What is Voice Street?
VoiceStreet is a music-based NFT platform, aiming to build the infrastructure of Web 3.0 intellectual property on-chain, mainly including music copyrights, artist-related IPs, music derivatives NFTs, and SocialFi metaverse. Through VoiceStreet critics, traders, music distributors, and IP operating companies will be able to discover the works of the community and abolish the fan-based monopoly of centralized giant streaming platforms. Ultimately, the efficient, fast and low-cost creation, storage, distribution, trading, and IP derivatives will be achievable.
In Voice Street, music creators can issue NFTs of their music works. Fans can support their favorite creators by purchasing NFT products from music creators. NFT holders can not only share the revenue generated from subsequent music works in the form of staking, which highlights the shared economy between creators and fans, but also participate in DAO community governance by holding NFTs. In addition, they can enjoy the privilege of participating in immersive virtual concerts and acquire rare mystery box airdrops in the future.
Unlike traditional centralized giant platforms that focus on fan-based stars, Voice Street focuses on supporting creative independent musicians and new music talent by helping them integrate online communities, offline performances, and personal branding. The platform aims to create more mutual interactions between IPs, music creators, artists, and their fan supporters through the governance of DAO. These efforts will create a successful and thriving digital music ecology.
The launch of IMO
VoiceStreet will soon launch IMO (Initial Music-Copyright Offering), which can bring a lot of attention and fans to the musician stars themselves. The star divides his or her own complete copyrighted songs into fragmented tokens through IMO, which can seamlessly connect with the DeFi Staking and Yield Farming model. By purchasing tokens, fans enjoy the ownership of the copyright of the song. The copyright operator returns the revenue of the music copyright work to the corresponding Staking pool through the secondary market, maximizing the value of NFT copyright and the rights of the NFT owners. Stars can connect with fans through the DAO community to generate interaction. At the same time, through Gamefi, live house online concerts, DAO community, NFTized props, star IP co-branded image, the diversified development of music IP derivative value is realized.
Compared with the traditional blockchain users and NFT market users, the user acquisition and conversion costs for fans from entertainment are lower. The fans from entertainment have the habit of spending on their favorite idols and stars, especially for those users with scarcity (NFT) and feedback (copyright defi income). The fans from entertainment are an essential asset for any blockchain ecosystem.
Currently VoiceStreet has completed Kevin Shin (K-Pop, Korean American music producer and singer), 22BULLETS (2021 World’s Top 100 DJ 92, Thailand), Panta.Q (2021 World’s Top 100 DJ #69), Luke Nasty (DJ and rapper “Might Be” broke into the Billboard 200, USA). The signing of Wu Qixian (award-winning singer/songwriter/record producer from Chinese Malaysia) and will be releasing IMO products soon.
The Vision of Voice Street
Voice Street’s goal is to provide musicians and digital music consumers with a fair and open digital music platform by eliminating copyright theft and a monopolistic system produced by distribution giants. The platform will also communicate transparent data and transparent rules.
The vision is to achieve a content-and-benefit ecology of and for the creators, platforms, consumers, and investors, as well as create a more fair and reasonable profit-sharing mechanism. Additionally, the platform strives to reduce the cost of front-end content creation and achieve a balance of interests among all parties in the ecosystem through an establishment of a shared and co-managed platform.
Lastly, Voice Street hopes the blockchain uses the digital music IP content as the core digital asset to enable musicians to capitalize music works they have produced. This will make it possible to continue earning revenue in the process of using, managing, and circulating their work. Voice Street is a transformative platform that aspires to be a game changer in the digital music industry.
Road Map
Token Allocation
The total number of Voice Street Tokens (VST) is set at 2 billion, distributed as follows.
1) Core team percentage: 10%, locked for 12 months and released in 48 months after the lock-up period.
2) Early-stage investors: 15%, unlocked after launch of centralized exchange, with 15-month unlocking period.
3) Play to Earn: 30%, released in 60 months.
4) Copyright NFT staking, LP, Oracle incentive: 25%, released over 60 months.
5) Musician, Music IP Support Program: 5%, distributed over 60 months.
IDO Details
Voice Street is launching on Starter.xyz on January 5, 2022.
Token ticker: $VST
Total number of tokens: 2,000,000,000
Chain: BSC
Initial Circulating Supply: 5,000,000 VST
Circulating Supply at TGE:
Initial Market Cap: $200,000
Fully Diluted Cap: $80,000,000
IDO Price: $0.04
IDO Date: January 5, 2022.
How to Participate To participate in Voice Street IDO, simply follow these steps:
-Buy START on Starter.xyz
-Bridge START via AnySwap
-Stake START on Starter.xyz (BSC)
-Buy $VST when the IDO starts
For a more in-depth guide on how to take part in a BSC based IDO, please see their docs: https://docs.starter.xyz/faq/how-to-guides/how-to-take-part-in-a-sale-on-binance-smart-chain-bsc
About Voice Street
Voice Street is committed to being a global trading platform for digital music elements, providing easy-to-use and complete blockchain digital music infrastructure to digital music creators, and making digital music creation and releasing more efficiently and conveniently by building a NFT releasing stage for digital musicians.