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HomePRESS RELEASESStage Secures 24 Million in Funding to Transform the Music Industrys Future

Stage Secures 24 Million in Funding to Transform the Music Industrys Future

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Tortola, BVI, June 14th, 2024, Chainwire
Stage, a platform that is gearing up to release its $STAGE token on the BNB Chain, has unveiled a new way for music enthusiasts to directly shape the emergence of new talents and earn rewards in the process. This innovative platform merges talent, technology, and tokens to create a vibrant music ecosystem.

At Stage, both artists and fans actively participate in molding the future of music. Artists showcase their video performances and compete in thrilling rounds to climb the ladder to stardom. Fans play a pivotal role by voting for their favorite artists, with the potential to earn exclusive rewards and engage with unique Real World Asset (RWA) Badges. The groundbreaking business model ensures that artists receive 60% of the proceeds from votes cast for them, as well as 10% royalties on RWA Badges. Fans, on the other hand, are incentivized with Stage Badges for their support, making every interaction on the platform mutually beneficial.

The aim at Stage is simple: to empower music enthusiasts and artists, ensuring that everyone has a stake in the game. The vision is to construct a thriving community where every interaction enriches the journeys of both fans and artists.

Backed by prominent crypto entities like the Solana Foundation and key industry figures, including the CEO of Kraken US, Stage also receives support from RR2 Capital, Moonrock Ventures, and Cogitent, among others.

The formidable team behind Stage includes André Cruz, CEO and Co-Founder, a musician and e-commerce expert with three successful exits; Geoffrey Doyen, CTO and Co-Founder, who brings extensive AI experience from working with Fortune 500 companies; and Francisco Quartin de Macedo, COO and Co-Founder, who previously led a trading desk at blockchain.com.

In addition to its talented team, Stage has enlisted high-profile ambassadors, including celebrities with millions of followers, such as Jerry Heil, who secured Ukraine’s third place in Eurovision. These ambassadors help Stage reach a global audience and attract top-tier talent to the platform.

By incorporating Web 3.0 principles, Stage aims to ensure that both artists and fans are equitably compensated and deeply engaged. The platform’s unique features include:
– Play-to-Earn Model: Gamifying the user’s music experience and providing the opportunity to earn rewards.
– Real World Assets (RWAs): Allowing users to collect and trade digital badges tied to exclusive artist rewards.
– AI Music First: Enabling users to compete in AI music competitions and tokenize music samples, melodies, beats, and vocals.

The Token Generation Event (TGE) for $STAGE will be carried out through reputable launchpads ChainGPT, Decubate, and Eesee, with the goal of reaching a wide and invested audience to maximize the impact of the token launch.

Users can keep track of Stage’s progress by following them on Twitter and joining the Telegram community to be the first to receive updates and exclusive rewards.

Contact:
CTO & Co-Founder
Geoffrey Doyen
Stage Token Inc.
[email protected]

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