Music Streaming

About Rehegoo

Rehegoo Music Group is a music publisher specializing in producing and distributing of the work of up-and-coming artists.

Purpose

The aim of this cooperation is to solve artists’ problems caused by the arrival of the streaming platforms and the relate to copyright collective societies.

Aim of the project

This project started with the purpose to protect copyright applying the Blockchain technology and to find a solution for the following issues:

Why is blockchain so important for the music industry?

The music industry’s turnover is growing but artists are not make enough money

Millions of streams and views are required to ensure fair compensation for authors and rightsholders

Royalty collection companies prioritize their investments rather than remunerate artists

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Lack of control by rights protection agencies

In many countries there are not appropriate facilities to collect royalties

The lack of ability to evaluate at first IP by firms does not allow them to maximize profits

Advantages

These are the main solutions that Consulcesi Tech and Rehegoo aim to deal with:

Fair compensation for artists, which can upload music directly, regulated by a Smart Contract

Reliable payments for all parties involved thanks to Music Coin, a token that will be introduced in all payment transactions

Fairer and more user-friendly new infrastructure for the entire music industry

Community development composed by active users rewarded every time they vote for music content in the Music Space

Creation of new jobs and opportunities for up-and-coming artists