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Decentralised audio streaming platform Tamago has launched the alpha model of its product.
The self-purported ‘Spotify killer’ is led by Clarian, an digital music producer, artist and early NFT adopter who reportedly minted the trade’s first-ever NFT music album, Whale Shark in 2021.
Tamago, we’re advised, goals to “open up direct and clear income fashions via a mixture of Web3 and NFT know-how.” The platform has additionally partnered with NEAR Protocol because the blockchain’s official music streaming resolution.
Customers can stream a spread of decentrally hosted music from underground dance music artists reminiscent of Turbo Information founder Tiga, Detroit’s powerhouse crew Visionquest, Man Gerber, and scene legends Michael Mayer and Man J.
In keeping with the founders, Tamago takes a non-invasive strategy to content material creator markets just like OpenSea and Patreon. This implies leaving curation to artists and fan-led playlists, specializing in P2P engagement and customisation of NFT gross sales and unique content material, zero-ads, and devoted liquidity assist swimming pools giving 100% of income again to artists.
Describing the platform as “Bittorrent meets Soundcloud for the subsequent technology of creative accountability,” Tamago alleges that “artists [will] at all times retain possession of their music and customers retain their knowledge and privateness.”
A full beta model of the positioning is ready to launch in March, the place artists will likely be in a position mint any monitor they add as an NFT immediately. Customers will then have the possibility to make a suggestion, purchase the monitor utilizing their built-in NEAR pockets, and break up royalties on the music primarily based on percentages set by the artist.
The beta model may also embody a premium subscription mannequin, the place followers can acquire entry to unique music, unreleased cuts and behind the scenes content material from their favorite artists for a price.
Clarian, Tamago’s co-founder stated, “We’re thrilled to accomplice with NEAR on our shared imaginative and prescient to harness the ability of Web3 and NFT tech to shake up mainstream airwaves. As an artist and music fan, I’ve at all times recognized there’s a higher resolution on the market for audio streaming outlined by transparency and consumer expertise as a substitute of company greed.”
“Tamago thrives on free market monetisation, aiming to place income again within the pockets of creators as a substitute of huge corporations like Spotify. We’re a platform by and for artists and their followers.”
Be taught extra at tamastream.io
