Stage secures 24M funding to transform the future of music

Tortola, BVI, June 14th, 2024, Chainwire
Stage is preparing to launch its $STAGE token on the BNB Chain and has unveiled a groundbreaking platform where music enthusiasts play a pivotal role in propelling emerging talent to stardom while earning rewards in the process. This innovative platform merges talent, technology, and tokens to establish a vibrant music ecosystem.

Stage serves as a hub where artists and fans actively engage in shaping the future of the music industry. Artists showcase their video performances and compete in thrilling rounds to climb the ranks of fame. Fans hold significant power by voting for their favorite artists, with the potential to receive exclusive rewards and unique Real World Asset (RWA) Badges. The platform’s inventive business model ensures that artists receive 60% of the proceeds from votes cast for them, along with 10% royalties from RWA Badges. Fans, on the other hand, are granted Stage Badges for their support, creating a mutually beneficial environment for all interactions on the platform.

The primary goal at Stage is clear: to empower music enthusiasts and artists alike, ensuring that everyone has a stake in the music scene. The vision is to cultivate a thriving community where every interaction enriches the journeys of both fans and artists.

Backed by prominent crypto entities like the Solana Foundation and key industry figures, including the CEO of Kraken US, Stage also benefits from support from RR2 Capital, Moonrock Ventures, and Cogitent (among others).

The formidable team driving Stage forward includes André Cruz, CEO and Co-Founder, a seasoned musician and e-commerce expert with three successful exits; Geoffrey Doyen, CTO and Co-Founder, who brings extensive AI experience from working with Fortune 500 companies; and Francisco Quartin de Macedo, COO and Co-Founder, who previously oversaw a trading desk at blockchain.com.

Furthermore, Stage has enlisted the support of high-profile ambassadors, including celebrities with millions of followers who will help amplify the platform’s mission. Notable figures like Jerry Heil, who secured Ukraine’s Eurovision 3rd Place, lend their influence to help Stage reach a global audience and attract top-tier talent.

By incorporating Web 3.0 principles, Stage aims to ensure that both artists and fans are fairly compensated and deeply engaged. The platform’s distinctive features include:
– Play-to-Earn Model: Gamifying the user’s music experience and offering potential earnings through participation.
– Real World Assets (RWAs): Allowing users to collect and trade digital badges tied to exclusive artist rewards.
– AI Music First: Enabling users to compete in AI music competitions and tokenize music elements like samples, melodies, beats, and vocals.

The Token Generation Event (TGE) for $STAGE will be facilitated through reputable launchpads ChainGPT, Decubate, and Eesee, aiming to attract a broad and committed audience to maximize the impact and reach of the token launch.

Users can stay informed about Stage’s progress by following them on Twitter and joining the Telegram community to be the first to receive updates and exclusive rewards.

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

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