Juno Network

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Proposal Details

Proposal #93

Rejected

Proposal title

Community Spend Proposal for AmigoSound Project

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

81.72%

Proposal #93 description

Community Spend Proposal for AmigoSound Project

Please read the full-length AmigoSound proposal:

Gitbook Proposal Link

AmigoSound Links: Linktree

Commonwealth thread

AmigoSound Project is a revolutionary web3 decentralized music streaming platform for artists and fans built on the JUNO blockchain that aims to empower artists and give them a better way to share their music and connect with their fans.

AmigoSound aims to address the current state of the music streaming industry, which is often unfriendly to artists and takes a significant cut of their earnings.

AmigoSound aims to provide a solution to this problem by offering a web3 decentralized music streaming platform that allows artists to earn immediate royalties, easily promote their music, and connect with their fans more directly and transparently.

Using the JUNO network and cutting out intermediaries, AmigoSound aims to provide a more fair and empowering platform for artists to grow their careers and connect with their audience.

Lack of control and revenue for artists: Many musicians and artists struggle to make a living in the music industry due partly to the high fees and lack of transparency associated with intermediaries.

AmigoSound it’s helping artists retain more control over their careers and revenue streams by connecting them directly with fans.

Our Solution:

AmigoSound Ecosystem is our solution for all these problems which will include the following products:

AmigoSound V2.0 is set to introduce several new features that enhance the user experience. The web app will feature social media integration, allowing users to share their favorite tracks and live streams with friends and followers. Additionally, the web app will have a web music player that can be accessed on all devices.

AmigoSound Mobile App

The app will be available for download on both Google Play and Apple Store, offering users a comprehensive and intuitive music streaming experience. The app will include a range of features, including a music player, user profiles, login and registration, a search bar, user discovery, artist profiles, personalized recommendations, the ability to discover new music, social sharing, push notifications, and advanced features.

Music NFT Marketplace

AmigoSound will be launching a Music NFT marketplace where users can buy, sell, and trade music NFTs.We will offer NFT minting services to artists, allowing them to create unique NFTs for their fans.

AmigoSound Magazine

AmigoSound Magazine will be an online publication that provides reviews and discovery for music fans. Our Web3 platform will be a valuable resource for those looking to explore new music in the current golden age of music production.

Tickets & Virtual Shows

Tickets and shows will be a major part of the AmigoSound platform. We will enable artists to post their show schedules and connect to existing data sources to update their schedules automatically.

Tickets & Virtual Shows

Tickets and shows will be a major part of the AmigoSound platform. We will enable artists to post their show schedules and connect to existing data sources to update their schedules automatically.

AmigoSound Radio

AmigoSound Radio will be a key feature of our platform. In addition to on-demand streaming, we will be focusing on discovery, and radio is a great way to make that process effortless.

Juno Community

How will our project benefit the broader Juno Community?

As a decentralized music streaming platform built on the Juno blockchain, AmigoSound could benefit the broader JUNO community by providing a new and innovative use case for the technology. By utilizing the speed, security, and decentralization of the Juno blockchain, AmigoSound could demonstrate the potential of the platform in the music industry and potentially attract more artists and fans to the Juno ecosystem.

AmigoSound’s decision to build its platform on the JUNO network will benefit the broader Juno community in a number of ways.

Additionally, the use of JUNO on the AmigoSound platform will increase the overall adoption and use of the network, which can help to increase the value of the JUNO token.

The allocation of 10% of the total $AMIGO token supply to JUNO stakers through an airdrop is also going to benefit the Juno community by providing additional value to its members and incentivizing them to hold and use JUNO.

Grant Details and Timeline

Grant amount link

AmigoSound is asking for a total of 50.000 JUNO (at the last month's price of 2$) from the Juno community to support development costs for our music ecosystem project.

The requested amount we are asking represents 0.3% of the total Juno Community Pool.

This is to be released gradually, based on project development and milestone progress.

The milestone system enables a social contract between us and the Juno community. We need to prove ourselves at each milestone.

We've split this process into 3 milestones:

Milestone 1: 15,000 JUNO

Released immediately for delivery of the following projects:

-AmigoSound V2.0 Platform;

-AmigoSound Mobile App;

Cost: $30,000

Weeks: 8

Milestone 2: 20,000 JUNO

For delivering the following product:

-Music NFT MarketPlace Project;

Cost: $40,000

Weeks: 10

Milestone 3: 15,000 JUNO

For delivering the following projects:

-AmigoSound Magazine, Tickets & Virtual Shows;

-AmigoSound Kickstarter for Artists and Radio;

Cost: $30,000

Weeks: 10

Voting:

YES-You agree to provide the funding for the AmigoSound project

NO-You don’t agree to approve the funding for the AmigoSound project

ABSTAIN-You formally decline to vote either for or against the proposal

NO WITH VETO-You would like to see depositors penalized by revocation of their 1000 JUNO deposit, and contributes towards an automatic 1/3 veto threshold

Proposal #93 overview

Total votes
7,346
Voters
7,209
Total deposit
1,001 JUNO