CDS Press Release Stage Progress: From Inception to Revolution [RAW]
Press Release

Stage Progress: From Inception to Revolution [RAW]

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Stage Progress: From Inception to Revolution [RAW]

A Beginner’s Guide to Understanding Stage Progress

From securing seed funding to building strategic partnerships and experiencing rapid user growth, Stage is poised to revolutionize the music industry. Here’s a look at our progress and what the future holds.

Seed Funding and Early Successes

Seed Funding and Early Successes
Stage Progress: From Inception to Revolution [RAW] 1

Stage began with a bold vision: to empower artists and fans through a fair and engaging platform. This vision quickly resonated with investors, leading to significant early successes:

  • Initial Investment: Stage secured $2.6 million in seed funding from top-tier venture capital firms, including Solana Foundation, Kraken US CEO, Moonrock Ventures and RR2 Capital.
  • Strategic Backers: Personal investments from influential entrepreneurs and music executives provided not only financial support but also critical industry insights.

Building Partnerships and Expanding Reach

Building Partnerships and Expanding Reach
Stage Progress: From Inception to Revolution [RAW] 2

Strategic partnerships have been instrumental in expanding Stage’s reach and impact:

  • Music Industry Partners: Our partnership with BMG Records brings top unsigned talent to the platform, ensuring a steady stream of high-quality artists.
  • Crypto and Tech Partners: Collaborations with ChainGPT and Decubate, renowned launchpads, help promote our project to their sizable communities and ensure visibility among potential investors.
  • Ambassadors and Influencers: Artists like Eurovision Song Contest 2024 participant Jerry Heil, Tohi, and Gola serve as our musical ambassadors, amplifying our message and attracting a global audience.

Product Development and User Growth

Our development team has been hard at work, continuously refining and enhancing the Stage platform:

  • iOS App Launch: The successful launch of our MVP app on iOS allowed us to gather valuable feedback and build a robust foundation.
  • User Growth: Despite limited marketing efforts, we’ve achieved significant traction, boasting over 45,000 active users and 65,000 total sign-ups.

Strategic Moves in 2024

2024 has been a pivotal year for Stage, marked by several strategic initiatives:

  • Token Generation Event (TGE): Conducting our TGE through reputable launchpads like ChainGPT and Decubate to reach a broad and invested audience.
  • Android Expansion: Expanding our platform to Android users, significantly increasing our potential user base and ensuring inclusivity.
  • AI Integration: Embracing AI music competitions and tools, positioning Stage at the forefront of music innovation.

Validation and Future Prospects

Validation and Future Prospects
Stage Progress: From Inception to Revolution [RAW] 3

Stage’s progress has garnered validation from industry experts and solidified our future prospects:

  • Market Recognition: Our unique approach and innovative features have attracted the attention of major players in the music and crypto industries.
  • Growing Community: With a thriving community of over 70,000 followers on X, 100,000 on Telegram, and an active Discord server, Stage is building a loyal and engaged user base.
  • Revenue Projections: By 2027, we anticipate one-third of our revenue from in-app voting and two-thirds from NFT royalties, showcasing our sustainable economic model.

The Exciting Future of Stage

The Exciting Future of Stage
Stage Progress: From Inception to Revolution [RAW] 4

As we look to the future, Stage is set to achieve even greater milestones:

  • Blockchain-Powered Competitions: By Q1 2025, we will introduce blockchain-powered competitions, ensuring transparency and fairness in voting.
  • Artist Success: By 2026, we anticipate the first artist discovered through Stage will reach one billion streams on Spotify, highlighting the platform’s impact.
  • NFT Marketplace and Artist Tokens: Developing an NFT marketplace and introducing artist tokens to allow fans to invest in their favorite artists’ futures.

Join the Stage Revolution

Stage’s journey from inception to revolution is just beginning. As we prepare for the $STAGE token launch, we invite you to join us and be part of this transformative movement. Together, we can reshape the music industry and create a fair, dynamic, and engaging ecosystem for artists and fans.

Stay Informed and Get Involved:

The future of music is here. Be part of the revolution. 🚀🎵

Stage Progress: From Inception to Revolution [RAW]
Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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