Music Industry

This music streaming platform wants to capture every sound in the world

Yes, every sound. Not just music. Everything.

GRAFSOUND is a music and (this is important) audio streaming platform is working to create this repository of sound to create (via Yahoo Finance) “a fair music market free from copyright infringements and a source of revenue for artists, singers and musicians to sell their content transparently and directly without intermediaries.”

Based on blockchain technology, Yahoo reports:

GRAFSOUND will allow anyone to create, share and distribute their musical creation worldwide. With GRAFSOUND, the use of smart contracts takes care of registration and trade. The GRAF token (GSMT) is the platform currency that will offer a direct and rapid payment system that is also transparent. This will resolve the current issue of decrease in artist profits, unequable contracts between creators and distributors or telecoms. By removing the intermediaries, the platform will thus remove opaque deals and loss of revenue.

Users and artists can use GRAFSOUND to freely upload their owned music and all the creative and original sounds and share them with other users and generate income. They can sell their music or creations to individuals or companies. The platform offers membership registration as a Guest or Host.

More detail here.

Alan Cross

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker. In his 40+ years in the music business, Alan has interviewed the biggest names in rock, from David Bowie and U2 to Pearl Jam and the Foo Fighters. He’s also known as a musicologist and documentarian through programs like The Ongoing History of New Music.

Alan Cross has 37451 posts and counting. See all posts by Alan Cross

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.