Soundprotocol
  • Abstract
  • Introduction
    • Current problems
    • The SoundProtocol project
  • Token Model
    • SoundProtocol Token ($SOP)
      • SOP Token Distribution
    • Stablecoin Payments
  • Content Node
    • SoundSP: A decentralized storage protocol
    • Upload flow
    • Content permissioning
      • Proxy re-encryption
      • Unlock conditions
  • Content Ledger
    • Node registry
    • Social features and fan feed
    • Tokens and governance
  • Discovery Node
    • Discovery API interfaces
    • Future work
  • Governance
    • Short-circuiting
    • Enforcing node response accuracy
  • Community-owned Streaming
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  1. Introduction

Current problems

We see a number of specific challenges faced by artists and fans today:

  1. There is little to no transparency around the origins of artist payouts (e.g. number of plays, location, original gross payment before fees)

  2. Incomplete rights ownership data often prevents content artists from getting paid; instead, earnings accumulate in digital service providers (DSPs) and rights societies

  3. There are layers of middlemen and significant time delay involved in payments to artists

  4. Publishing rights are complicated and opaque, with no incentives for the industry to make rights data public and accurate

  5. Remixes, covers, and other derivative content are largely censored due to rights management issues

  6. Licensing issues prevent DSPs and content from being accessible worldwide

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Last updated 1 year ago