The startup has developed a fan-funding platform that utilizes blockchain technology to enable users to earn non-fungible tokens (NFTs) based on the success of their favorite artists. This platform gamifies the voting process, allowing creators to monetize their work while rapidly expanding their fanbase.
Funding
$2.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Emerging artists face challenges in gaining exposure and securing funding to support their creative endeavors. Traditional music industry models often leave artists with limited control over their work and revenue streams. Fans lack direct ways to support their favorite artists and actively participate in their journey to success.
Solution
Stage is a SocialFi platform designed to revolutionize the interaction between artists and fans, providing a gamified environment where both can thrive. Artists upload video performances to compete in round-based competitions, gaining exposure to a global audience. Fans support artists by paying to vote for their performances, earning unique digital collectibles called Stage Badges that unlock exclusive prizes and access to artist communities. A significant portion of the voting proceeds goes directly to the artists, enabling them to monetize their work and build a sustainable income stream.
Target Audience
The primary target audience includes emerging musical artists seeking new avenues for monetization and fan engagement, as well as music enthusiasts who want to actively support and discover new talent.
Features
- Round-based music competitions where artists upload video performances
- Fan voting system with paid votes that directly support artists
- Stage Badges: unique digital collectibles awarded to fans for supporting artists
- Exclusive prizes and VIP experiences unlocked through Stage Badges
- Gamified SocialFi platform combining talent competitions, prediction markets, and blockchain-powered ownership
- Artist dashboard for tracking performance, fan engagement, and revenue
- Community features for artists to connect with fans and build relationships
- Prediction platform (coming soon) allowing fans to forecast outcomes using real-time data and compete for a share of the $STAGE prize pool