Hello this is is Josep, musician and engineer. Artists have challenges monetising their work where big labels take big comissions and they don’t know where their fans are. Therefore I created MusicMoon, a web3 platform that enables artists to retain rights and earn royalties through NFTs, while building a dedicated fan base using a DAO.
MusicMoon has been part of Polkadot Blockchain Academy 4 in Hong Kong with success graduation. I’m happy to introduce our project and getting any feedback from you will be much appreciated.
MusicMoon is an extension of LiveLoop, known as “The Looping Software for Live Music Performance.” It’s a web3 platform developed for artists and labels to maximize the value of their creative output. The platform integrates blockchain technology for music creation, distribution, and community engagement. The core of MusicMoon includes Non-Fungible Tokens (NFTs), utilizing the Unique Network Parachain for minting. This feature allows artists to monetize their work while retaining ownership rights. MusicMoon also encompasses two Decentralized Autonomous Organizations (DAOs). The first DAO, established on the Moonbeam Parachain, facilitates community engagement between artists, labels, and fans, ensuring easy access for those new to blockchain. The second DAO, developed by MusicMoon as a Polkadot Parachain, focuses on platform governance. It enables stakeholders, including musicians, labels, and investors, to influence the direction and decisions of MusicMoon, fostering a democratic governance environment. Additionally, the Initial Coin Offering (ICO) for MusicMoon Coin forms the financial backbone of the ecosystem, supporting transactions, premium feature access, and community governance. This ICO is central to establishing a self- sustaining economy within the MusicMoon ecosystem. Here’s a brief overview of its five key components:
LiveLoop Software (www.liveloop.live): This platform enables artists and labels to craft and perform music. It’s designed to be accessible to a broad user base, ranging from novices to experienced professionals, and offers versatile features for music creation.
NFT Marketplace (Unique Network Parachain): This marketplace on MusicMoon facilitates the minting, selling, and trading of music as NFTs on the Unique Network Parachain. It provides artists and labels new opportunities for monetizing their music and engaging with fans.
Community Engagement DAO (Moonbeam Integration): The DAO on the Moonbeam Parachain enhances artist- audience engagement. It features social login options to simplify blockchain interaction for all users, especially those new to this space, fostering a direct connection between artists, labels, and their fans.
Platform Governance DAO (Polkadot Parachain): This DAO, developed as a Polkadot Parachain by MusicMoon, offers a governance model for platform stakeholders. Musicians, labels, and investors can participate in decision- making processes, influencing the direction and policies of MusicMoon.
MusicMoon ICO (Polkadot Parachain): The Initial Coin Offering for MusicMoon Coin is vital for establishing the platform’s economy. It supports internal transactions, access to premium features, and participation in community governance, thus laying the financial foundation of MusicMoon’s ecosystem.
Josep Garces Background:
Josep Garcés, founder & CEO of MusicMoon, is at the forefront of merging music with blockchain technology. An accomplished musician and engineer, he initiated his entrepreneurial path with LiveLoop, software for live music performance. This experience paved the way for MusicMoon, his blockchain-based platform. MusicMoon revolutionizes the music industry by offering musicians and labels a decentralized space for creating, distributing, and monetizing music via NFTs. A key feature of MusicMoon is its DAO (Decentralized Autonomous Organization), which empowers users through community-led governance and decision-making. Under Josep’s leadership, MusicMoon has achieved significant milestones, including winning the first prize at the Polkadot Global Series hackathon in Seoul. His vision extends beyond a conventional music platform; he’s building a community that gives artists and labels more control and fair compensation. Josep’s passion for integrating technology with music is transforming the way artists create, share, and monetize their work.