🎙️Conclusion
Soundwork is set to revolutionize Music creation as we know it
The Untapped Opportunity in #MusicFi
So far, we’ve witnessed many attempts at solving the music creators’ dilemma through the Web3 platform, which focuses mainly on the finalized songs or tracks. This does not take into account the process of making those songs. On the other hand, the companies that are focused on those same building blocks (Loops, Samples, Virtual Instruments) are not implementing Web3 technology, either due to a lack of deeper understanding in the field, or the centralized nature of their business model. The huge untapped opportunity that Soundwork has identified is that bridge between the Music Tools and Sample Industry, and NFT Technology.
Soundwork's Vision: Redefining the Music Industry’s Supply Chain
So how does Soundwork make the most out of this untapped potential? Soundwork leverages AI and Web3 Technologies to redefine how music creators are rewarded for their work. Soundwork serves as a music element, sounds, and tools decentralized distribution platform.
Soundwork provides artists and creators with access to their sounds and creations, no matter how big or small. What separates Soundwork from other MusicFi companies is that rather than focusing on the finalized product, like a full-fledged track or album, we focus on the “building blocks” of the sounds so to speak.
With Soundwork, artists can create, manage, and distribute their music as NFTs on the platform, in whatever manner they choose.
Soundwork aims to provide a new foundational distribution layer for the music industry through AI, Smart Contracts, and NFTs. We are building a system that will track the use of artist’s sounds through AI; which in turn will enable artists to focus on what they do best: creating music. So if you’re just as passionate as we are about this initiative, drop us a follow, Try out the Alpha MarketPlace, and to get the latest on all things MusicFi, check in with us regularly so you don’t miss a beat.
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