‼️Statement of the problem

AmigoSound aims to address is the current state of the music streaming industry, which is often unfriendly to artists and takes a significant cut of their earnings. This can make it difficult for artists to build their careers and connect with their audience, leading to a lack of control and fairness in the industry.

AmigoSound aims to provide a solution to this problem by offering a web3 decentralized music streaming platform that allows artists to earn immediate royalties, easily promote their music, and connect with their fans more directly and transparently.

Using the blockchain network and cutting out intermediaries, AmigoSound aims to provide a more fair and empowering platform for artists to grow their careers and connect with their audience.

Summarized as follows:

Lack of control and revenue for artists: Many musicians and artists struggle to make a living in the music industry due partly to the high fees and lack of transparency associated with intermediaries. AmigoSound it’s helping artists retain more control over their careers and revenue streams by connecting them directly with fans.

Limited opportunities for fan engagement: Traditional music streaming platforms often do not offer fans many opportunities to engage with their favorite artists or other fans. AmigoSound’s NFT minting services and other features can help create new ways for fans to connect with and support artists, increasing loyalty and revenue for both parties.

Inequities in the music industry: The music industry has a long history of inequality, with certain groups, such as women and people of color, being underrepresented and disadvantaged. AmigoSound’s decentralized and transparent model it’s helping create a more level playing field for artists, allowing talent and merit to be the primary drivers of success.