Blockchain Music Platform Emanate Teams With Vampr To Allow Artists To Monetize Their Projects

Blockchain, Innovation, News | February 11, 2019 By:

Blockchain-based audio exchange protocol Emanate has teamed with social and professional mobile platform Vampr to foster global musical collaboration.

Founded by Blockchain Music, Emanate is a decentralized music technology platform that is utilizing the new EOS.IO decentralized software to create an ecosystem that will significantly improve music industry inefficiencies, creating more opportunities for artists to turn their dreams into reality. The company’s goal is to become an alternative ecosystem for parts of the wider $1 trillion music industry.

Based in Los Angeles, Vampr is a location-based social and professional mobile platform which facilitates music discovery, networking and communication between musicians, music industry professionals and music fans. The platform has over 500,000 users in 196 countries. As of November 2018, the app has facilitated over 3.5 million professional connections worldwide.

Under the partnership, Vampr users will be able to protect the value of their work and monetize their projects through the Emanate Smart Collaboration, a blockchain-based smart contracts designed for musicians that will add transparency and trust, protecting musicians and radically shortening the time it traditionally takes to get paid when music is used or played. Smart collaborations will also enable artists to quickly exchange files, projects and simple contracts to protect themselves in their day-to-day collaboration workflow.

“Smart Collaborations are plain-language base agreements that allow musicians all over the world who don’t know each other to work together, with transparency and trust on all sides,” sadi Sean Gardner, CEO of Blockchain Music (Emanate). “Vampr has already helped create nearly 4 million connections within the music industry. Working with Vampr, we can offer those artists a new way of sharing and monetizing their work, while ensuring that all artists will be paid fairly for their work.”

“The support for Vampr from our industry colleagues has been incredibly encouraging, but what’s been most gratifying is this sprawling creative universe we’ve watched spring up between hundreds of thousands of users, making new music and forging new projects that might otherwise never have happened,” said Josh Simons, co-founder, and CEO of Vampr. “We can’t wait to see them begin to monetize these collaborations with Emanate.”