Volareo is the blockchain-powered smart speaker that will (so its makers promise) let listeners clap to donate to artists as they listen to them. It’s due to launch a pre-order campaign on Indiegogo soon, and ahead of that has announced a partnership with Australian blockchain-music startup Emanate.
Cue blockchainspeak! “Building the world’s first audio exchange protocol Emanate is more than just a streaming platform. It is a self-governed and decentralised technology network for audio industries,” said Volareo of its new Sydney-based partner. “The marketplace that will allow the full creative workflow to be monetised and collaborated upon.”
For its part, Emanate’s founder Sean Gardner claims “We are educating audience about the idea of smart collaborations. We take traditional blockchain smart contract, we configure it and we enable artists to work with each other from either side of the planet, free of trust, seamlessly and for the royalties from their music to flow back almost in real time as it’s consumed”.
As ever, it sounds good in theory, but the challenge is putting it in to practice, particularly with artists who still have one foot in the world of publishing, labels and/or collecting societies. Emanate joins blockchain firms like Musicoin, Choon and Soundeon on Volareo’s partnerships roster.