[IMPACT] Please describe your proposed solution.
DecentralizeMusic.com (DM) is live streaming platform that also allows artists to create profiles, sell their merchandise, music and NFTs. Artists are able to sell their music to stream & receive .01 cent per stream royalties. Artists will also be able to mint music NFTS which enable them to create a smart contract with royalties paid to the artist in perpetuity offering them on our NFT marketplace.
We have already completed 70% of the application. The live streaming, music streaming/physical merchandise components and social aspects are completed. We are now ready to implement the CNFT marketplace and blockchain dependent features.
NFT’s allow the artist and the fan to engage in a way that may not have been possible before. Creating a community centered around the art and the people directly supporting it. Independent artists, indie labels, concert promoters, gallery owners, visual artists all we be able to use DM to expand on their business. Receiving royalties on assets sold in the future forever. This will be done by keeping trades localized to the platforms NFT marketplace until we solve the issue of a universal royalty token. This will bring massive adoption to the Cardano ecosystem from this diverse and hyper active segment of the population.
We believe this can help address fundamental and systemic issues in the music industry centered around diversity, access and equity while implementing one of the greenest and most sustainable ecosystems into DM.
The project will be marketed as a decentralized music, live streaming and CNFT music marketplace. A social media platform that allows artists to facilitate their own CNFT creation and sale. Artists will also be able to share royalties with fans as well as discover new artists, sell physical, digital and streamed music. Fans are able to Collect artist CNFTs to complete challenges for prizes and special access to further utility. We at jazzisdead.co have aligned our launch with over 30 events and tours we are producing from now into fall 2022 (see current events jazzisdead.co/EVENTS). At these events we will focus on introducing attendees to Cardano and decentralizemusic.com.
We will also be building an NFT ticketing and ticket scanning plugin/system that will give artists the oppurtunity to sell tickets to physical events. Users will purchase the NFT ticket and be provided a QR code representing their admission. That QR code will access the users wallet and verify that they indeed own that NFT. This may be built as a plug in that other platforms can utilize.
Our Jazz Is Dead CNFT project as well as our Decentralize Music proposal to Catalyst were recently featured on Cardano Ecosystem News!
[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.
This being the Dapps & Integrations challenge this platform is a DAPP that will not only address the issue of generating a funnel for adoption and education for artists and musicians into the Cardano ecosystem, it will also serve as a boutique resource hub for musicians interested in engaging in Web3 solutions on Cardano.
We are creating a platform that allows the artist and/or label to retain the majority share of all transactions. Bringing all aspects of musical commerce to one platform, it not only makes it easy for creators to monetize and manage their offerings, but it creates a space in which every streamer/customer, concert attendee, die hard fan, etc can partake in every offering their favorite artist has available.
We will be able to onboard countless music creators and music lovers to the Cardano community through DM.
We have already begun educating our audience through a series of YouTube videos, see here:
or jazzisdead.co/nft
[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
Considering that we are 70% complete, the biggest risk is not getting enough funding to take it to market. We’ve been fuming the entire project independently, but will need some angels to help us get to the next level.
The remaining challenges we face are our the lack of knowledge around the Cardano development tools needed to execute functionality. Such as fan royalty implementation, artist split royalty implementation, Streaming royalty implementation, CNFT Minting machine, and NFT collection challenges, wallet scans for airdrops, etc. Lastly, we can foresee server limitations on the number of artists that can live stream at once and how expensive server space is with a massive international project like this.
[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.
The first phase is in BETA and being tested as we speak. This includes the live streaming, profile creation, music streaming and profile stores are complete.
Phase 2 is the CNFT marketplace implementation.
Common Modules
a. Design
i. Design all required pages for the website such as:
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Login Form
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Home Page
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Product Page
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Collections Page
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User List Page
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Profile Page
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Blockchain Page
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Design All Front Store Pages + responsive
b. HTML
i. Manage HTML conversion of all design pages.
- Admin Panel Modules a. Login Page
i. Logic building for login required every page
b. Home
i. API integration for detail and page URL configuration
c. Product
i. API integration for all products detail and product image show on click and page URL configuration
d. Collections
i. API integration for all Collections detail and Collection image show on click and page URL configuration
e. User list
i. API integration for all Users detail and user logo image show on click and page URL configuration
f. Profile
i. API integration for user all details and image
g. Blockchain
i. API integration for all blockchain details and display in list
h. Other Task
i. Blockchain add page - API integration for add new blockchain
ii. Coding for all pages require login and after logout redirect on login page
i. Logout
i. Logout function - User logout on backend panel.
3. Frontend Modules a. Profile
i. Profile creates - Profile Create by wallet address and return profile token
ii. Profile update - Profile detail update
iii. All profiles - All Profile Display
iv. Profiles detail - Display profile detail by token
b. Product
i. List - All product list display by collection ID
ii. All product by user id - Display all product by user iii. Create product - Create new product by user
iv. Edit product - Product detail update
c. Collection
i. User/list - Display all collections by user id
ii. Create - Create new collection by user
iii. Category list - Get all category list
iv. Collection data - Get collection detail by collection id
v. Category wise collection - Get all collection by passing category type vi. Edit collection -
Collection detail update
d. Blockchain
i. List - All blockchain list display
4. Blockchain Development a. Front Store
i. Digital Art Storing ii. Minting Process
iii. Batch Minting Process iv. Auction or Direct Selling
v. Transaction History on Public Book
vi. Art with Categories way per User & all User’s vii. Purchasing Digital Art
CONSIDERATIONS (1st Phase)
• We will develop only Digital Arts, Paintings, MP4, MP3, PDF, JPEG, GIF NFTS.
• We will consider royalty splits for two collaborative creators to their Cardano wallets.
• Batch minting process
• Integrate NFT marketplace into decentralizemusic.com (SSO)
• CNFT collection challenge functionality. (R&D on how to execute)
[FEASIBILITY] Please provide a detailed budget breakdown.
Please provide a detailed budget breakdown.
Legal - $35,000
Marketing and Project management - $25,000
FrontEnd development for Marketplace - $13,600
BackEnd development for Marketplace - $20,800
Final Payment blockchain dev team - $10,600
Total - $110,000
[FEASIBILITY] Please provide details of the people who will work on the project.
Marcus Gray - Project Manager
Andrew Lojero - Event producer / Artist management / Co owner of Record Label
Abhi - Development Project Manager
Devendra - Python Developer
Fizanul - Frontend / React Developer
[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.
We may need repeat funding and do intend to submit in a later round. But this remains to be seen.
[AUDITABILITY] Please describe what you will measure to track your project’s progress, and how will you measure these?
We will utilize project management tools such as JIRA, slack as well as github commits to track progress and milestones.
[AUDITABILITY] What does success for this project look like?
Success for us looks like adoption and transactions. Onboarding new Cardano family and using cardano blockchain and network to help us deliver a massive amount of hard code music lovers to this platform. This is what success looks like for us.
More technically, a tested and secure Decentralized application that allows users to sign up as one of three profile models, artist, label or fan. They are able to interact with other users, create and purchase products across the platform, create and subscribe to offerings as well as sign up to be scheduled for a livestream. Users of all models will also be able to create their own music CNFTs, set the royalties for themselves and the fans who purchase their CNFTs. They will also be able to facilitate their own CNFT drops from their user profile. The CNFT marketplace will be a closed system but users will be able to move CNFTS to popular marketplaces such as jpg.store or CNFT.io for resale.
[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.
Although this is a repeat proposal. It has never been funded as of yet. This is a new Proposal.