Stage secures 24M funding to transform the music industry

Stage secures 24M funding to transform the music industry

FOR IMMEDIATE RELEASE

Tortola, BVI, June 14th, 2024 – Chainwire

Stage, along with its upcoming $STAGE token launch on the BNB Chain, introduces a revolutionary platform where music enthusiasts directly impact the emergence of new talent and receive incentives for their involvement. This platform seamlessly merges talent, technology, and tokens to establish a vibrant music ecosystem.

Stage serves as a hub where artists and fans actively collaborate to shape the future of music. Artists showcase their video performances and compete in thrilling rounds to climb the ladder to fame. Fans play a pivotal role by voting for their favorite artists, potentially earning exclusive rewards, and interacting with unique Real World Asset (RWA) Badges. The innovative business model ensures that artists receive 60% of the proceeds from votes cast for them, along with 10% royalties on RWA Badges. Fans, on the other hand, earn Stage Badges for their support, ensuring a mutually beneficial experience on the platform.

The core mission of Stage is simple: to empower music enthusiasts and artists alike, ensuring that everyone benefits from the platform. The vision is to cultivate a thriving community where every interaction enriches both the fan and artist journey.

With backing from prominent crypto entities such as 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 comprises 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 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 celebrities with millions of followers who will help amplify the mission. One of them is Jerry Heil, who secured Ukraine’s Eurovision 3rd Place. Their influence aids Stage in reaching a global audience and attracting top-tier 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:

– Play-to-Earn Model: Gamify the user’s music experience and potentially earn rewards as they participate.
– Real World Assets (RWAs): Users can collect and trade digital badges linked to exclusive artist rewards.
– AI Music First: Users can engage in AI music competitions and tokenize music samples, melodies, beats, and vocals.

The Token Generation Event (TGE) for $STAGE will be conducted through reputable launchpads ChainGPT, Decubate, and Eesee to reach a broad and invested audience, maximizing the impact and reach of the token launch.

Stay updated on Stage’s journey by following on Twitter and joining the Telegram community to be the first to receive the latest updates and exclusive rewards.

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

This press release urges readers to conduct their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not liable, directly or indirectly, for any damage or loss caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

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