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Stage, A New Music-Only Platform Raises $2.4M To Drive Innovation In Music Landscape


Music-Only Platform

June 14, 2024


Stage, a new music-only platform, has secured $2.4M in investment to initiate a path of change and novelty. The funding is intended to redefine the music landscape by integrating cutting-edge technologies and innovative business strategies, improving user engagement, and nurturing artistic expression. With this financial backing, Stage is well-positioned to influence the music industry profoundly, guiding its path towards expansion and progression.

Project

Latest Raise

Latest Raise Date

Stage

Total Raise

Category

Stage

$2.4M

June 14, 2024

Strategic

$2.4M

X-to-Earn

Stage, with its upcoming $STAGE token on the BNB Chain, is introducing a platform where music enthusiasts can directly contribute to the success of emerging artists and receive rewards in return. This platform merges skill, technology, and tokens to establish a vibrant music environment.


About Stage

Stage is a platform where both artists and fans actively contribute to the evolution of music. Here, artists showcase their talents through video performances and engage in thrilling competitions to achieve fame. Fans have a vital role, as they vote for their preferred artists, potentially earning unique rewards and interacting with distinctive Real World Asset (RWA) Badges. The platform's innovative business model guarantees that artists receive 60% of the income from the votes they receive, along with 10% royalties on RWA Badges. In return, fans are rewarded with Stage Badges for their support, ensuring a mutually beneficial experience for all involved.


The objective of Stage is clear: to empower both music enthusiasts and artists, making sure everyone benefits. The aim is to cultivate a vibrant community where every interaction enhances the journey of both fans and artists.


With the backing of leading crypto organizations such as the Solana Foundation and influential industry figures, including the CEO of Kraken US, Stage also receives support from RR2 Capital, Moonrock Ventures, and Cogitent, among others.

X Followers today: 92,235

 

About Investor

This Funding is backed by Revenue Capital, AlfaCatalyst, ChaiTech Ventures, 4am Capital, Castrum Istanbul, Cogitent Ventures, Kangaroo Capital, Solana Ventures, Lavender Capital, Synapse Network, Moonrock Capital, Blockchain Association, RR2Capital, GAINS Associates


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