Name of Project / DAO / Company
AMY DAO the new Independent Musician Economy
Application type
DAO Formation and build out of dapp and services
Proposal overview
Becoming a musician is a journey fueled by passion and mired with frustration.
Much of the frustration for beginner musicians is in the disenfranchisement: The talent economy is broken and the social networks sell user data and influence.
500+ million musicians worldwide are already going through this journey that lasts a lifetime.
Considerable effort, time, and money is invested to at each step of this journey, generating
100+ Billion USD est. in worldwide annual transactions (to grow exponentially for online services)
Billions in transactions are generated, for passion, before anyone hits the stage
AMY creates a disruptive new financial & services market based on music, where all parties, Independent Musicians, Services, Investors & Fans, can reap the benefits as stakeholders,
unifying and tokenize value based art - in addition to all platform and services.
AMY is already 2 live platforms:
- amy.network free social network for Musicians on Android, iOS and Web that facilitates musician & service connections, buy/sell Instruments & Gear, Create Events.
Email list of 200K locations worldwide, user base of 100K and 20K locations. - studio.amy.network, freemium SaaS for Music Studios, Full financial & client management, Online booking, direct connection to musicians community.
We need help to build out the DAO and features to enable musicians, investors earning and savings:
Rights tokenization
- Artist Tokenization
- Music/Song tokenization
- Music copyrights-backed NFTs
- Licensing of Music NFTs
- Any investors can buy fractional share of artist or songs future earnings and earn royalties
Exchange
- NFT trading exchange of any tokenized asset
- Creation of a sharing economy based on Music
Artist Launchpad
- Engaging, perpetual award competitions
- Community decides who becomes famous
- Any investors can support artist directly
- Any service can sponsor artists directly
Artists Services
- Crypto Payments
- Online Educations Services
- Online Instruments & Gear Retail Services
- Direct Artist Sponsorship by Services
SaaS Services
- Saas platforms for Venues, Schools, Stores
- Crypto Payments
- Advertising and Marketing Services
Team
Riccardo Barbieri Torriani linkedin riccardo-barbieri-torriani-a5546447
Executive
Ramon Canales linkedin ramon-canales
Technology
Steve Mariani linkedin steve-mariani-5b824
Product & Operations
Nadia Staffini linkedin nadia-staffini-6165b235
Administrative & Financials
GitLab
gitlab . com / ioa /amy-token
Proposal ask
2,000,000.00 USD.
Justification
-
List item M1 to M2 - WP1: Project management and coordination
-
List item M3 to M6 - WP2: Promoting and supporting emerging talent
â—‹ Systems Architecture & Strategies
â—‹ Definition, design, architecture of Token, Tokenomics, DAO.
â—‹ Definition of Marketing Plan/Strategy.
â—‹ Staffing plans. -
List item M7 to M13 - WP3: Developing, nurturing and training emerging talent
â—‹ Development, Testing and Launch of Token, Tokenomics, DAO.
â—‹ Begin of Implementation/Integrations of Tokenomics for specific use cases.
â—‹ Marketing campaigns rollout.
â—‹ Staffing for critical roles. -
List item M14 to M20 - WP4: Communication and dissemination
â—‹ continues Marketing/Communications campaigns
â—‹ Earning by participation on the AMY platforms. Users that contribute to the AMY Network content, keeping it alive, earn rewards. From completing your profile to validating digital copyrights or resolving disputes on services that were provided, and many other actions will earn AMY Tokens.
â—‹ Earnings and Exposure from Community Awards/Contests. AMY will organize frequent community events like challenges, festivals, and tournaments where the community can both participate and be the judge to assign awards.
â—‹ Earnings from Tips. Tipping to demonstrate instant appreciation. Fans and other musicians can demonstrate appreciation
and validation for a work of art or a performance through instant tipping with AMY tokens.
â—‹ Earning from Sponsors/Patrons. Just like Patreon.com, only the artist gets to keep a lot more of the gift/reward as the AMY
platform would take a minimal fraction of the fees compared to Patreon.com -
List item M21 - M24 - WP5: DAO Ownership Transfer.
Metrics for success
Number of users. Today 100K worldwide.
Number of services. Today 20K worldwide.
Number of Investors.
Avg. Session.
Volume of Transactions handled.
Avg. Musician Earnings.
Avg. Musician Savings.
Avg. Service Earnings.
Avg. Service Savings.
Avg. Investor Earnings.
External links
DAO site and Litepaper https://token.amy.network/assets/docs/AMY_DAO_Litepaper.pdf
Live Apps
AMY Music https : // amy.network
AMY Studio https : // studio.amy.network