Thanks for introducing this. Very interesting.
I do like their idea, but I did not like the fact that they did not
mention
Bandcamp. Comparing to Spotify is fairly easy, but Bandcamp does not have
a
subscription model. How do they compare to Bandcamp? I mean, I am selling
something at Bandcamp and the good thing about it is that the price is not
fixed.
Either way, I am very much willing to try them.
IIUC they are planning to expand the pricing options after they have
solidified the core stream2own model.
In terms of comparing to Bandcamp I think the services are mutually
compatible. Bandcamp offers a viable sales model and is doing a lot for
indie artists/producers. They are also actively monitoring hte progress
and will most likely adopt the stream to own model if they see it working
out with Resonate.
The stream2own model hasn't been fully proven yet so it's a bit hard to
say how it will stack up against Bandcamp earnings. The main point is that
the option is now available for artists and producers to join in the fun
and find out for themselves.
On Tue, Mar 28, 2017 at 10:46 PM, Patrick Shirkey <
pshirkey(a)boosthardware.com> wrote:
Hi,
Bigups to @NovaDeviator
Some of you might be interested in a new distribution system for your
music based on the #stream2own mechanism.
http://resonate.is
#stream2own aims to give listeners and artists a fair deal. Each paid
stream cost exponentially more upto the 9th stream and then the track is
owned by the listener and they can download the track or stream for
free.
A fully paid track costs E1.25.
Artists who upload tracks get access to the beta program to start
earning
credits immediately.*
Resonate is a co-op where all the shareholders get one vote independent
of
the number of shares owned AND artists, fans are also eligible for a
share
of the profits. It's a new paradigm for music distribution where the
goal
is to fairly reimburse artists/producers for their hard work instead of
enabling a few board members to get 6 figure salaries and private
yachts/jets/etc...
* Artists earn 70% of every paid stream of their tracks. have voting
rights and also get access to a portion of the total profits.
--
Patrick Shirkey
Boost Hardware Ltd
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http://www.louigiverona.com/
--
Patrick Shirkey
Boost Hardware Ltd