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When it comes to getting your sounds out to the world, decentralized music streaming dapps are seen by many as the future of the industry. These protocols enable fans and artists to connect in new and innovative ways that drive engagement further. Here are the top 10 decentralized music streaming dapps you need to know in no particular order.
Audius is the most successful and popular decentralized music streaming platform to date. This unique digital ecosystem enables anyone to get their music in a permissionless and censorship-resistant manner using blockchain tech.
Audius has some cool features that make it stand out against the competition. For example, artists receive full royalties and payments for their works. The network rewards followers for their loyalty and participation. Additionally, all artist commissions on songs get paid instantly.
To learn more about this project, visit our guide to Investing in Audius.
Tune.FM is another title that takes an artist-centric approach to the streaming business. Like Audius, there are no fees imposed on uploads. Creators can share with their fans directly. Tune.FM eliminates all middlemen, which adds to the ROI potential of the network.
Tune.FM has a variety of features that make it stand out against competitors. Fans and content creators can secure additional passive rewards by leveraging these features. Notably, this streaming platform leverages the Hedera Hashgraph to improve performance.
Tamango takes the concept of fan-curated playlists to the next level using blockchain assets. Tamango developers wanted to create an open and artist-centric protocol that gave musicians more control. As part of this strategy, the network relies heavily on fan-curated playlists to determine what songs are top quality.
In addition to the fan-led playlists, users enjoy a completely ad-free experience. Notably, fans can interact with their favorite artists directly to secure additional rewards and collectibles. The platform also introduces liquidity pools to provide access to further rewards.
Resonate takes a different approach to music licensing. In this protocol, the fans own the music as they purchase it directly from the artist as tokens. This structure puts the community in the driver's seat and provides artists with direct income for their creations.
Resonate includes a massive community of songwriters, artists, labels, developers, and listeners. The network is a pioneer in the stream-to-own movement and has seen considerable adoption since its launch a few years ago.
The streaming website OnChain is a popular option for musicians and collectors seeking more opportunities. This option is geared towards the artist and introduces some interesting commission structures. Notably, Onchain artists retain 85% of their works' revenue.
OnChain monitors the royalties for users autonomously and can reward users and artists with MUSIC tokens for their efforts. OnChain differ from many others on this list in that it also includes a distribution feature that can help artist get their works on other platforms, including Audio, XSongs, and Emanate
The eMusic platform is geared directly towards music professionals. The system is packed with features to help artists secure better returns on their projects. For example, there are full distribution and royalty management options.
Artists can manage their music creation rights and even start crowdfunding campaigns using eMusic. The platform has managed to carve out a niche in the market as an exclusive provider of rare content. Notably, eMusic offers lower fees than many competitors, which has also helped it remain a smart option for users.
One of the biggest drawbacks to streaming sites is their low-quality music, according to the developers behind Emanate. They envisioned the platform as the only true high-quality sound provider in the market at this time.
Emanate does away with the distorted and often compressed and altered tracks most streaming platforms offer to save bandwidth. Instead, Emanate introduces a high-performance distribution option that includes a distribution option to further your reach.
BitSong entered the market as a direct p2p music streaming protocol that leverages blockchain tech to improve performance and security. The network was introduced in 2018 by Angelo Recca and has since seen continued adoption by artists and fans.
One of the biggest advantages of BitSong is its trustless P2P market. Here users can take their hard-earned fan tokens and convert them into NFTs and other digital assets. Musicians can also find a variety of other valuable resources here, including labels, distribution options, and access to the larger international music industry.
Musiccoin focuses on the independent artist as their approach to the market. This structure makes it ideal for certain artists and those seeking unique sounds. The platform offers some major advantages to users, like no ads and the fact it's free to use.
Musicoin works by enabling artists to upload music for free. Fans can listen, curate playlists, and secure tokens for sharing the hits they like the best. Fans may also communicate with their favorite artist in a p2p manner which improves the user experience and opens the door for more earning opportunities for all.
OPUS is a professional music streaming service that integrates top-notch monitoring and analytics. The Opus network autonomously monitors the internet for usage of your music. It can also distribute streaming royalties automatically using smart contracts.
Opus users secure OTP tokens, which they can use to purchase collectibles, music, and access exclusive events. In this way, Opus provides a valuable gateway to the digital music industry that is both secure and easy to operate.
Top 10 Decentralized Music Dapps Making Waves
The music streaming industry has seen monumental shifts in its structure over the last decade. The rise in high-speed providers has made streaming services the go-to option for artists and musicians. Blockchain technology has furthered this integration and made it possible to experience a new level of efficiency in the market. As such, blockchain streaming protocols are here to stay.