Soundeon Monitor combines data aggregation and deep analytics, making it possible for artists and pledged fans to easily track all royalty streams and other revenues, including ticketing income.