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ARCANA
A next generation digital music store
Arcana is a next-generation digital music store built on blockchain. Unlike any other Web3 music platforms, our platform leverages Digital Data Exchange (DDEX) standards to automate the information flow in the digital music value chain. This allows to integrate big industry partners and scale efficiently in a high-volume, low-value market.
WHY THIS PROJECT, WHY NOW?
Streaming resulted in a quantum leap forward in music access and monetization and will continue to propel many years of industry growth. However, streaming dynamic are slowing down. Industry giants and independent labels are looking for new, complementary sources of revenue. Superfandom is seen as a new core component of future music economics.
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