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MusicMoon #167

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MusicMoon1 opened this issue Jun 25, 2024 · 0 comments
Open

MusicMoon #167

MusicMoon1 opened this issue Jun 25, 2024 · 0 comments
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MusicMoon1 commented Jun 25, 2024

MusicMoon Empowering Artists:
“An AI-powered music creation & Web3 platform that integrates music and instrument NFTs with a DAO to create a supportive ecosystem where artists can create, retain rights, earn royalties, and connect with fans.”

White Paper: https://bit.ly/3Ojbldm
Pitch Deck: https://bit.ly/4aGlfj4
Video Demo: https://youtu.be/oes-qEFA8ZI

MusicMoon is an“AI-powered music creation & Web3 platform that integrates music and instrument NFTs with a DAO to create a supportive ecosystem where artists can create, retain rights, earn royalties, and connect with fans.” The platform integrates LiveLoop "The Looping Software for Live Music Performance", and it's new AI feature which enhances live performances with real-time AI variations. MusicMoon features a Community Engagement DAO for artist-audience interaction, a Platform Governance DAO for stakeholder decision-making, and an NFT marketplace for minting and trading music NFTs. The MusicMoon ICO establishes the platform's economy, supporting transactions and community governance. MusicMoon is also being developed on multiple other blockchains, and the token will interconnect all MusicMoon platforms across different blockchains, ensuring seamless integration and functionality throughout the entire ecosystem.(http://www.musicmoon.io/)

Key Components

  1. LiveLoop Music Software (www.LiveLoop.live) LiveLoop enables artists and labels to compose 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. LiveLoop AI enhances live looping by using AI to create real-time variations on recorded loops, allowing artists to improvise while the AI enriches the composition & performance. This feature ensures engaging, innovative creations & performances, providing flexibility and creativity. Seamlessly integrated with LiveLoop, it offers a user-friendly experience that elevates the quality of the compositions and spontaneity of live music.](http://www.musicmoon.io/)

  2. NFT Marketplace: This marketplace on MusicMoon facilitates the minting, selling, and trading of music as NFTs on the most popular chains, providing artists and labels new opportunities for monetizing their music and engaging with fans. Each transaction incurs a π% (3.141592%) commission, ensuring continuous revenue for the platform and the artists.](http://www.musicmoon.io/)

  3. Instrument Tokenization: This feature allows musicians to tokenize their instruments as NFTs, securing ownership and opening new avenues for investment, trading, and even fractional ownership.](http://www.musicmoon.io/)

  4. Community Engagement DAO: This DAO enhances artist-audience engagement, allowing musicians to control and engage with their audience, and facilitates the development of artists through various monetizing options.](http://www.musicmoon.io/)

  5. Platform Governance DAO: This DAO offers a governance model for platform stakeholders, enabling musicians, labels, and investors to participate in decision-making processes, influencing the platform's direction and policies.

  6. MusicMoon ICO (MMT): The Initial Coin Offering for MusicMoon Token supports internal transactions, access to premium features, and participation in community governance, thus laying the financial foundation of MusicMoon's ecosystem. This interconnected approach enhances the overall utility and value of the MusicMoon token, fostering a unified and robust music community across various blockchain networks.

Problem Solution:
Creating music is often challenging due to a lack of ideas and proper tools. MusicMoon addresses this by leveraging LiveLoop AI to enhance music creation through real-time AI-generated variations. It empowers artists to retain ownership by minting music as NFTs, ensuring control and fair compensation, bypassing traditional labels. The platform democratizes funding, offering unique visibility in a saturated market and providing alternative income streams beyond live performances. It simplifies rights management and fosters direct artist-fan connections through its Community Engagement DAO. Additionally, MusicMoon tokenizes musical instruments, ensuring authenticity and enabling investment, trading, and fractional ownership, thereby transforming the instrument market.

Detailed product / network improvement description:
MusicMoon leverages AI and blockchain technology to revolutionize music creation and distribution. LiveLoop AI enhances real-time music composition, allowing artists to improvise while AI enriches their work. The platform enables artists to mint their music and instruments as NFTs, ensuring ownership and opening new revenue streams. MusicMoon’s NFT marketplace supports direct sales, rentals, and auctions, providing fair compensation beyond traditional streaming services. With integrated DAOs, MusicMoon fosters community engagement and governance, ensuring transparent royalty distribution and authenticating musical instruments for investment and trading, creating a robust and transparent ecosystem.

Go-to-market and commercialization plan:
NFT Marketplace Revenue:

  • NFT Minting Fees: A commission of π% (3.141592%) of the NFT value is charged on each minting transaction. Artists pay the gas fee to the blockchain, and π% of the NFT value goes to MusicMoon. This applies to both initial minting and subsequent sales.
  • Brand NFTs: We will launch Brand NFTs, acting as public certificates of the Creator-Fan relationship, generating revenue through initial sales and secondary market transactions.
  • Token Launch: We are preparing for a token launch to support MusicMoon’s ecosystem, providing additional funding and incentivizing user participation.
  • Premium Features: The platform charges fees for minting and trading music NFTs, generating continuous revenue. Features like premium listings and artist highlights offer additional revenue opportunities.

Immediate Revenue Generation:
LiveLoop Software Sales:

  • MusicMoon offers LiveLoop Lite and Pro versions, accessible through subscription (€6.99/month for Lite, €14.99/month for Pro) or a one-time payment (€149 for Lite, €299 for Pro).
  • Two years of support are included in the one-time payment option, with the possibility to upgrade at half price after this period.
  • Diverse payment methods include PayPal, credit card, and cryptocurrencies, with discounts for using MusicMoon Coin.

Partnerships and Collaborations:

  • TDeFi Incubator: Part of the TDeFi Incubator, which provides resources, mentorship, and networking opportunities with top blockchain investors and experts.
  • Polkadot Blockchain Academy: Collaboration with Polkadot, benefiting from extensive blockchain technology insights and expertise.
  • University Pompeu Fabra: Involvement in The Sound of AI course, enhancing AI integration in music creation.
  • LiveLoop: Integration with LiveLoop for AI-powered music creation and live performance tools.
  • Polimec: Partnering for the upcoming token launch to support MusicMoon’s ecosystem.
  • Music Tech Association: Growing the community and educating about web3 technologies.
    -Brand NFTs: Collaborations with artists and brands to launch Brand NFTs, enhancing creator-fan relationships.
  • Discord Community: Building a strong community engagement platform for artists and fans.
  • Blockchain Integrations: Deploying on multiple blockchains to expand reach and functionality.
  • Media Features: Coverage in major TV and magazines, increasing visibility and credibility in the music and blockchain industries.

TEAM:
Josep Garcés (Founder & CEO): https://www.linkedin.com/in/josepgarces/
Founder, CEO, Musician, Engineer, Software Developer, Master’s at the Conservatory of Amsterdam 

BIO
Founder & CEO of MusicMoon, Josep Garcés is at the forefront of merging music with AI and blockchain technology. An accomplished musician and engineer, he began his entrepreneurial journey with LiveLoop, software for live music performance and fast composition. This led to MusicMoon, a blockchain-based platform that decentralizes the creation, distribution, and monetization of music via NFTs. MusicMoon features two DAOs: one for artists to engage and govern their community & fans, and another for platform governance, enabling community-led decision-making. Under Josep’s leadership, MusicMoon won first prize at the Polkadot Global Series hackathon in Seoul and the Tron Hackathon. MusicMoon is also being developed on multiple other blockchains and preparing a token launch that will interconnect all MusicMoon platforms across different blockchains. His vision is to provide artists and labels with more control and fair compensation, offering a platform where musicians have full control of their compositions and direct engagement with their fans.

Muhammad Usman Shamas (CTO, Blockchain & Web3 Developer): https://www.linkedin.com/in/usman-shamas56/
Software Engineer | MERN STACK Developer | Blockchain DAPP Developer | Hyperledger Fabric

Leila Salieva (CMO): https://www.linkedin.com/in/leylas/
VP, partnerships I Head of Marketing (Web2 & Web3) I Special Council in Horizen DAO I Global marketing and metaverse speaker

Chris Scarlat (Designer): https://www.linkedin.com/in/scarlat/
Brand/UX/UI Designer & UX Audit • WeFox, Grover, Amazon, ADAC, ADAMOS, VERIMI, ALEPH ALPHA AI, The College of Extraordinary Experiences 

Dr. Michael Taenzer: (AI Music Engineer PHD) https://www.linkedin.com/in/michael-taenzer/
Robin Doerfler (AI Music Engineer): https://www.linkedin.com/in/robin-doerfler/

Maricarmen Rodriguez (Business Advisor): https://www.linkedin.com/in/maria-del-carmen-rodr%C3%ADguez-dacosta-a5a87411b/
Financial Planning, Event Coordination, Corporate Events, Lead Generation, Marketing Strategy, Public Relations, and Project Management

Milestones and budget:
Duration: 3 Months
Total Budget $50k

Milestone 1: Deploy on Testnet (Month 1)

  • Budget: $20,000
  • Tasks:
    • Set up development environment and integrate with Secret Network.
    • Develop and test the core functionalities of LiveLoop AI and the NFT marketplace.
    • Deploy initial smart contracts on the testnet.
    • Conduct extensive testing and debugging to ensure functionality and security.
  • Deliverables:
    • Testnet deployment of LiveLoop AI and NFT marketplace.
    • Detailed testing report and bug fixes.

Milestone 2: Deploy on Mainnet (Month 2)

  • Budget: $20,000
  • Tasks:
    • Finalize smart contracts and ensure their security and efficiency.
    • Deploy smart contracts and platform functionalities on the mainnet.
    • Conduct a security audit of the deployed smart contracts.
    • Integrate Community Engagement DAO and Platform Governance DAO.
  • Deliverables:
    • Mainnet deployment of the MusicMoon platform.
    • Security audit report.

Milestone 3: Marketing Growth and NFT Minting (Month 3)

  • Budget: $10,000
  • Tasks:
    • Launch marketing campaigns to attract artists and users.
    • Conduct community engagement activities and workshops to onboard users.
    • Target to achieve 500 NFT mints on the platform.
    • Collect user feedback and perform initial platform optimizations.
  • Deliverables:
    • 500 NFT mints.
    • Marketing campaign report and user feedback analysis.
    • Initial platform optimization report.
@azaidelson azaidelson added the Q3'24 Q3'24 Cohort label Jul 26, 2024
@azaidelson azaidelson self-assigned this Jul 26, 2024
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