[IMPACT]

We believe that music is an international language and a universal culture shared by all people.

We are building a platform for metaverses to connect musicians all over the globe and build a space for creating music.

Virtual reality is a tool that brings entertainment and, with the right architecture, promotes a new economic system.

Taking advantage of technologies like NFT and blockchain

allows to create digital value and to empower musicians through a decentralized system.

Our ambition is to completely change the music industry by connecting all metaverses through the Cardano blockchain and making music accessible for everyone.

This is our ambition, path, mission,…

Metaverse

Metaverse is going to be everywhere. It is already here, in the same position as the internet was in the 90s. We believe that after what we have seen as the NFT boom, metaverse and 3D objects are going to be next.

Our strategy is to connect and build on existing metaverses.

Access to multiple metaverses means a higher chance to be in the right place.

Using Cardano blockchain and NFTs allows creating digital value that can be transferred between

metaverses.

We believe that the Cardano blockchain is the best tool to accomplish such a goal.

List of metaverses we are integrating the ecosystem:

• Somnium Space……………..Finishing
• Victoria VR……………………..Work in progress
• Neos………………………………Work in progress
• Pavia………………………………Planning
• Mona………………………………Planning
• Wilder World……………………Planning
• DVision……………………………Planning
• Blocktopia……………………….Planning
• Sensorium Galaxy……………Planning
• RFox……………………………….Planning
• NTVRK……………………………Planning
• Solice……………………………..Planning

We were very carefully choosing the metaverses that could provide the right technological support. Every metaverse has a bit different functions and it can allow us to do a bit different type of integration.

Our preference is to build on metaverses that support Virtual Reality, decentralized ownership and possible AI integration.

Metaverse space is a very dynamic space. We might see some of the metaverses systems closed by their ability for our vision or it will simply not make sense to expand in that space. On the other hand, there will be a lot of new metaverses that we don’t even know about at this point. Our approach is to be dynamic and flexible to not miss any opportunity.

Many of the Metaverses are building on Ethereum or Solana blockchains which is their decision that we have no control over, but what we can do is integrate the Cardano system outside of their system.

Cardano

The vision of the Cardano blockchain is deeply in our belief of what the future should look like. We will be honoured to be part of the community and build on top of the Cardano blockchain.

Our long term vision is to build the ecosystem on the Cardano. We consider Cardano as the most effective blockchain system for our vision.

Starting building the system on Plutus smart contracts give us powerful tools to build something solid. With the promise of integration of future systems like hydra nad Voltaire, it provides us with the opportunity to have solid ground for future implementations.

SingularityNET

SingularityNET has an incredible potential at being the leading decentralized ecosystem for AI algorithms forwarding to Artificial General Intelligence. Our goal is to start building our AI solutions on top of the SingularityNET system. Our architecture is projected to start implementing solutions like AI image segmentation into the rewarding mechanism.

The future vision is to start building an AI smart tools category for music production and smart tools for performing music in virtual reality.

• AI image segmentation
• AI recognition tools for projecting musical instruments into VR
• AI for creating original sounds
• AI for automatic sound design balancing
• AI for Instrument type recognition
• AI for instrument shape recognition
• AI for music recommendation
• Reputation system
• Future AI-DSL integration
• SophiaDAO integration as an operator in the metaverse

Music

The music industry was facing difficult years. We can see how sensitive is the music industry when it comes to events. Many musicians cancelled tours during a covid time. Many clubs were closed due to lack of attendance, a consequence of Covid restrictions. We believe that a barrier-breaking solution could be the Metaverse, with a combination of blockchain and VR technologies. We strongly believe that the most friendly use for metaverse is music. As of now, there is no existing Music platform combining AI and the Metaverse worlds powered by both the Cardano and SingularityNET blockchains.

Museverse

MuseVerse project is the result of the combination of Virtual Reality (VR) and blockchain, using Music as a universal vector, and integrating with Cardano and SingularityNET its AI solutions. The goal is to offer a new and innovative way for musicians to compose Music in the Metaverse, by cutting the middle-men, facilitating artistic collaboration and sample pack search through a large, high-quality catalogue, and establishing an NFTs marketplace for instruments using smart contracts.

Rewarding system

The traditional model of rewarding artists is concert tickets which is not the most effective way of earning rewards. We believe that taking advantage of smart contracts could be possible to design a completely new way of rewarding artists and club owners to provide them independence and financial freedom for creating musical value. We would like to create publicly transparent rewarding pools that everyone could have access to know what is the current value status of the rewarding pools.

Tokenomics

Having a fully functional rewarding system is the key. We believe that the best way to design such a mechanism is by creating a token based on the Cardano blockchain. This token would be built on top of Plutus smart contracts. The mechanism of rewarding pools would be that from every transaction made with the token on an exchange or as a transfer there would be a 1% fee distributed to 3 reward pools.

• reward pool for artists

• reward pool for club owners in the metaverse (clubs, concert halls, stadiums)

• reward pool for developers

We believe that such a fee would not be problematic for natural tokenomics flow. 1% should not be too high as a psychological block for exchange, on the other hand, this fee could provide a natural way of rewarding artists with the increasing adaption of the token.

Reward pool for Artists

This pool would be the most important reward pool. Artists are the soul of music. Creating, learning, and practising music takes a lot of effort and skills. We believe that it is important to support musicians to provide creative freedom. Freedom comes with financial independence. We believe that everyone who is performing should be rewarded. This could provide musicians with the opportunity to make living out of being musicians.

Reward pool for club owners

Metaverse provides an opportunity to buy own parcels and also to build on them. There are already existing music clubs, bars, and concert halls. We believe that it is important to reward the owners for adapting the ecosystem as a whole for expanding users. The entering cost of ownership of such a space, promoting events, organizing club nights is also something that should be rewarded as it will create motivation to innovate and push the VR experience to another level.

Developer reward pool

Development is the heart of the project. We believe that the most effective way of having rapid progress is to create a public list of development tasks with reward prices. This could accelerate the development progress. In a later stage with a fully functional system built on Voltaire, we would like to give this preference give it to the community.

Rewarding pool mechanism

An important part of reward pools is how is going to be working the mechanics. We believe that artists should be rewarded in matter how many people they have on the dance floor over the time that they perform. These are the criteria that make a successful concert.

The design of such a rewarding system would work as a series of snapshots in specific time periods as a photo of the people attending the concert.

These snapshots would be processed with AI Image Segmentation from the SingularityNET marketplace.

AI would count how many people attended the concert and it would redistribute the rewards from the reward pools.

The rewards would be distributed directly to blockchain wallets of the registered rewarding participants (musicians, club owners)

The important part is going to be to develop an automatic algorithm with the right mathematical model that will provide sustainable ongoing rewards.

Musical Instruments

Another part to provide an immersive experience for musicians is to create musical instruments. We have already spent a few years developing such tools. So we have a competitive advantage in this field.

We are developing the first interactive NFT musical instruments in the metaverse. Our goal is to make musical instruments accessible in the metaverse. The first series of instruments should focus on these 3 musical instruments.

• Meta keyboards

• Drums

• Piano

Meta keyboards

We are carefully considering entry instruments in a matter of accessibility. The easiest way of interacting in VR is the hand controller. Xylophone as a melodic instrument played with mallets provides a great entry point for easy interaction in VR. No technical difficulties for plugging it and with great smooth controllability. We would provide soundbanks as NFTs.

Drums

Drums as a rhythmical instrument are a necessary part of any music. The ability to play with sticks provides the same easy interaction in VR.

Piano

Piano as one of the most played instruments provides a complex way as an entering point to all kinds of music. Our goal is to figure out an AI algorithm that would provide finger analysis and project movement of played notes to VR without complicated plugging of instruments.

Live Performance

Metaverse needs entertainment. We believe that music is one of the most entertaining things that can be done in the metaverse. Achieving great VR experiences will need to bring motivation to the artists in the matter of rewarding them.

Our plan is to start organizing hybrid events with immersive concert hubs in big cities to help artists with not a bit of technological knowledge to organize immersive parties in VR. Hybrid events for people in the physical place with a higher amount of VR headsets and

As our vision is a very complex ecosystem that will take a few years of development. We want to aim with this proposal for a more narrow segment of the project. It is the main net system build on the Cardano blockchain that rewards artists and musicians, bands, club owners and developers that are contributing to this ecosystem focused on the music in the metaverse.

Our main goal with this proposal is to build the first Cardano ecosystem for rewarding artists, club owners and developers in the metaverse environment. We believe once we provide the right tools and motivation for artists. It will naturally start growing the entire ecosystem and it will provide new users to the Cardano blockchain.

What we want to achieve with this proposal are these goals:

Tokenomics

The essence of the project is a token that will be working as the main tool and store of value for rewarding the music ecosystem. As many tokens are speculative assets and they work as an investment tool. We believe that with the right architecture we can turn this natural essence of cryptocurrencies into a growing system rewarding the right that will contribute and support the right subjects in the music industry to grow naturally the whole ecosystem.

The token mechanism will have this utility:

• 1 per cent of the fee distributed to a reward pool in the
• Reward pool for artists
• Reward pool for club owners in the metaverse
• The reward for the developers contributing to the ecosystem
• A distributing system delivering the reward into crypto wallet

These are the main focus that we want to focus on in our proposal and help grow the Cardano community.

On the other hand, we will be building other parts of the projects.

As big visions come with big responsibilities it also comes with potential risks. We are very aware that it is not an easy project, but we are determined to deliver an ecosystem that could change the lives of thousands hopefully millions of musicians all around the world.

As the highest risk we see these aspects:

Timing

One of the key aspects of the success of this project is timing. To gain momentum and gain a high amount of users we need to deliver in a reasonable time frame. As we are first of developing such a system so far as we know. We believe in the first-mover advantage. As a statistically the first-mover advantage acquire usually 80 per cent of the market, our fear is to not develop fast enough to lose this advantage.

Funding

We were planning our funding very carefully but sometimes is not easy to project all the unexpected

investments. The factor of funding is why most of the startups fail. We want to hedge this with different sources of income back to the project.

This is where it comes to the game the NFTs. The first musical instruments that are playable in VR as NFTs could be the way how to get backed the project with ongoing finances. These aspects are our support backup to keep gaining financial profits to re-invest back to the vision.

Doing it right

The architecture comes with a big responsibility to do it right. We are thinking thoughtfully about building this system robust enough to not have any security issues. Rewarding pools will contain quite a big amount of tokens. Which by itself is a security risk challenge. Our solution towards minimalizing such a risk is to spread the rewarding pools to multiple wallets to minimalize the risk of losing the entire pool of rewards. The architecture and the mathematical model behind this mechanism should be set up flexible enough to have a flow of rewards to artists without getting to a point to have a huge amount of pool not rewarding fast enough.

As these risks are challenging, we believe we can build them right.

[FEASIBILITY]

2020-2022

There has been a lot of work done since 2020.

• functional system for music composing in virtual reality with low latency. The system is ready for implementation directly in the metaverse.

• series of 3D objects as musical instruments playable in VR

• a first metaverse music complex built in Somnium Space metaverse.

• the first club in Somnium space metaverse

• first VR hub for hybrid events in the centre of Prague

To accelerate the integration of the Cardano blockchain we need the extent of our resources to hire a few specific positions to extend our team to build the system right.

Here is our future roadmap plan:

ROADMAP:

2022

April

• designing the architecture in detail as the rewarding system

• finalizing mathematical equations to make sure that the system is balanced and fair in the way for rewards for the musicians, club owners and developers

• choosing the right Plutus libraries for designing the protocol

• hiring one extra Plutus developer

• The first metaverse club is open and running on weekly bases open for public

May

• testing of AI Image recognition from SingularityNET for snapshot system analysing how many participants are on the metaverse concert

• token development

• drums as instruments released as NFTs

• planning of development of AI recognition models for piano playable with VR headset

June

• designing rewarding pools

• closing partnership deals with clubs in the metaverses

July

• piano as instruments released as NFTs with the integrated AI recognition model for piano

• Pre-ICO development

August

• Pre-ICO development

• crypto wallet development

September

• ICO - Initial Coin Offering - The main release of the token for public trading.

October

• fully functional system in action rewarding artists, club owners in the metaverse
• crypto wallet done

November

• transparent measurement system for updating the status of the rewarding pools

We consider this as the first chapter of the project built ecosystem on Cardano, but it is not the end of our mission, our vision.

For this chapter, we are asking you the Cardano community for the funds. Catalyst Funds.

2023 and future

• Blockchain database of virtual bands
• Voting system for the bands
• System of ownership of asset of the band
• Future integration of Voltaire
• System for releasing tracks as NFTs
• The marketplace of sounds for the musical instruments
• Deeper integration of SingularityNET marketplace

We need the funding to be able to pay additional developers in the following specific fields:

Plutus Developer: $3000 x 6 months ($18000)

Unity Developer: $3000 x 6 months ($18000)

AI Developer: $3000 x 3 months ($9000)

Mathematician: $3000 x 2 months ($6000)

Blockchain wallet developer + UI developer: $3000 x 6 months ($6000)

Patrik Gudev - CEO Museverse

The main leader of the Museverse vision. Pioneer in the music industry with deep knowledge of VR technologies. Co-founder of Revo Music. One of the most advanced systems for AI-generated music and sample packs on the market.

Heriberto Diaz - VR developer

Heriberto is an experienced, game developer. His work can be found on Apple stores and Google play. His specialization is development in Unity.

Steve Gudev - 3D designer

3D designer specialized in lighting installations and interior design. His work can be found in luxury hotels and theatres all around the world.

Bjorn Inge Mong Aalvik - Community Manager

Over 10 years of experience in video production. Perfect person as support for musicians in the metaverse.

Tomas Zverina - Social Media Manager

Over 6 years of experience with social media on a professional level. Managing campaigns for brands like Samsung, Škoda Auto, Pilsner Urquell

Big Yellow Fishes - A Metaverse Media Group.

Metaverse media group from England working on the media content and strategy for communication to our community.

[AUDITABILITY]

We have a detailed planned public roadmap that is a measure of if we progress at the right time or not.

We like the approach to be as transparent as possible about our progress with our community. The goal is to keep making detailed monthly updates on what has been achieved and what are the challenges with Q&A with the Cardano community.

Our end goal vision is very ambitious. We want to build an ecosystem that would completely change the music industry. We are long-term thinkers and we are building an ecosystem that has the ambition to change the lives of millions of people that has a dream to make music for a living or simply for people that love music and want to participate and support musicians.

Of course, this end goal requires a lot of steps. Our approach is to be flexible and dynamic in the way how we get there. We feel important to tell our community the goals, even though some of them might change over time. Here is the list of achievements that we would consider that we have succeeded in our vision.

Metaverse

We have a musical centre in all decentralized metaverses that make sense for the music environment.

Our list is so far this:

• Somnium Space
• Victoria VR
• Neos
• Mona
• Wilder World
• DVision
• Blocktopia
• Sensorium Galaxy
• RFox
• NTVRK
• Solice

Metaverse space is very dynamic. We might see some of the metaverses systems closed by their ability for our vision or it will simply not make sense to expand in that space. On the other hand, there will be a lot of new metaverses that we don’t even know about at this point. Our approach is to be dynamic and flexible to not miss any opportunity.

Our goal is to be at least in 10 metaverses in the next two years.

Cardano

Our main network is gonna be built on Plutus smart contracts.

As a success, we would consider close cooperation with Cardano not only as using the technology but actively participating in improving future innovation. Testing on the edge what and how can be better used of Cardano vision. Using the potential of Hydra

SingularityNET

Another part of the success vision is close cooperation with SingularityNET. Creating a music section in the marketplace that would be used for AI algorithms for creating sounds, creating chord progressions, and AI sound design tools. Another aspect is

but also using reputation system the whole thing connected with AI DSL.

Once Hyperon is ready and Sophia DAO is available, we would like to use the ro

Token

Token-based on Cardano

Blockchain database of musicians

Our vision is to implement Voltair into

Blockchain-based database with musicians that would be as digital virtual bands all around the world. A system that brings fair rewards to musicians and allows them to have creative freedom and live from that.

Concerts

Immersive concert hubs in big cities help artists with not a bit of technological knowledge to organize immersive parties in VR. Hybrid events for people in the physical place with a higher amount of VR headsets and

Museverse applied in Catalyst Fund 7 round in the section A.I. & SingularityNet a $5T market. Our proposal got slightly below the line. Anyway, it gave us an opportunity to reflect on the project and we have made significant progress since Fund 7. We hope to succeed this time.