As , an artist i understand the frustrations of an artist and one of those frustrations is streaming services and their incredibly low royalty rates . As an athlete I understand the thrill of competition. as a person who has a passion for both i understand the cohesion of music and sports, and the thrill they provide. The two go together. As an entrepreneur I understand that the best type of business is a business where everyone wins, to ensure as much value as possible. As an humanitarian dot connector gap finder focused on value born in 1996 right between the millienial generation and generation Z I understand that millennials value accomplishment over strenuous effort( think instagram and facebook)and with generation z valuing inclusion and freedom of expression. (Think tik-tok)
This is reflected in the music industry as well.
With Most of gen z preferring playlist over albums.
and millenials looking for a side hustle while artist’s are looking for better ways to leverage their music for revenue due to a global pandemic and a decline in album sales combined with peoples love for competion
A Music app to meet the needs of gen z and millennials comes natural
Meet Oasis
An interactive music app, for independent artists that allows you to host and bet on playlist performance for the chance to earn money. This app will allow artist to generate another revenue stream for their music as well as give consumers the opportunity to listen to new music. And get paid to do it .
As an artist I view my songs as people after all a person is just an idea, much like a song. As an athlete. I am familiar with the path to becoming a pro athlete. The idea for this app is to integrate the two
In short artist submit their music. In a music draft
Curators pick songs and create short playlist(a team)
The app randomly pits a playlist against other curators playlists based on genres.( a sport) and consumers(fans) are given the opportunity to listen too and bet between playlist for an opportunity to earn money. While listening to music.
Instead of paying artist per streams, they are paid with a percentage of pool money from the betting pool along with playlist curators. and music consumers this way everyone gets an opportunity to make money.
The target market is
18-30, years old. This includes highschool graduates college students. Athletes Artist, Dj, and music enthusiasts
There will be
Differenet tiers in the app that the curators compete at city, state, interstate. Continental
Artist provide the players= songs
Curators make the team= playlist
Listeners are the fans who make bets.
It will be a web based application as well as phone based application. For ios and android. It will be free to download
Artist will pay 99cent a year subscription fee. For 20 song upload minimum and 100 song upload maximum
Curators will pay depending on how many playlist they operate. With playlist expiring after a certain number of losses
And listeners will pay to bet.
Cash app and paypal will be integrated into the app
As well, as rewards for top earners.
This business idea has the potential be a billion dollar application. an easily a multimillion dollar application. It provides value to the artist, and consumer on more than one level
Artist can make more money on oasis in less time then with typical streaming services due to the betting pot, they can still grow their fanbase, and consumers can not only enjoy music but make money doing it. Either by becoming an avid listner or providing a playlist. It combines the best of both sports and music.
Ask
In exchange for 20 percent of the company i am asking $300,000
To cover app development cost as well as marketing and overhead for the first two years. With expectations to be profitable within the first year of launch and
ROI within second year.
With plans for the app to feature its own youtube streamed award show starting year 3 every year for top independent continental artist and curators to make the app more tangible.
Please feel free to email me
[email protected]Or call
9805855445 for more information on how specifically the app will operate. if interested