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Cryptocurrency News Articles
Stage Raises $2.4M to Revolutionize the Future of Music
Jun 14, 2024 at 08:54 pm
Stage, with it's $STAGE token that is set to launch soon on the BNB Chain, launches a platform where music fans directly influence the rise of new stars
Tortola, BVI, 14th June, 2024, Chainwire
Music fans are now at the center stage of rising new stars, thanks to Stage, a platform where fans can directly influence the rise of new stars and get rewarded for it, launching soon with it’s $STAGE token on the BNB Chain. This platform combines talent, technology and tokens to create a dynamic music ecosystem.
On Stage, artists upload their video performances and compete in exciting rounds to rise to stardom. Fans play a crucial part by voting for their favorite artists, potentially earning exclusive rewards, and engaging with unique Real World Asset (RWA) Badges. The innovative business model ensures that artists receive 60% of the proceeds from votes cast for them, alongside 10% royalties on RWA Badges. Fans, on the other hand, are rewarded with Stage Badges for their support, making every interaction on the platform mutually beneficial.
The mission at Stage is clear: to empower both music fans and artists, ensuring that everyone gets a piece of the action. The vision is to build a thriving community where every interaction enriches both fans’ and artists’ journeys.
Backed by top-tier crypto entities like the Solana Foundation and key industry figures, including the CEO of Kraken US, Stage has additional support from RR2 Capital, Moonrock Ventures, and Cogitent (among others).
The powerhouse team behind Stage includes André Cruz, CEO and Co-Founder, a musician and e-commerce expert with three successful exits; Geoffrey Doyen, CTO and Co-Founder, who brings extensive AI experience from working with Fortune 500 companies; and Francisco Quartin de Macedo, COO and Co-Founder, who previously led a trading desk at blockchain.com.
Stage has also attracted high-profile ambassadors, including celebrities with millions of followers who will help amplify the mission. Among them is Jerry Heil, who ranked Ukraine as Eurovision 3rd Place. Their influence helps Stage reach a global audience and attract top-tier talent to the platform.
By integrating Web 3.0 principles, Stage aims that both artists and fans are fairly compensated and deeply engaged. The platform’s unique approach includes:
* Artists uploading video performances and competing in exciting rounds
* Fans voting for their favorite artists and earning rewards for their support
* Both artists and fans collecting and trading unique Real World Asset (RWA) Badges
* Artists receiving 60% of the proceeds from fan votes and 10% royalties on RWA Badges
* Fans being rewarded with Stage Badges for every interaction on the platform, which can be used to unlock exclusive experiences and benefits
* A unique referral system where both artists and fans can earn $STAGE tokens for inviting new users to join the Stage community
The Token Generation Event (TGE) for $STAGE will be conducted through the reputable launchpads ChainGPT, Decubate and Eesee. This will aim to a broad and invested audience, to potentially maximize the impact and reach of the token launch.
Users can stay updated with Stage’s journey by following on Twitter and joining the Telegram community, to be the first to know about the latest updates and exclusive rewards.
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