Stage Secures 24M Funding to Transform the Music Industry
Tortola, BVI, June 14th, 2024, Chainwire – Stage, a platform with its upcoming $STAGE token launch on the BNB Chain, introduces a new way for music fans to directly influence the emergence of rising stars and be rewarded for their participation. This innovative platform brings together talent, technology, and tokens to create a vibrant music ecosystem.
At Stage, artists and fans play an active role in shaping the future of music. Artists can upload their video performances, compete in thrilling rounds to climb the ladder to stardom, while fans can vote for their favorite artists, potentially earning exclusive rewards and engaging with unique Real World Asset (RWA) Badges. The platform’s innovative business model ensures that artists receive 60% of the proceeds from votes, as well as 10% royalties on RWA Badges. Fans, on the other hand, are rewarded with Stage Badges for their support, making every interaction on the platform mutually beneficial.
The mission of Stage is clear: to empower music fans and artists, ensuring that everyone involved benefits. The vision is to create a flourishing community where every interaction enriches the journeys of both fans and artists.
With backing from leading crypto entities such as the Solana Foundation and prominent industry figures, including the CEO of Kraken US, Stage also receives support from RR2 Capital, Moonrock Ventures, and Cogitent, among others.
The dynamic team behind Stage includes André Cruz, CEO and Co-Founder, a successful musician and e-commerce expert with multiple exits; Geoffrey Doyen, CTO and Co-Founder, who brings extensive AI experience from Fortune 500 companies; and Francisco Quartin de Macedo, COO and Co-Founder, who previously led a trading desk at blockchain.com.
Stage has attracted notable ambassadors, including high-profile celebrities with millions of followers like Jerry Heil, who achieved 3rd place in Eurovision for Ukraine. Their influence helps Stage reach a global audience and attract top talent to the platform.
By incorporating Web 3.0 principles, Stage aims to ensure fair compensation and deep engagement for both artists and fans. The platform’s unique features include a Play-to-Earn Model, Real World Assets (RWAs) for collecting and trading digital badges, and AI Music First competitions for tokenizing music elements.
The Token Generation Event (TGE) for $STAGE will be carried out through reputable launchpads ChainGPT, Decubate, and Eesee to reach a broad and invested audience.
To stay updated on Stage’s journey, users can follow on Twitter and join the Telegram community for the latest updates and exclusive rewards.
Contact:
Geoffrey Doyen
CTO & Co-Founder
Stage Token Inc.
[email protected]