not approved

NFT Vinyls paying musicians forever

$50,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Solution

NFT QR code linked records of existing and new music made so that each time a release is resold, the original artist gets a percent

Problem:

Musicians have had a hard time in the streaming economy, giving away work for free. How then to integrate web3 with the music industry?

Yes Votes:
₳ 24,405,641
No Votes:
₳ 23,346,666
Votes Cast:
112

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[IMPACT]

We see the next generation of music where virtual communities back the next Stormzy.

We love it when artists release amazing new forms of music, artwork and 3D experiences, and VILVI is here to make your imagination come to life.

For many fans of music today collecting music in physical form like vinyl is preferred to collecting music just in digital files or streaming, and this demand is growing rapidly.

Well, VILVI connects musicians with fans and investors to build their career and income using NFT technology. One highly collectible release at a time.

Every time a release is re-sold on our marketplace, the original artist gets a percentage. This has never been done before and is possible with new blockchain technology that proves who owns each beautiful record. This works alongside existing streaming and royalty systems.

VILVI’s blockchain of choice is Cardano due to its ethical and ecologically sustainable values, as well as the very supportive developer community.

So why did you build VILVI?

We are a team of music professionals, economists and programmers that have built a platform where musicians get paid fairly for their work for their whole lifetime! You can see that we value fairness and decentralisation by checking out our tokenomics.

’We are the music makers,

And we are the dreamers of dreams.’

Every time a record is resold on the marketplace, the original artists get a percentage, this has never been done before.

The marketing of the system is largely organic but relies on attracting headline artists of repute, like Snoop Dogg in order to garner attention of labels and independent artists.

We are also seeking to redress the global north-south divide in terms of musical consumption and will be promoting the releases of African artists whose musical heritage we feel deserves a wider audience.

We have assessed all technology and marketing required to make the project work, and have multiple people working on similar fields so there is no potential bottleneck in terms of our delivery of the project. We are due to manufacture our first NFT picture disk tomorrow.

If we don;t have enough money for marketing then we run the risk of not reaching that critical mass of users associated with headliners that we onboard, which is why we need the 50k.

[FEASIBILITY]

Spreadsheet as Gantt chart, notes along the top

https://docs.google.com/spreadsheets/d/18km5FR4osJqNgxB566unJJc8rBrUUHW6/edit?usp=sharing&ouid=103466056671606168347&rtpof=true&sd=true

https://docs.google.com/spreadsheets/d/18km5FR4osJqNgxB566unJJc8rBrUUHW6/edit?usp=sharing&ouid=103466056671606168347&rtpof=true&sd=true

Felix Milton, Head of Music; prev clients Kanye West, Jay Z, Gorillaz & Many More

Ras Kwame, Head of Marketing, Ex BBC Radio Presenter.

George Pinnegar, Trained economist; commercial director

Matt, CTO, Ex clients inc KPMG, Facebook etc (but has seen the light of web3)

Lee Smith, Ex Footytube CTO, Lead Front End Dev

& More

Full Team visit: shorturl.at/dDGN4

[AUDITABILITY]

We have bi-weekly internal meets in the Agile style, ensuring that everyone working on the project is up to speed with where each other are. We have a project manager to oversee all the component parts of delivery. Outputs scaled depending on input.

The 50k will enable us to launch and market our stake pool, as well as fully build out our custom marketplace, this is due to be completed in April. Our stake pool is ready to launch (by the time of you reading this, it may well be live)

We have a good community group of early small scale investors on telegram who we report to and ask us for updates every week, and we want to have the kind of close knit community that supports the project and to whom we are accountable.

Code will migrate to Github for public transparency asap.

Having musicians able to live off people still trading their records as a long term pension equivalent.

It broke our hearts to see older musicians having toured the world and yet in their old age not be able to pay their medical bills, rent and even food. Our solution fixes that.

Entirely new

SDG Rating

It's going to provide a much more ecologically friendly solution to NFTs than ones currently using ETH.

Community Reviews (1)

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