VOISE is a decentralized anonymous platform backed by blockchain with personalized tokens based on smart ethereum contract ecosystem for transactions
Introduction
Blockchain technology can do wonders to the current industry, and it has been demonstrated over and over again in various scenarios. VOISE is one such platform showcasing the potential impact the distributed ledger technology can have on the music industry. The whitepaper discusses about VOISE, its tokens and how the platform is going to solve the age-old industry problem when it comes to digital multimedia content distribution and consumption.
The VOISE Platform
Since the emerge of electronic recording and distribution systems, artists have started finding themselves shortchanged when it comes to remunerations and rewards. And the audience are spoilt with alternative choices to access the digital content, but most of these are either expensive, which has forced many to opt for illegal downloads while encouraging piracy in the process.
The high cost of digital content can be attributed to middlemen who take hefty commissions and end up benefiting from the expense of both artists and consumers. VOISE, through its innovative platform and the use of new-age technology is attempting to address the problem by cutting out middlemen and optimizing content management and delivery. The VOISE ecosystem, built using Ethereum protocol is a highly secure and transparent music and digital content distribution and streaming platform with one-of-a-kind model that shares 100% of sale proceeds with the artist – charging zero commission or processing fees. At the same time, the platform also ensures the benefits are passed on to the users in the form of reduced prices.
Many believe that blockchain platforms and cryptocurrencies are complex technological creations which are not easy to use. They believe that for someone to be able to understand the technology and use any such platform should have advanced technical skills. VOISE addresses these apprehensions by providing an easy to use interface and support for multiple cryptocurrencies as well as fiat to make it as good as any other conventional music streaming service out there in today’s market.
Technology
VOISE is an anonymous, decentralized, people-oriented music streaming and distribution platform. The platform is built over tried and tested Ethereum protocol and Inter-Planetary File System (IPFS). Transactions on the platform are mostly handled using its own VOISE tokens – an ERC20 based cryptocurrency which is now one of the most sought-after token creation standards.
Why blockchain?
It is a question which everyone will ask? And the answer is simple. Blockchain technology is the future of the economy and given the various advantages of cryptocurrencies and blockchain technology it is in the best interests to ensure that the industry keeps up with the rapidly changing technological landscape.
The choice of blockchain platform serves a variety of purposes. Starting with the possibility of increased automation with the help of smart contracts. The cryptocurrency blockchain also provides additional layer of security along with a certain degree of anonymity to the users on the platform. The immutable nature of distributed ledger technology ensures accurate record keeping while maintaining transparency and data integrity. The blockchain supported peer-topeer decentralized network is used to host all the content to further strengthen the security and privacy.
The implementation of blockchain technology comes with an associated cryptotoken – in this case it is the VOISE token which is used for all the transactions happening over the platform. By using cryptocurrency as mode of value exchange, the platform easily overcomes the geographical and technical barriers that prevents flawless use of fiat currency payment solutions across the world. Even though VOISE supports fiat currency payments, the multicryptocurrency payment support takes precedence over it. The support for cryptocurrencies like Bitcoin, Ether, VOISE and others enables users from any part of the world to sign up, purchase, download and listen to music on the platform.
Ethereum and the smart contract system
The VOISE ecosystem is built on Ethereum protocol – the most favored blockchain environment for building decentralized applications. The Smart Contracts are a revolutionary technological development that allows developers to create binding contracts that get executed when the predefined conditions are met. These smart contracts have paved the way for increased automation on blockchain platforms. The same is being used by VOISE as well to maintain a record of the artists and their listed albums, tracks etc. The smart contract is instrumental in ensuring proper allocation of revenues among the artists whose tracks were purchased by users.
In the case of bands, or tracks created by multiple artists, the VOISE smart contract ensures automatic distribution of revenue among all the band members (artists) as per the predefined percentages. For example, if an album by a three-member band is sold, the smart contract within the platform can divide and distribute the proceeds individually among all band members in whatever percentage is designated for each individual. Radio DAO, a prized feature of VOISE also implements a smart contract to rate the votes gained by each track based on the staking of each voter.
InterPlanetary File System
Until recently, all online content had to be stored on individual servers or a handful of predesignated servers on the cloud. The practice, even though practical and efficient, has its own drawbacks. The chances of data getting corrupted or even stolen by hackers and cybercriminals is high. The InterPlanetary File System (IPFS)[2] is a distributed cloud storage solution where the network users contribute their processing power as well as storage space on their hard drives for distribute data storage. The IPFS protocol ensures that the files that are stored on its cloud are split, encrypted and stored on the hard drives of participating computers on the network.
These files can be retrieved only with the help of the right key, ensuring that even if someone compromises one of the participating computers, all they can probably find is partial, heavily encrypted files that is of no use.
The music uploaded by artists on VOISE will be indexed by the smart contract as a hash, which is a permanent, immutable record on the underlying blockchain. The hash represents the ownership of the track. Records of track purchases by individual users will be tracked in a similar fashion, which makes sure that once a person buys a track or an album they can access it at any time without having to subscribe to any service by paying a monthly fee, like in the cases of many conventional music streaming or download platforms.
The very IPFS system also shields the content from being censored or illegally downloaded or accessed by governments or hackers. In the case of a discrepancy, the network will be alerted by a change in the root hash, triggering the platform to search for new nodes to maintain the integrity of records and hence safeguarding access to the files and the files themselves in the process.
APPLICATION FEATURES
We've included all the interesting and modern features in the app.
HOSTING INTEREST
The P2P network hosting feature used by VOISE protects the content from being removed or hacked.
FULL REVENUE
The art is priceless, and the artists are precious. VOISE makes sure they receive nearly 100% of the proceeds.
PAYMENT OF FRIENDS
Support multiple crypto currencies via VOISE token for direct and inexpensive payments.
OPEN FOR EVERYONE
Music knows no bounds. Anyone, anywhere from the world can explore, buy and stream music on VOISE.
HOW IT WORKS?
Artist uploads content
When artists upload an album to the VOISE platform the music is transmitted through our P2P Network.
Users sees relevant music
The platform recommends relevant content to that particular user.
Payments with VOISE
The user pays with VOISE and the transaction is visible to everyone on the blockchain.
Artists earn nearly 100% of revenue
The artists receives the transaction directly from the user without intermediaries or fees.
The VOISE function is similar to any music discovery platform. This platform facilitates exploring among artists, viewing the best songs and discovering new artists or new versions.
This platform revolves around the use of electronic money - such as Voisium Internal Token (VSM) - today. However, in the future, the platform plans to adopt fiduciary currency to promote global adoption.
In its current state, the VOISE platform acts as a stock exchange. You can use VOISE to transfer your money to speed up content purchases (with double the cost of gas). This requires the user to complete the transaction manually via the wallet.
VOIS Token (VSM)
The VOISE ecosystem revolves around the use of Voisium, or the VSM token. This token is used to purchase content through the platform.
This card is based on intelligent Ethereum contract technology and uses the ERC20 standard. Users are free to store tokens in their personal desktop wallet, any web wallet, or VOISE platform to speed up content purchases.
A total of 825,578 tokens are distributed through the VOISE crowd.
In the future, VOISE plans to differentiate itself from its competitors through the adoption of fiat currency. Receiving fiat currency on the platform opens VOISE to a wider user base.
The VOISE platform is built over Ethereum protocol and uses ERC20 capable native VOISE tokens for transactions on the platform. The Token specifications are as follows
Token Name: VOISE Token (VOISE)
Total Supply: 825,578,000 VOISE
Decimals: 8
Contract address: 0x83eEA00D838f92dEC4D1475697B9f4D3537b56E3
Supply Style: deflationary
Format: ERC20 Compliant
Tradable Between Users: Yes
VOISE tokens are already listed on some of the leading exchange platforms. The VOISE team is in the process of getting the tokens listed on more exchanges and soon it will be made available on every leading exchange and trading platform in the cryptocurrency market.
Advantages of the decentralized Voise platform
So, taking into account all the above information, you can understand that the Voise platform has a number of undeniable advantages:
- Removal of intermediaries between players and music listeners.
- Effective fight against piracy;
- Lifetime blocking of dishonest people trying to "combine" the path to the Internet.
- Assign unique labels to the tracks loaded by the artist.
- Determine the cost of the composition, taking into consideration its duration and popularity, as well as its player ratings.
- Availability of demo version of any song with free access.
- Acceptable download costs with upper and lower limits set by the system.
- Almost 100% revenue for musicians without intermediaries.
- Convenience and ease of use of the platform, both for musicians and music lovers.
- Payment terminals for token exchange for money and return (in the near future) .Solution and Opportunity
VOISE presents a decentralized app model that has been tested into the music industry. So the use of blockchain and smart contract in VOISE allows the platform to overcome all the challenges thrown at it.
The VOISE platform is designed to improve the music industry and the decentralized platform offers unprecedented levels of flexibility to key shareholders as a method of payment and the global nature of the platform due to the universal nature of the blockchain platform and cryptocurrency technology, and they can choose from a long list of genres and artists. In addition, VOISE also introduced Global DAO Radio where platform users can choose the best songs, and get to know new ones based on the voice of others, by utilizing decentralized hosting.
ROADMAP
Q1 2018
- - Forging new partnerships in the music and cryptocurrency industries
- - Adding more collaborators on the platform
- - Coinomi Multi-cryptocurrency wallet integration
- - Artist Verification System
- - Launch of VOISE Mobile Client
Q2 2018
- - Inclusion of customization option for users
- - Addition of Podcast section
- - DAO Radio launch
- - Advertising – Phase I
- - Inclusion of instant cryptocurrency exchanges
- - Release of Masternode VX-600K
Q3 2018
- - Implementation of fiat payment support
- - Fiat exchange fee distribution round for token holders
- - Public events and meetups
- - Advertising – Phase II
- - VOISE Explorer “4R-TIST” Launch
OUR TEAM
Conclusion VOISE
Apparently VOISE is not the first blockchain-based platform that promises to revolutionize the music industry. VOISE plans to beat its competitors by creating a platform where independent artists get 100% of the profits. It intercepts the middleman and sends the music through the P2P system. There is a DAO radio feature where users can pay to promote their favorite songs.
Finally, VOISE has ambitious goals. If successful, it can reverse the music industry on its head. The company crowd recently completed. The next step for VOISE is to release alpha and beta versions of its music platform. You can update on the online platform through VOISE.it.
PLEASE JOIN US, FOR MORE INFORMATION VISIT LINKS BELOW:
Website : http://www.voise.com/
Whitepaper : https://voise.com/whitepaper-voise.pdf
Twitter : https://twitter.com/voisecom
Reddit : https://www.reddit.com/r/voise/
Telegram : https://t.me/voisecom
by POLENG
ETH address: 0x81a9Abdc9662BD7a285Fb1DA5b03E5Fb5c7a6c9a
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