Overview

  • Country Australia
  • CategoryArt & Music/ Audio Exchange Protocol

Self-governed and decentralised technology network for audio industries.

Project stage

Prototype

Detailed description

The Music industry has faced radical change since the rise of the digital age. This rapid change has paved the way for large centralised structures to establish themselves by solving inefficiencies around music publishing, payment and legal contracts using economies of scale. However, solving inefficiencies through economy of scale merely masks the real problem. This ultimately has lead to a 50 billion dollar music industry where the top tier are catered for and the incentive to change the industry from what it is to what it should be is non-existent.

Emanate is building an Audio Exchange Protocol designed to evolve the music industry into the blockchain era, allowing artists to be paid in real-time, to collaborate globally without the need of trust. This could bring much needed efficiency and transparency to the music industry. Emanate plans to create a self governing decentralised organisation that will align the incentives of all the music industry participants.

Problem

  • Collaboration does not flourish because of difficulty getting accurate payments
  • Cross border differences in royalty collection rights
  • Lack of trust between independent musicians and majors
  • Slow payments (months or years) due to legacy systems
  • Artists often only monetise final songs or live shows, many just want to compose
  • There is currently little incentive for the industry to change

Solution

Emanate is utilising decentralised technology to create an ecosystem that will significantly change the industry by not only removing inefficiencies within the industry but also creating more opportunities for artists to turn their dreams into reality. This new ecosystem aligns the incentives of everyone in the value chain and supply chain with creativity at the center.

  • Ledger and smart-contract based trust-less collaboration framework
  • Instant payments across borders
  • Transparent payments
  • DAO governance for the ecosystem
  • A level playing field for artists, labels and publishers
  • Standardised meta-data

Features

Collaborate Globally
Emanate’s platform will allow artists to collaborate globally without needing to trust the other parties. All music is protected via blockchain ‘Smart Collaborations’. Each time artists collaborate an agreement is executed on the ledger. This brings clear transparency to the artists, and for the music producers and record labels it expedites the processes of dealing with multiple parties and long negotiations. This will all be achieved directly from the artists DAW workflow making it incredibly seamless.

Mometize Instantly
Artists will be able to upload their backlog of original songs, stems and samples for rapid monetisation. Artists can capitalise on other artists who utilize their sound parts in their songs. The best part - the payments occur instantly.

3rd Party Integration
Emanate provides one place on the internet for artists to store their completed works. The Audio Exchange Protocol is designed to make it possible for any 3rd party to consume this audio with payments made accordingly, in real-time. The possibilities in a world moving towards AR, VR and AI are endless.

Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : MN8
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 12,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :EOS ()
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :5,000,000 USD
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :208,000,000 MN8
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :88,000,000 MN8
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Open
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BTC, ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, USA,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    All unsold ICO tokens will be sent to the sustainability fund.

      • Token Distribution

          Vesting notes

          • Team and Advisors : Team, advisor and partner tokens are vested over a 24 month schedule with 25% unlocking in every 6 month block after ICO until 100% is reached.
        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Public ICO — Soon
      Start Soon
      0.12 USD No - Uncapped 48,000,000 MN8
      Selective Pre-sale — Soon
      Start Soon
      0.1 USD No - Uncapped 40,000,000 MN8
      Private Strategic sale — Ended
      Start Soon
      NA No - Uncapped 30,000,000 MN8
      Private Strategic sale

      Private sale tokens were sold at various prices according to what each partner contributed to the project.

      Read more about vesting and bonus
      • Team

        • Pedro Reis Colaço photo
          Pedro Reis Colaço
          Founder/CTO/Lead developer
        • Sean Gardner photo
          Sean Gardner
          Founder/CEO
        • James Frew photo
          James Frew
          Founder/Industry Relations Director
        • Trent Shaw photo
          Trent Shaw
          Founder/CFO/COO
        • Chi Yusuf photo
          Chi Yusuf
          Art Director
        • Blake Cannell photo
          Blake Cannell
          Full-Stack Developer
        • Thomas Olsen photo
          Thomas Olsen
          Head of Music
        • Ron Radge photo
          Ron Radge
          Creative Director
        • Jac Chevalley photo
          Jac Chevalley
          Media and Communications Manager
      • Advisors

        • Michael Trainer
          Music and Blockchain Industry Advisor
        • John-Paul Thorbjornsen
          MasterNode Ventures Advisor
        • Jennifer Zanich
          Technology Start-up Advisor
        • Ed St John
          Music Industry Advisor
        • Matt Brown
          Audio Engineering Advisor
        • Jonathan Hooker
          General Advisor
        • Meg Dennis
          Strategy Advisor
        • David Werba
          Indie Artist and Blockchain Advisor
        • Daniel 'Kane Beatz' Johnson
          Industry and Artist Advisor - Hip Hop/R&B
        • Jordy van Oostveen
          Platform Growth Advisor - EU
        • Seth Cohen
          Artistic and Strategic Advisor

      Roadmap

      • Sep 2017
        Dsound

        Dsound.audio was released to the public. Dsound was an instant hit with the steemit community and within 3 months the site was getting over 100,000 monthly visits. Dsound remains one of the most developed blockchain music streaming platforms on the planet.

      • Jul 2018
        Emanate Demo

        Emanate will release a demo smart-collaboration tool and streaming platform that will allow artists to share and showcase their music. Demo tokens will be deployed.

      • Q3 2018
        MN8 Token Sale

        Planned to commence in July, the MN8 token sale is the first key event on the distribution phase of the Emanate token economy.

      • Oct 2018
        Technical Specification

        3 months after EOS mainnet launch to release our full technical specification. This is due to the experience that will need to be taken from the live environment before our technical path is clear

      • Q4 2018
        Token Integration

        Integration of MN8 tokens. More information coming soon.

      • Q1 2019
        Emanate Live Alpha

        Deployment of the Alpha streaming platform will see Emanate token integration and pay-per-play payments going to artists.

      • Q2 2019
        Partner Platform Integration

        Integration of wallet and payment gateway with partner platforms.

      • Q3 2019
        Emanate Live Beta

        Beta release of streaming platform with additional features such as playlist monetisation, embeddable player-widgets and more.

      • Q4 2019
        DAW Integration

        Deep exploration of DAW integration including ableton and FL Studio.

      • 2020
        Emanate Live 1.0

        Completed Emanate ecosystem with dual token economics, integrated with Native Studio applications. This production release will only by considered ready when it fully usable by music producers who know nothing about blockchain and cryptocurrency.

      Activity