back

Harnessing the Power of NFTs: Voice Street’s Journey into Web3 Music Industry

July 3, 2024
Altcoins
5 min

Voice Street is revolutionizing the music industry with a novel approach to Web3.0 on-chain infrastructure that taps into the burgeoning NFT market. The platform aims to fractionalize music rights, allowing artists and their fan bases to engage in ways never seen before. Embracing the true potential of NFTs, Voice Street enables the staking of music ownership into tradable tokens. These tokens generate yields from streaming revenues, thereby offering a multi-tiered revenue model for music IPs. Whether it’s through online concerts, tokenized game items, or celebrity-branded virtual identities, Voice Street is poised to redefine how we consume and interact with music content in the digital world.

What is Voice Street?

Voice Street is a cutting-edge music-based NFT platform designed to build Web3.0 on-chain infrastructure for intellectual properties. The platform primarily focuses on music rights, artist-related IPs, music derivative NFTs, and NFT gamification. By leveraging blockchain technology, Voice Street aims to solve the problem of a single source of music IP cashing and poor cashing ability through the multiple development of music IP derivative value.

Key Features of Voice Street

  1. Fractionalization of Music Rights: Music rights and ownerships can be fractionalized into NFTs. These NFTs can be staked on the Voice Street platform to earn yields generated by streaming platforms. This innovative approach allows artists to monetize their music in new and exciting ways.

  2. NFT Gamification: Voice Street uses gamification to engage artists and their fan bases. This includes live house online concerts, DAO communities, tokenized game items, and celebrity IP co-branded virtual identities. These features create additional monetization opportunities for artists and provide fans with unique and immersive experiences.

  3. DeFi Integration: By integrating with the DeFi space, Voice Street attracts users who are interested in earning yields through staking. The platform redistributes yields generated by streaming platforms to the staking pool, providing a steady stream of income for users.

  4. Community Engagement: Voice Street fosters a strong community by offering various ways for fans to support their favorite artists. This includes purchasing NFT products, participating in online concerts, and engaging in the DAO community.

The Voice Street Token (VST)

The Voice Street (VST) token is the native currency of the Voice Street platform. It serves multiple purposes within the ecosystem, including:

  • Staking: Users can stake their VST tokens to earn yields generated by streaming platforms.
  • Access to Features: VST tokens provide access to exclusive features and services within the Voice Street ecosystem.
  • Investment: While primarily a utility token, VST can also serve as an investment instrument for users who expect a return on their investment through potential appreciation in the value of the token over time.

Tokenomics and Distribution Model

The Voice Street tokenomics and distribution model are designed to ensure a fair and balanced allocation of tokens among various stakeholders. The total supply of VST tokens is 2,000,000,000, with a self-reported circulating supply of 50,833,328 VST. The distribution model includes allocations for the project team, investors, advisors, partners, and the community.

Inflation Control Mechanisms

To control inflation and maintain the value of the VST token, Voice Street implements several mechanisms, including:

  • Token Burning: Periodically removing tokens from circulation to increase scarcity.
  • Staking Rewards: Distributing new tokens as rewards for staking, incentivizing long-term holding and reducing the circulating supply.

The Team Behind Voice Street

Voice Street is backed by a team with extensive experience in music, blockchain, and technology. The core team members include:

  • Jason Zhang: Founder and CEO, with a background in music production and blockchain projects.
  • Michael Chen: CTO, responsible for the technical development of the platform.
  • Emily Wang: COO, overseeing operational management.
  • David Lee: CMO, handling marketing and branding.
  • James Wu: CSO, ensuring legal and regulatory compliance.

The team also includes various advisors and partners with expertise in music, blockchain, and technology, committed to building a decentralized music ecosystem that empowers musicians and fans alike.

Market Data

As of the latest data, the VST token has the following market statistics:

  • Current Price: $0.0080
  • Market Cap: $0.00
  • 24h Price Change: 4.38%
  • 7d Price Change: -5.68%
  • 30d Price Change: 18.60%
  • 24h High: $0.0081
  • 24h Low: $0.0077
  • All-Time High: $0.1276 (2022-07-29)
  • All-Time Low: $0.0013 (2023-02-22)
  • Circulating Supply: 0.00
  • Total Supply: 2,000,000,000.00

Social Media Presence

Voice Street maintains an active presence on social media platforms to engage with its community and keep users informed about the latest developments:

Conclusion

Voice Street is at the forefront of revolutionizing the music industry by leveraging the power of NFTs and blockchain technology. By fractionalizing music rights and integrating with the DeFi space, the platform offers a multi-tiered revenue model for artists and provides fans with unique and immersive experiences. With a strong team and innovative features, Voice Street is poised to redefine how we consume and interact with music content in the digital world.

Whether you are an artist looking to monetize your music in new ways or a fan seeking unique experiences, Voice Street offers a comprehensive platform that bridges the gap between traditional music and the digital future. Join the Voice Street community today and be part of the next evolution in the music industry.

Share this article
contest

Voice Street is revolutionizing the music industry with a novel approach to Web3.0 on-chain infrastructure that taps into the burgeoning NFT market. The platform aims to fractionalize music rights, allowing artists and their fan bases to engage in ways never seen before. Embracing the true potential of NFTs, Voice Street enables the staking of music ownership into tradable tokens. These tokens generate yields from streaming revenues, thereby offering a multi-tiered revenue model for music IPs. Whether it’s through online concerts, tokenized game items, or celebrity-branded virtual identities, Voice Street is poised to redefine how we consume and interact with music content in the digital world.

What is Voice Street?

Voice Street is a cutting-edge music-based NFT platform designed to build Web3.0 on-chain infrastructure for intellectual properties. The platform primarily focuses on music rights, artist-related IPs, music derivative NFTs, and NFT gamification. By leveraging blockchain technology, Voice Street aims to solve the problem of a single source of music IP cashing and poor cashing ability through the multiple development of music IP derivative value.

Key Features of Voice Street

  1. Fractionalization of Music Rights: Music rights and ownerships can be fractionalized into NFTs. These NFTs can be staked on the Voice Street platform to earn yields generated by streaming platforms. This innovative approach allows artists to monetize their music in new and exciting ways.

  2. NFT Gamification: Voice Street uses gamification to engage artists and their fan bases. This includes live house online concerts, DAO communities, tokenized game items, and celebrity IP co-branded virtual identities. These features create additional monetization opportunities for artists and provide fans with unique and immersive experiences.

  3. DeFi Integration: By integrating with the DeFi space, Voice Street attracts users who are interested in earning yields through staking. The platform redistributes yields generated by streaming platforms to the staking pool, providing a steady stream of income for users.

  4. Community Engagement: Voice Street fosters a strong community by offering various ways for fans to support their favorite artists. This includes purchasing NFT products, participating in online concerts, and engaging in the DAO community.

The Voice Street Token (VST)

The Voice Street (VST) token is the native currency of the Voice Street platform. It serves multiple purposes within the ecosystem, including:

  • Staking: Users can stake their VST tokens to earn yields generated by streaming platforms.
  • Access to Features: VST tokens provide access to exclusive features and services within the Voice Street ecosystem.
  • Investment: While primarily a utility token, VST can also serve as an investment instrument for users who expect a return on their investment through potential appreciation in the value of the token over time.

Tokenomics and Distribution Model

The Voice Street tokenomics and distribution model are designed to ensure a fair and balanced allocation of tokens among various stakeholders. The total supply of VST tokens is 2,000,000,000, with a self-reported circulating supply of 50,833,328 VST. The distribution model includes allocations for the project team, investors, advisors, partners, and the community.

Inflation Control Mechanisms

To control inflation and maintain the value of the VST token, Voice Street implements several mechanisms, including:

  • Token Burning: Periodically removing tokens from circulation to increase scarcity.
  • Staking Rewards: Distributing new tokens as rewards for staking, incentivizing long-term holding and reducing the circulating supply.

The Team Behind Voice Street

Voice Street is backed by a team with extensive experience in music, blockchain, and technology. The core team members include:

  • Jason Zhang: Founder and CEO, with a background in music production and blockchain projects.
  • Michael Chen: CTO, responsible for the technical development of the platform.
  • Emily Wang: COO, overseeing operational management.
  • David Lee: CMO, handling marketing and branding.
  • James Wu: CSO, ensuring legal and regulatory compliance.

The team also includes various advisors and partners with expertise in music, blockchain, and technology, committed to building a decentralized music ecosystem that empowers musicians and fans alike.

Market Data

As of the latest data, the VST token has the following market statistics:

  • Current Price: $0.0080
  • Market Cap: $0.00
  • 24h Price Change: 4.38%
  • 7d Price Change: -5.68%
  • 30d Price Change: 18.60%
  • 24h High: $0.0081
  • 24h Low: $0.0077
  • All-Time High: $0.1276 (2022-07-29)
  • All-Time Low: $0.0013 (2023-02-22)
  • Circulating Supply: 0.00
  • Total Supply: 2,000,000,000.00

Social Media Presence

Voice Street maintains an active presence on social media platforms to engage with its community and keep users informed about the latest developments:

Conclusion

Voice Street is at the forefront of revolutionizing the music industry by leveraging the power of NFTs and blockchain technology. By fractionalizing music rights and integrating with the DeFi space, the platform offers a multi-tiered revenue model for artists and provides fans with unique and immersive experiences. With a strong team and innovative features, Voice Street is poised to redefine how we consume and interact with music content in the digital world.

Whether you are an artist looking to monetize your music in new ways or a fan seeking unique experiences, Voice Street offers a comprehensive platform that bridges the gap between traditional music and the digital future. Join the Voice Street community today and be part of the next evolution in the music industry.

Want to see why this token scored 0/100?