What you'll learn 👉
Introduction
Voise is a decentralized music streaming and downloading platform that aims to monetize independent artists. Their business model distributes 100% of the revenue to the artists. They want to build an anonymous and decentralized platform using Ethereum’s blockchain technology and a personalized token to fit the platform needs.
Voise guarantees anonymous transactions and a high degree of security.
The use of a peer-to-peer market allows the musicians to price their own songs.
In addition, free pieces can be offered to convince customers of their own qualities. The platform’s strong community also offers the artists feedback.
The developers highlight four basic functions. Decentralized uploading of music via the peer-to-peer network.
Decentralization prevents illegal downloading of music and makes it virtually impossible to hack the network. In addition, payment with crypto currencies is also possible.
The Voise Coins combine different cryptocurrencies and allow the inexpensive and immediate payment of music.
Furthermore, the platform can be used by everyone. The developers want music to be accessible to all users and everyone in the world to be able to search and listen to music at any time.
The music is used via streaming.
The advantage for artists is that all realized income flows directly to their own wallet without withholding commissions.
How does Voise platform work?
At current state, the platform itself works like a wallet, you can either transfer your funds to accelerate the purchase of content at the expense of paying double the amount of gas since it needs two transactions instead of one or sending the required amount directly to the artist, this will require you to access your wallet and manually make the transaction.
The VOISE platform revolves around the use of Voisiums, or VSM tokens that are used to buy content through the platform.
The tokens are based on Ethereum’s smart contract technology and use the ERC-20 standard. Users are free to store tokens on their personal desktop wallet, any web-based wallet, or the VOISE platform in order to speed up the process of purchasing content.
A total of 825,578 tokens were distributed through the VOISE ICO.
Basically, the function of Voise Coin is kept simple. Artists can upload music to the network. The uploaded data is then made available via the peer-to-peer network.
Users then have the opportunity to find music by browsing based on their personal preferences.
In order to make the found music available, micro-transactions are made with VOISE coin, which become visible on the blockchain.
The verified transactions then flow directly to the artists without the high commissions charged by the provider.
Team behind VOISE
- Ivan Rossetti: Founder, CEO.
- Isaac Rodríguez: Co-founder, Backend Developer.
- Ying Hao Chen: UI/UX designer.
- Jayanand Sagar: Head of Development Team, Business Advisor.
- Jonathan Millet: Business/Marketing Advisor.
Conclusion
VOISE plans to beat its competitors by creating a platform where independent artists get 100% of the profits. It cuts out middlemen and delivers music through a P2P system.
You can’t buy it directly for fiat on any exchange. You can choose the best coin exchange for your region and buy BTC there, then trade it for VOISE on exchanges. Read here how you can quickly convert other coins to bitcoin and the other way around.
Our recommendation is always check if Coinbase is available for your country and buy there – as it is by far the safest and best regulated bitcoin exchange. Coinbase is trustworthy and has acceptable fees and it is a leading platform for buying BTC.
If Coinbase doesn’t support your country, use Cex.io – read how Cex.io works – it is a good Coinbase alternative. Coinmama is also safe exchange for buying cryptocurrencies – click here to visit Coinmama.
If your country is not available on Coinbase – check for best Coinbase alternatives (such as Cexio and Indacoin – see here Indacoin exchange review) and buy BTC on one of those exchanges. You can always exchange your coins on Changelly (see if Changelly is legit place to trade crypto), instantly and directly to bitcoin.
Best and safest option to store your coins is to download an official coin wallet and store it on a hardware wallet (if it is supported) – our recommendation is just go and buy Ledger Nano S or Trezor Wallet
or KeepKey
, those are the safest options. You can read our articles on how to use Ledger Nano S wallet and where to buy it and Trezor Wallet Review or check out other top hardware bitcoin wallets here. You can also create a paper wallet – learn here more about crypto wallets. We have also compared top 3 hardware wallets: Ledger vs Trezor vs KeepKey.
