Partnership with Stage
Dyor Exchange is thrilled to report that we are officially partnered with Stage - a new music-only platform. Stage is a platform that revolutionizes the music industry by combining the thrill of TV talent competitions with a gamified user experience and a unique play-to-earn model.
The slogan of the project is “The stars of tomorrow will be born on Stage”! With the help of cutting-edge Web 3 technology, Stage is developing a completely new business model that allows new artists to become known to a broader audience and monetize their success.
Key Highlights
Stage has over 13 million followers via signed ambassador deals.
$1.4M raised, from VCs such as Cogitent Ventures, RR2 Capital, Moonrock Capital, Synapse Network, and individuals such as Heath Wells, Co-Founder of NuOrder.
Key Features
200+ artists and 43K users were already on Stage’s iOS app before the official mainstream launch.
The platform is designed by Erik Herrström, Spotify’s former Brand Design Director.
Impressive number of over 300 Key Opinion Leaders (KOLs) joined the community, including CryptoRand, ThatMartiniGuy, Incrypted, AltCryptoGems, and Axel Blaze.
Unique Value Proposition
Stage wants to transform the music industry by combining Idol-style captivating music competitions with SocialFi. That way fans will influence artists’ success while earning Real World Assets (RWAs) as tangible stakes in their careers.
Stage platform adopts on-chain votes and transactions, digital collectibles, in-app purchases, and potentially large-scale publishing deal commissions — both with token buy-back and burn.
Stage is the first platform to utilize AI music. Stage introduces AI music competitions which have 3 stages:
1. Artists upload video performances to compete in round-based competitions.
2. Fans pay to vote for their favorite artists and win stage badges: unique digital collectibles, packed with exclusive prizes.
3. Artists get 60% profits (BMG partnership) of the proceeds spent voting for them.
Tokenomics
Stage tokens FDV is $10 billion, while a fully diluted market cap is $12.5 million.
Details:
Token Ticker: TBA
Token Price: $0.001
Network: BSC
Total Allocation: $50,000
Total Tokens Allocation on SidusPad: 50,000,000
Minimum Participation Tier: Ruby
Refund Policy: 0 days
TGE: 5% Unlock
Cliff: 3 months
Vesting: 12 months
Listing target: Q3, 2024 (TBC)
We are looking forward to starting our cooperation with Stage and welcoming them on board with Dyor Exchange. We will update you once their token launches and any subsequent activations with their community.