VOXXO is focused on opening a music sector, which is a significant area in the real world. VOXXO has come up with creative ideas in the industry of music through the platform of the blockchain. This platform has a perception of changing the means through which music is delivered. The music sector will be able to act as per the needs of the people if the society can remove the pressures that are still persisting in the industry of music.
By using the App of VOXXO, any person can listen to his/her favorite music. You don’t need to pay a subscription fee if you want to listen to songs using this application. All you have to do is to purchase the listening hours. There is no limit on the number of hours purchased.
You can buy these listening hours by using cryptocurrencies. If you make a purchase by using VOXXO tokens, then you can get a bonus. If you don’t purchase the listening hours, then you can listen to the songs for free and that to be without any limit. Additionally, you can watch live concerts anywhere in the world using this application. You can also purchase music albums through cryptocurrencies.
VOXXO has introduced a new concept in the industry of music i.e. live concert platforms. This unique innovation of VOXXO makes it different from every other competitor that makes use of the blockchain technology. The holders of the VOXXO tokens can manage and organize concerts and events through a platform of live events. This idea gives the ability to the community to generate revenues from the platform of VOXXO. If the event runs successfully, then VOXXO will give the funds back to the investors, along with the profit generated from those events.
The VOXXO platform enables performers and musicians to receive their license from VOXXO. They can do it by following two different methods. They can apply to the music catalogs of VOXXO with their songs as well as albums.
If the community gives an approval to the musicians, then they can earn their income from every listener. License holders, such as PRS, ASCAP, and BMI, can enter into an agreement with VOXXO as their partners to get revenue in the form of cryptocurrencies. This will enable performers and musicians across the globe to generate revenue from their albums and songs at an international level without getting indulged in any complicated agreements.
In its process of live events, VOXXO announces five different bands and locations of the concert for its live concerts. The holders of VOXXO tokens get a chance to vote and choose one location and musician. The number of votes will be equal to the tokens of VOXXO present in your wallet.
The second step is funding, where VOXXO will enter into a pre-contract with a musician or band to arrange an event on a particular location. VOXXO also makes an announcement about the budget and the date of the concert if the performer is available. If the performer is not available, then VOXXO will select the next best artist or performer. If you want to know more about VOXXO and its platform of live concerts, then read its whitepaper.