Music Streaming App (DSP)

Understanding DSP: A Key Player in the Music Industry

In today's digital age, the music industry has undergone a significant transformation. With the advent of technology and the rise of online music consumption, Digital Service Providers (DSPs) have emerged as pivotal players in the distribution and monetization of music. DSPs are platforms that enable users to stream, download, and access digital music content. These platforms have revolutionized how people discover and enjoy music, providing artists with a broader exposure and new revenue streams. Let's delve into the world of DSPs to understand their role, impact, and importance in shaping the modern music landscape.

What is a DSP?

A Digital Service Provider (DSP) is a company or platform that delivers digital content, including music, to consumers. These providers enable users to access music through various mediums such as streaming services, download platforms, and online music stores. Leading DSPs include popular names like Spotify, Apple Music, Amazon Music, and YouTube Music amongst others. They act as intermediaries between content creators (artists, record labels, and distributors) and music enthusiasts, bridging the gap between supply and demand in the digital music realm.

The Role of DSPs in the Music Industry

DSPs have redefined the way music is consumed, allowing fans to access vast catalogs of songs at their fingertips. These platforms offer on-demand streaming services that provide instant access to millions of tracks across different genres, eras, and languages. By leveraging algorithms and user data, DSPs curate personalized playlists, recommendations, and discovery features, enhancing the overall music-listening experience.

For artists and music creators, DSPs offer a direct route to a global audience, eliminating the need for traditional physical distribution methods. Independent musicians can benefit from the accessibility and reach that DSPs provide, enabling them to showcase their talent on a global stage.

DSPs continual to domination of the way we interact with listening to music is further illustrated by D. Currey’s 2023 Music App Report 2023 in the charts provided below.

RECORDIAN Music Streaming App

Set to revolutionize the music industry, the RECORDIAN Music Streaming App, is where artists can take full control of their content and earn more, while fans can discover new music and earn rewards through our innovative Listen2Earn feature.

Our platform is designed to empower artists by providing them with a decentralized music streaming app that offers unparalleled control over their content. With our unique technology, artists can easily monetize their music and earn more revenue, while also gaining exposure to new audiences.

Meanwhile, our Listen2Earn feature rewards fans for listening to music, incentivizing them to explore new artists and support their favorites. Also the innovative Listen2Earn feature drives mass onboarding and adoption, creating a vibrant and engaged community of music lovers. Furthermore, RECORDIAN’s ad-supported listening experience will be powered by the RECORDIAN Ad Studio.

RECORDIAN will serve as a hub for those wanting to enter the music industry without being dictated by big record labels or studios.

Artist Music Streaming Revenue Transparency

The RECORDIAN Music Streaming App allows artists to adopt blockchain to a whole new level.

Artist onboarding is seamless and enables the platform to calculate artist commissions and royalties from stream revenue and metrics. RECORDIAN tracks all music streams of an artist’s catalogue through their unique artist ID after verification.

Our blockchain-based payment system, cuts out intermediaries, thus creating a trust-less reward system that cannot be manipulated by any entity or person. This ensures all artists get paid fairly, and the exact amount per stream stated by the platform.

Distribution Company Partnerships

RECORDIAN will have partnerships with music distribution companies and record labels as we can onboard big catalogs of music from major and independent artists on the RECORDIAN music streaming app. Having both mainstream and independent artists on a platform further drives mass user onboarding.

Distribution platforms such as CD-Baby, for example, manage artist royalties by associating them with their music catalog originating from RECORDIAN Music streams.

Rewards Points System

All artists will earn points per stream, with each point representing a monetary value. These points once reaching the claimable threshold can be claimed and converted to $ETH.

All users utilizing the Listen2Earn feature will earn points per stream + advert, with each point representing a monetary value. These points once reaching the claimable threshold can be claimed and converted to $ETH.

Redeeming Points

Users can redeem points by accessing the regards section within the RECORDIAN Music Streaming App (Mobile, Desktop, or Web platform). The redeem call-to-action button opens a modal window to start the claiming process.

Converting points to $ETH

After authenticating with your wallet, points will be converted and rewarded as $ETH to the user's wallet.

RECORDIAN Artist Revenue

RECORDIAN provides higher streaming revenue and full transparency for all artists. All artists are eligible for $0.005 per stream. And by purchasing one of the RECORDIAN MIC NFTs artists can earn even higher streaming revenue and more incentives.

Artists can claim / redeem points when the monetary value is equivalent to $100 worth.

RECORDIAN Genesis MIC NFTs

The RECORDIAN Genesis MIC NFTs are an exclusive limited-edition collection of 10,000 unique NFTs.

With the purchase of a RECORDIAN Genesis MIC NFT, artists will gain access to a host of exciting utilities and benefits. Earn $0.008 per stream, ensuring substantial rewards for your creative efforts, amounting to $8,000 per million streams.

Additionally, this exclusive NFT comes with an array of privileges, including Tier 1 Streaming Rewards, granting artists VIP Discord access, eligibility for the RECORDIAN Awards Show nomination, and the opportunity to be considered for RECORDIAN World Tour Shows, subject to location. Furthermore, more incentives will be added in the future

RECORDIAN MIC NFTs

The RECORDIAN MIC NFTs are an unlimited collection of NFTs.

With the purchase of a RECORDIAN MIC NFT, artists will gain access to a host of exciting utilities and benefits. Earn $0.007 per stream, ensuring substantial rewards for your creative efforts, amounting to $7,000 per million streams.

Additionally, this exclusive NFT comes with an array of privileges, including Tier 2 Streaming Rewards, granting artists VIP Discord access, eligibility for the RECORDIAN Awards Show nomination, and the opportunity to be considered for RECORDIAN World Tour Shows, subject to location. Furthermore, more incentives will be added in the future

Listen2Earn (L2E)

At RECORDIAN, we believe that every listener should be rewarded for their genuine passion for music.

The RECORDIAN Listen2Earn feature rewards fans for listening to music, incentivizing them to explore new artists and support their favorites. To gain access to the Listen2Earn feature, within the music streaming app, users must purchase one of the RECORDIAN Headphone NFTs.

This innovative feature drives mass onboarding and adoption, most importantly, artist discovery, which helps new artists to be discovered.

RECORDIAN Headphone NFTs

Buying a RECORDIAN Headphone NFT gives users access to our Listen2Earn feature and more incentives.

Stream rewards are based on the average amount of songs listened to by the average person, as data from the International Federation of the Phonographic Industry (IFPI) indicates that an average person listens to 18.4 hours of music per week. This calculates to 368 3-minute tracks per week or 1,472 tracks per month.

During onboarding, a new user can either subscribe to premium (non-ad access, premium features), opt-in to Listen2Earn by purchasing a Headphone NFT of their choice, or a standard account with ad-assisted streams and no form of earning.

RECORDIAN Genesis Headphone NFT

The RECORDIAN Genesis Headphone NFTs are an exclusive limited-edition collection of 10,000 NFTs.

With the RECORDIAN Genesis Headphone NFTs, users can earn $0.021 per stream + advert, ensuring great rewards for their engagement on the platform, with earnings capped at $30 per month.

Additionally, these exclusive NFTs come with an array of privileges, including Tier 1 L2E Rewards, granting Listeners VIP Discord Access, and discount on RECORDIAN merch and live events. Furthermore, more incentives will be added in the future.

RECORDIAN OG Edition Headphone NFT

The RECORDIAN OG Edition Headphone NFTs are an exclusive limited-edition collection of 15,000 NFTs.

With the RECORDIAN OG Edition Headphone NFTs, users can earn $0.014 per stream + advert, ensuring great rewards for their engagement on the platform, with earnings capped at $20 per month.

Additionally, these exclusive NFTs come with an array of privileges, including Tier 2 L2E Rewards, granting Listeners VIP Discord Access, and discount on RECORDIAN live events. Furthermore, more incentives will be added in the future.

RECORDIAN Headphone NFT

The RECORDIAN Headphone NFTs are a collection of unlimited NFTs.

With the RECORDIAN Headphone NFTs, users can earn $0.007 per stream+advert, ensuring great rewards for their engagement on the platform, with earnings capped at $10 per month.

Additionally, these exclusive NFTs come with an array of privileges, including Tier 2 L2E Rewards, granting Listeners VIP Discord Access, and discount on RECORDIAN live events. Furthermore, more incentives will be added in the future.

RECORDIAN Premium Plan

RECORDIAN’s Premium Plan grants you ad-free streaming, to elevate your music streaming experience. Furthermore, access to an extensive library of tracks, the ability to create and curate custom playlists, stream across multiple devices, block explicit content, and offline listening.