PurpleThrone

PurpleThrone Technologies Corporation:
We are an American Music Promotions company OBSESSED WITH INDEPENDENT MUSIC AND HIGHER ROYALTIES FOR INDEPENDENT ARTISTS; Our mission is to feature the finest independent artists in the world, while offering the most lucrative pay scales in the industry.
Business Description:
We provide fans with tailored-music from the best independent musicians in the world. We then equip musicians with the necessary tools to both market and monetize their products using the latest computer science, artificial intelligence and blockchain technology.
Competitive Summary:
While companies like Spotify and SoundCloud dominate the current music streaming sector, their “Ad-sponsored” online business model is just not sustainable long-term. Companies like Imeem, SpiralFrog, lala, Vodafone, myspace music, iLike and MOG have all tried this model and failed. Imeem at one point hosted 26 million monthly subscribers. Patreon and Bandcamp are two established apps that allow users to support creators, but these apps do not allow people to stream or access content.
Fairer Compensation
Spotify's model, which pays artists a fraction of a cent per stream, often leaves musicians struggling to make a living from their art. In contrast, PurpleThrone is designed with a more equitable compensation structure, ensuring that artists receive a larger share of the revenue generated from their music. This shift not only helps artists sustain their careers, but also fosters a healthier creative ecosystem where musicians are incentivized to produce high-quality work.
Community and Engagement
PurpleThrone places a strong emphasis on community engagement, allowing artists to connect more deeply with their fans. Unlike Spotify, where algorithms often dictate what listeners hear, PurpleThrone encourages direct interaction between artists and their audience. This platform allows musicians to share their stories, inspirations, and creative processes, giving fans a more intimate experience. By cultivating a vibrant community, artists can build a loyal following that feels personally invested in their journey, ultimately leading to increased donations for their work. PurpleThrone strikes a balance between a tailored consumer music experience, incubating fans monetary support and generating company revenues.