Blaqk Stereo addresses royalty payment delays, financial barriers, regional restrictions, and intermediary reliance with our De-distribution, providing crypto payment solutions to music artists.
- Blaqk stereo applies the “mobile-first” approach to make transactions in cryptocurrency user-friendly, simplifying access to global financial services, where creatives can get paid directly and stress-free. By offering a decentralized distribution platform and alternative payment solutions in crypto, Blaqk Stereo seeks to empower artists, foster financial inclusivity, and streamline the music ecosystem.
- DeFi offers payment solutions that are decentralized, enabling direct transactions without the need for traditional banking systems, thereby reducing fees and increasing accessibility across the globe, bringing this tech into the music industry will give music artists the enablement to earn with ease while creating and carrying out their day to day transactions.
- This project is primarily for music artists both independent, & signed musicians and secondarily for music lovers as well and our starting region is Africa. Africa’s music streaming revenue projected to reach $314.6 million by 2026 and we want a stake in that market.
- Blaqk Stereo app currently has a prototype which has been designed and we intend beginning the development which the community will be updated as we progress through our community channels and website blog.