Proposal: Beatwave is a decentralized platform that allows musicians and music producers to buy and sell beats safely, efficiently and transparently.

[KienPT0610]

Description

BeatWave Music Platform

Overview

BeatWave is a platform for discovering, buying, selling, and leasing music beats through a decentralized smart contract system. It offers various features for beat owners and users, including ownership transfers, revenue sharing, and more.

Features

1. Explore Beats

• Users can search and explore beats by genre, mood, artist, and other criteria.

2. Buying and Selling Beats

• Smart Contract Transactions: Facilitates the buying and selling of beats through secure smart contract transactions.

3. Sell Ownership

• Beat owners can list their beats for sale and transfer ownership through the platform.

4. Lease Beats

• Owners can lease their beats for various purposes, such as:
  • Video creation
  • Livestreams
• Leasing terms can be negotiated based on the usage purpose, and revenue sharing is available.

5. Beat Information

Users can view detailed information about each beat, including:

• Beat ID
• Owner information
• Number of plays
• Number of leases
• Number of likes

6. Personal Beat Management

• View Owned Beats: Access all beats the user owns.
• Leased Beats: View a list of beats the user has leased.
• Transfer Ownership: Allows owners to transfer beat ownership to another user.

7. Upload Beats

• Users can upload beats to the platform, enabling the use of features such as selling, leasing, and more.

8. Donation to Authors

• A donation feature that allows users to support their favorite beat creators.

Revenue Generation

1. Listing Fees

• A fee is applied when listing a beat for sale or customization. The fee amount varies depending on the type of currency used.

2. Transaction Fee

• A 5% fee is charged for every successful purchase or lease transaction.

3. Revenue Sharing Fee

• A 3% fee is applied to shared revenue from beat leasing.

4. Advertisements

• Beat creators can rent advertising space to promote their beats on the platform.

Getting Started

To start using the BeatWave platform, create an account, upload your beats, and explore the features mentioned above!

[zxstim]

Approved. Take a crack at it. Maybe clarify in the DApp saying what exactly they are buying/selling (like is this a full license, full rights, etc.)?