VOISE, the decentralized music platform has announced the inclusion of a new feature to its upcoming music streaming and downloading platform. The new feature which is known as Radio DAO, will allow for a constantly streaming music service with a never-ending playlist. The Radio DAO feature will also enable the users to vote for the songs to be added and ranked on Radio DAO’s playlist.
The VOISE platform strives to help artists and musicians to monetize their content without any third party or record labels’ involvement. This will result in empowering the artists which get left behind in the present monetary structure of the music industry.
Moreover, the VOISE platform at the same time allows music lovers to experience new content. The platform lets them discover, stream and download unique content, which may or may not be available on mainstream platforms. Further, under its ethical revenue sharing model, the artists on VOISE stand to receive 100 percent of the revenues generated on the platform.
In order to raise funds for the development of the project, the platform has launched its crowdsale. The crowdsale involving Voisium (VSM) tokens went live on May 6, 2017, and has managed to raise over $150,000 in contributions in about ten days. The platform offered an additional bonus of 15% to the investors who participated in the crowdsale until May 20, 2017. To ensure a progressive increase in the value of VSM tokens, the platform has fixed the token supply to only 100 million.
The crowdsale is part of VOISE’s alpha stage roadmap, which includes an interesting line up of developments to follow the ICO. Investors and cryptocurrency community members can become a part of the movement by participating in the ongoing VOISE ICO.
The platform has many developments planned and will be utilizing the funds raised through the VOISE ICO for them. The planned developments include various feature additions and the inclusion of fiat currency support, at least during the early days of operations.
Following this, users will be able to purchase the content on the platform with USD, EUR, and GBP seamlessly. The platform intends to ultimately shift the mode of transaction from fiat currency to VSM tokens as it builds a significantly large user base.