Stage secures 24M in funding to transform the music industrys future
Tortola, BVI, June 14th, 2024 – Chainwire
Stage, a platform launching soon on the BNB Chain with its $STAGE token, is revolutionizing the music industry by allowing fans to directly influence the success of emerging artists and be rewarded for their support. This innovative platform merges talent, technology, and tokens to create a dynamic music ecosystem where artists and fans collaborate to shape the future of music.
At Stage, artists showcase their video performances and compete in thrilling rounds to climb the ranks of stardom. Fans play a vital role by voting for their favorite artists, potentially earning exclusive rewards and interacting with unique Real World Asset (RWA) Badges. The platform’s unique business model ensures that artists receive 60% of the proceeds from votes cast for them, as well as 10% royalties on RWA Badges. Fans are also rewarded with Stage Badges for their support, making every interaction on the platform mutually beneficial.
The mission of Stage is clear: to empower both music fans and artists, ensuring that everyone has a stake in the success. The vision is to cultivate a vibrant community where every interaction enriches the journeys of fans and artists alike.
With support from prominent crypto entities like the Solana Foundation and industry leaders such as the CEO of Kraken US, Stage has also garnered backing from RR2 Capital, Moonrock Ventures, and Cogitent, among others.
The dynamic team behind Stage, led by CEO and Co-Founder André Cruz, CTO and Co-Founder Geoffrey Doyen, and COO and Co-Founder Francisco Quartin de Macedo, is a powerhouse of talent with diverse expertise in music, AI, and blockchain.
Stage has enlisted high-profile ambassadors, including celebrities like Jerry Heil, who placed 3rd in Eurovision for Ukraine, to help amplify its mission and attract a global audience and top-tier talent to the platform.
By integrating Web 3.0 principles, Stage ensures that both artists and fans are fairly compensated and deeply engaged. The platform’s unique features include a Play-to-Earn Model, Real World Assets (RWAs) for collecting and trading exclusive artist rewards, and AI music competitions for users to tokenize music samples, melodies, beats, and vocals.
The Token Generation Event (TGE) for $STAGE will be launched through reputable platforms like ChainGPT, Decubate, and Eesee to reach a broad and invested audience, maximizing the impact of the token launch.
To stay updated on Stage’s journey, follow them on Twitter and join their Telegram community for the latest updates and exclusive rewards.
Contact:
Geoffrey Doyen
CTO & Co-Founder
Stage Token Inc.
[email protected]
