We are tackling this big and real world problem that is all too common in today’s saturated and fragmented music industry. Many existing and up-and-coming songwriters and performing artists face the difficulty in securing necessary funds to create, record, administer, distribute, and promote their work. Even when the funds are secured dealing with accounting is very time consuming, complicated, prone to errors and nearly impossible in the existing platforms.
What if we could provide a bottom-up, fair, and decentralized platform for creators and performers to secure funds, and at the same enable industry (e.g. labels, publishers, funds) and individuals (e.g. fans) to easily invest in artists they love?
Utopia Music challenges creators to research, ideate, test, and prototype a decentralised blockchain-based funding platform. The vision is to create a platform that will level the playing field for the investors and enable fan to actively support artists, while effectively solving complex problems that exists today.
In order to help rapid prototyping of the MVP (Minimum Viable Product), Utopia Music will provide access to parts for the platform that we are been actively developing. This will include both, production and/or mock APIs and data sets.
Utopia Music is on a mission to create an open platform which enables a new kind of ecosystem which dramatically increases the efficiency in the music industry, it will enable artists to create freely and for the entire industry to thrive economically. Utopia Music uses blockchain and AI to build tools that enrich collaboration, creation, and at the same time amplify financial returns for all participants in the music industry. Utopia Music is a multicultural team nearing 30 employees from 14 different nations. What unites us is an incredible passion for music, technology and culture.