Here’s The Scoop:

Creators of the legendary Axie Infinity, Sky Mavis announced May 9th, their latest collaboration with Cadenverse on a brand new mobile-music-rhythm game, Duet Monsters. Taking the Web3 world by storm, Sky Mavis has solidified themselves as an industry leader with the game Axie Infinity. They now seek to expand their horizons by jumping headfirst into the music scene with emerging company Cadenverse.

Cadenverse thrives in making top tier music-rhythm games. With strategic help from close knit partner, the #1 mobile music game publisher in the world, Amanotes, Duet Monsters is set to take over the Web3 music space. With the ever-growing song list containing music from mainstream and independent artists, Duet Monsters users will always have a new song to conquer.

Being powered by the Ronin blockchain, Duet Monsters is sure to step on stage and into the spotlight. Ronin’s track history of hosting top tier Web3 games has proven to spark incredible growth for emerging Web3 gaming projects.

Duet Monsters Features Overview:

• Battle Mode — Boasting a competitively fun way to play-to-earn, Duet Monsters’ swiping gameplay challenges gamers to collect all the falling fruit to beat out opponents in a wager-based 1 vs. 1 battle. Elo-based battle mode allows users to match and compete against players at the same skill level.
• Home Building — Build your home and keep your monsters happy by unlocking new furniture, floors, and monster costumes! Become the best of the best by playing to earn stars and Happy Points in order to unlock.
• Daily Quests — Complete daily challenges and earn SLP rewards along with in-game Happy Points.
• Song List — Cadenverse has worked hard to create a diverse song selection list ranging from classics, upcoming independent artists, to hits.
• Leaderboard — Players get to climb the global leaderboard by competing in ranked battle mode. Top players will be able to earn additional rewards.

Wrapping Up:

Duet Monsters users have lots of fun to explore and tons of new music to discover. With Cadenverse and Sky Mavis in the works with one another, Duet Monsters is ready to pioneer Web3 mobile music-rhythm games.

Play & Find more about Duet Monsters:

Google Play | Apple Store | Twitter | Discord | Youtube | Telegram

Stepping It Up A Notch: Sky Mavis Takes on Music-Gaming in Collaboration with Cadenverse to… was originally published in Cadenverse on Medium, where people are continuing the conversation by highlighting and responding to this story.

Today I would like to introduce you, how Music-to-Earn works in Cadenverse.

A little bit of background here, Play-to-Earn games have been mushrooming in the past year, following the success of Axie infinity. However, up until now, all blockchain game companies have struggled to find the right balance between money inflows and outflows, a main part of the outflows being the “Earn” of P2E.

Earnings in P2E games do not come out of thin air. In most of the Web3 games, new players’ money inflows — through entry fees, often taking the form of NFT characters — will fund current and future players’ earnings. But this model is difficult to sustain: if the studio fails to attract new players, the token will inevitably enter a downtrend trend, which would be almost impossible to recover from.

From Play-to-earn to Play-and-earn

The current tokenomics paradigm is shifting from Play-to-Earn to Play-and-Earn. Play-and-Earn advocates that players should first seek enjoyment of the game itself rather than earnings. Some players will not earn or even “break-even” but would still be happy to play if they enjoy the content provided by the game — as in traditional games. In that perspective, the play-to-earn part would then be closely linked to the game intrinseque enjoyment goals: competition (winner-takes-all), luck (loots), efforts (grinding) but not a necessity for all players.

In Looper Band, we aim for players to develop their musical listening in a fun way. The PVE mechanic is designed so that players can feel rewarded when improving their music listening skills. We do not expect players to get rich through that mechanic. We believe gamifying and incentivizing learning can create a positive momentum for the player’s music journey.

For players who aim to earn big bucks, they can challenge others in the Band Battles (PVP). This competitive mode is a winner-takes-all. You can lose or earn a lot depending on your listening skills… and luck.

Contribution to the music multiverse

Another principle, shared by most Web3 games and apps, is that users or players that contribute the most to the community should be rewarded.

In Cadenverse, our mission is to liberate creativity and let everyone create and play with music in a fun way. That is why we want to reward creators, regardless of whether they are professionals or talented amateurs, based on how much their work is played and appreciated by the community. Through smart contracts, we will ensure that any content creator whose music is used and generating money in the ecosystem receives fair royalties.

Diversifying inflows for a sustainable ecosystem

To avoid putting all the weight of the tokenomics on new entrants, Cadenverse team will create diversified streams of revenues.

First, we plan to propose cosmetic items that will enable players to further customize their musician NFTs because great bands need to look cool! These items will not provide benefits in the gameplay phases to avoid pay-to-win behaviors. We will also take a transaction fee from the marketplace, that we will progressively open to creator collectibles that may not be directly related to the games such as Song collections from artists.

We are conscious that these mechanics will take time and iterations to balance, especially with multiple games having different earning and spending mechanics. But we are confident that we can build a sustainable multiverse for all players and creators to Play, Create or Earn with music.

So, what is Music-to-Earn?

Well, Music-to-Earn is our catchy concept to encompass our ecosystem principles above!

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About Cadenverse

🔸 Cadenverse, a company spun out of Vietnam-based music tech startup Amanotes, is trialing a novel approach of marrying its music NFT platform with play-to-earn (P2E) games.

🔸 New decentralized music distribution and Game platform powered by blockchain technology. Our mission is to liberate creativity and let everyone create and play with music in a fun way. We want to deliver the best music experience to our players while ensuring transparency and fair payment to content artists in the ecosystem.

🔸 Cadenverse is described as a Music Multiverse where players and their characters will freely navigate between different universes to create and play with music. In this multiverse, users will either “play to earn” as players or “create to earn” as content artists. They are building Cadenverse to be a sustainable and increasingly rich musical environment where all players and creators can have fun while earning real financial benefits in exchange for their contribution to the community.

Find more about Cadenverse:

Website | Discord | Twitter | Telegram | Facebook

Music-to-Earn in Cadenverse was originally published in Cadenverse on Medium, where people are continuing the conversation by highlighting and responding to this story.

Cadenverse and Sandbox share the same vision where music distribution, games and blockchain technology can disrupt the music industry and support artists from all over the world.

Big things are coming… Get ready!

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About Sandbox Network:

🔸 Sandbox Network is one of the biggest players in Korean digital media industry, covering games, music, and video entertainment programs.

🔸 From its creation in 2015, Sandbox has been one of the fastest growing startups in Korea, expanding into different verticals.

🔸 Sandbox is managing more than 450 content creators, providing artists with various services such as content production and IP business.

— -

About Cadenverse

🔸 Cadenverse, a company spun out of Vietnam-based music tech startup Amanotes, is trialing a novel approach of marrying its music NFT platform with play-to-earn (P2E) games.

🔸 New decentralized music distribution and Game platform powered by blockchain technology. Our mission is to liberate creativity and let everyone create and play with music in a fun way. We want to deliver the best music experience to our players while ensuring transparency and fair payment to content artists in the ecosystem.

🔸 Cadenverse is described as a Music Multiverse where players and their characters will freely navigate between different universes to create and play with music. In this multiverse, users will either “play to earn” as players or “create to earn” as content artists. They are building Cadenverse to be a sustainable and increasingly rich musical environment where all players and creators can have fun while earning real financial benefits in exchange for their contribution to the community.

Find more about Cadenverse:

Website | Discord | Twitter | Telegram | Facebook

Cadenverse x Sandbox Network: one of the biggest players in Korean digital media industry was originally published in Cadenverse on Medium, where people are continuing the conversation by highlighting and responding to this story.

Earlier this month, the US-based musician won a live vote song battle to tokenize his latest track, “Parade,” as an NFT on Catalog. The NFT was sold four days later, on April 5, for 0.5 ether (US$1,635).

The musician eventually took home 0.3 ether — around US$900 — after paying gas fees of about US$80 and sharing a 15% cut to Phlote, the decentralized autonomous organization that conducted the weekly live vote song show. As a sweetener, he also stands to receive a cut of its reselling price — 20%, though it can vary between 0% to 100% — the next time the NFT is resold.

Gardin is one of many music artists that have turned to blockchain platforms to explore new sources of revenue in the age of streaming. Spotify is the most prominent player within this burgeoning sector, having set a record last year for the highest ever payout by a retailer to the music industry, which stood at US$7 billion.

Yet artists, including superstar rapper Kanye West, say that streaming platforms do not compensate them fairly for the cost and effort it takes to create songs. To be specific, an artist streaming on Spotify has to reach 250 listeners to make US$1, based on the average taking of US$0.004 per song after royalties are shared with record labels, distributors, and other third parties.

Amid that backdrop, music blockchain platforms like Catalog and Sound.xyz are positioning themselves as an attractive option for independent artists to share their songs, build a community, tokenize their music, and get paid in cryptocurrencies instantly. An artist’s take-home earnings are less of gas fees and, depending on the platform, commissions. Spotify, too, is experimenting with digital tokens linked to artist drops.

More from the @Spotify survey on NFTs and social tokens.#NewSpotify #CreatorEconomy pic.twitter.com/iBpXCVG4uh

— ˗ˏˋ Chris Messina ˎˊ˗ (@chrismessina) April 19, 2022

Music publishing meets play-to-earn gaming

Artists have long struggled to pull their weight at the negotiating table with the publishers and record labels that distribute their music. But indie artists face an additional problem from the onset: It’s challenging to even get their songs published. And when they do, they’re often not featured as prominently as mainstream artists.

Cadenverse, a company spun out of Vietnam-based music tech startup Amanotes, is trialing a novel approach of marrying its music NFT platform with play-to-earn (P2E) games.

Best known for Magic Tile 3, a hyper-casual mobile game that plays similarly to Guitar Hero, Amanotes says that it has raked in over two billion downloads and over 120 million monthly active users across its various games to date.

In 2019, Data.ai ranked it among the top 20 mobile gaming publishers across all categories.

Amanotes’ expertise in mobile music gaming could set Cadenverse apart in the music NFT space, which is tipped to be a new breakout application for blockchain tech.

“It’s hard for indie artists to tap into revenue-generating channels like Spotify or Apple Music,” Cadenverse CEO Vincent Hoang tells Tech in Asia. Prior to Cadenverse, Hoang was the head of games and simulation at Amanotes.

He says that an important benefit of baking royalty contracts onto the blockchain is that it does away with the need for intermediaries such as lawyers and royalty administrators, which reduces the cost of licensing.

“With blockchain, we’re going to connect the artist to music consumers directly,” Hoang adds.

Artists on Cadenverse can tokenize their songs as “game song NFTs,” which govern royalty payments each time the song is used in one of its games, or as “collectible song NFTs,” which can be bought and sold on its NFT marketplace.

Both types of tokens complement each other. Game song NFTs provide utility for the music tracks and additional exposure for the indie artists who otherwise might find it difficult to be discovered by listeners. Meanwhile, collectible song NFTs are a way for Cadenverse users to support early-stage artists that they have chanced upon in the games.

As Cadenverse is built on Polygon, a layer 2 blockchain on Ethereum, gas fees are low.

Cadenverse has raised US$1 million to date and counts Kyber Network and Tomochain among its backers. It’s currently raising capital through private and strategic sales of its governance token, the Cadenverse token or CDV, which is set to be listed on decentralized exchanges in May.

The company’s first P2E game, Looper Band, is currently in its beta phase and available for download. Meanwhile, its marketplace for collectible song NFTs is slated to go live in the first quarter of next year, while the platform for game song NFTs will launch in Q2 2023.

The P2E advantage

Musicians like Gardin are hopping onto Web3 platforms to familiarize themselves with the NFT scene. But a bigger challenge is getting their existing fanbase to adopt crypto.

While hardcore fans may be incentivized to overcome the initial friction into the domain of NFTs because of the perks that come with it — such as access to front row concert seats, exclusive album art, and merchandise — a vast majority of listeners continue to use streaming services like Spotify due to their large catalog of songs from popular artists. Most users also prefer transacting in cash for concerts or merchandise.

Cadenverse’s approach to using P2E games could bridge that gap by tapping its active base of users worldwide, giving indie artists exposure to a fan base that they might not be able to reach otherwise.

As of December 2021, about 2.5 million people were playing the popular P2E game Axie Infinity on any given day. Hoang says Cadenverse will target Amanotes’ 120 million monthly active users through cross-platform promotions. It’s also working with guilds like Bountie Hunter to acquire users.

Hoang is betting that Cadenverse’s users who “enjoy the melody, the creation, the music” will stay engaged in the game over long periods. Users will also continually return to support their favorite artists by purchasing NFTs, he adds.

A long waiting list

As music NFT platforms have grown in popularity, so have their waiting lists. Some of that demand could spill over to newer platforms.

Catalog, which is currently in beta, says artists on its platform have sold over US$2.5 million worth of NFTs to date. Each month, it onboards just a small number of artists and is currently invite-only.

For many artists, reaching the “right” community of listeners is important. “No matter how big the community might be or no matter how ‘good’ your music is, if it falls into the wrong group, there is no room for development,” says Binh Le, a Vietnam-based musician.

Le, who also goes by the stage name Dozen Districts, is considering uploading his music onto Cadenverse once its music NFT marketplace opens to artists. It would be the first time he releases music on a Web3 platform.

That said, many artists aren’t picky about the platforms on which they publish. “I think the point of Web3 is to be decentralized, so platforms are just tools. I don’t need to be loyal or exclusive to any of them,” Gardin tells Tech in Asia.

Despite his successful exploits on Catalog, Gardin isn’t planning to forsake mainstream platforms altogether. “I love streaming platforms for ease of use and access to so much music. I would love to get paid for streams but I look at streaming as a tool for discoverability,” he explains.

Mainstream players, from streaming services to major record labels, are already looking to integrate Web3 capabilities into their platforms. Spotify is reportedly planning to add blockchain tech and NFTs to its streaming services to fend off competition from crypto startups. A Spotify spokesperson declined to comment on what its plans for NFTs and blockchain are.

Earlier this year, Warner Music Group partnered with blockchain developer Splinterlands to give select artists the opportunity to create arcade-style P2E blockchain games.

Full Articles here: https://www.techinasia.com/music-nfts-breakthrough-application-crypto

TIA Writer: Melissa Goh | Journalist at Tech in Asia.

Music NFTs could be the next breakthrough application in crypto was originally published in Cadenverse on Medium, where people are continuing the conversation by highlighting and responding to this story.

Both teams will work hand in hand to develop new ways to connect the music market and NFT & Blockchain technologies. The first area of cooperation will focus on connecting Fans and Artists through Cadenverse and SingSing platforms.

SingSing and Cadenverse can create meaningful synergies, by growing a highly engaged music community at a global scale. We strongly believe that this partnership will help shape the future of blockchain music and games in 2022 🌈

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About SingSing

SingSing is a blockchain platform connecting SuperFans with Singers to build a new music COMMUNITY, where we SING and EARN together

Find more about SingSing:

Telegram Channel | Telegram Chat | Twitter | Discord | Facebook | Website | Youtube

— -

About Cadenverse

Cadenverse is the new decentralized music distribution and game platform powered by blockchain technology. Our mission is to liberate creativity and let everyone create and play with music in a fun way. We want to deliver the best music experience to our players while ensuring transparency and fair payment to content artists in the ecosystem.

Find more about Cadenverse:

Website | Discord | Twitter | Telegram | Facebook

Cadenverse is launching a new partnership with SingSing, the social music platform with 33 m… was originally published in Cadenverse on Medium, where people are continuing the conversation by highlighting and responding to this story.

Cadenverse is happy to announce the strategic investment from Amanotes the #1 music games publisher in the world.

Cadenverse founder, Vinh Hoang, was the former Head of Game & Simulation at Amanotes. Sharing the same Vision, Amanotes founders will back Vinh’s new venture which aims to deliver the best music experience to players while ensuring transparency and fair payment to content artists.

Cadenverse is a fully decentralized music distribution platform providing artists with the opportunity to have their songs in games to reach millions of players. Built with public blockchain infrastructure and other decentralized technologies, the platform will enable artists to get paid directly from their music consumers without intermediates, directly based on their songs consumption.

This new partnership will enable Amanotes to expand its ecosystem to the promising field of blockchain powered games, currently gathering a lot of attention in the global scene. This step into blockchain answers a key problem that Amanotes wanted to address additional transparent monetization channels besides music streaming for indie artists across the world.Aside from the investment itself, Cadenverse will benefit from resources, data and knowledge from Amanotes.

The first project of Cadenverse will start by launching an NFT music game before evolving towards a music creation and distribution platform.

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About Amanotes:

Amanotes is a fast-growing music-tech company from Southeast Asia. Their goal is to delight people with interactive music experiences. Some of their chart-topping hyper-casual games include Magic Tiles 3, Tiles Hop, Dancing Road, etc.

• Amanotes is the #1 Music Game Publisher worldwide (2019)
• Amanotes is the #1 App Publisher from Southeast Asia by downloads worldwide. (2021)
• Amanotes is ranked Top-20 Mobile App Publisher worldwide across all categories (2019).
• Their staple game Magic Tiles 3 amassed more than 500 million downloads worldwide, being the top 15 most popular game of Google Play in 2020 and 2021.
• As of August 2021, Amanotes amassed more than 2 Billion app downloads worldwide, over 120 Million monthly active users, and over 15 Million daily active users.

About Cadenverse

Cadenverse is the new decentralized music distribution and game platform powered by blockchain technology. Our mission is to liberate creativity and let everyone create and play with music in a fun way. We want to deliver the best music experience to our players while ensuring transparency and fair payment to content artists in the ecosystem.

Find more about Cadenverse:

Website | Discord | Twitter | Telegram | Facebook

Amanotes x Cadenverse — Blockchain for music distribution in games was originally published in Cadenverse on Medium, where people are continuing the conversation by highlighting and responding to this story.

While NFT technology has been existing for years, its fields of application have greatly evolved from profile pictures across social media to art or game characters. Music has not been spared and will likely be the next industry to be revolutionized by this technology. Cadenverse is well positioned to seize that opportunity, with an experienced team of professionals from both music and gaming worlds.

Highlights of the partnership:

• Integration: NFTs and/or collectibles from the project will be brought on to TomoChain’s native NFT platform. TomoChain will support the team through documentation and technical support for successful integration.
• Co-branding and community activities: TomoChain and Cadenverse will support each other in marketing and community building activities, and allow each other to amplify awareness through campaigns across various media and social channels.

About TomoChain

TomoChain is a scalable blockchain-powered via Proof-of-Stake voting consensus and used commercially by companies globally. TomoChain’s mission is to accelerate the onboarding of millions of users by empowering today’s applications with technology that masks the friction of Blockchain, all while retaining its underlying benefits. TomoChain’s technology and DeFi-focused flagship products include:

• Fast & Near-Zero Fees: 2000 TPS, 2-second block time, ~$0 gas fees, and EVM compatibility.
• An array of original features and protocols is designed to support speed, privacy, usability, and liquidity needs all in one platform.

Find more about TomoChain:

Website| Medium | Twitter | Telegram ANN

About Cadenverse

Cadenverse is the new decentralized music distribution and game platform powered by blockchain technology. Our mission is to liberate creativity and let everyone create and play with music in a fun way. We want to deliver the best music experience to our players while ensuring transparency and fair payment to content artists in the ecosystem.

Find more about Cadenverse:

Website | Discord | Twitter | Telegram | Facebook

New Partnership Announcement: Cadenverse and TomoChain to expand the possibilities of music NFTs was originally published in Cadenverse on Medium, where people are continuing the conversation by highlighting and responding to this story.

Cadenverse is the new decentralized music distribution and game platform powered by blockchain technology. Our mission is to liberate creativity and let everyone create and play with music in a fun way. We want to deliver the best music experience to our players while ensuring transparency and fair payment to content artists in the ecosystem.

Cadenverse: the music multiverse

We describe Cadenverse as a multiverse where players and their characters will freely navigate between different universes to create and play with music.

In this multiverse, players will need to polish their musician skills and complete missions to become the best band. Players will experience different challenges to train, perform and grow their band career. Each musician will have unique skills and abilities.

In this multiverse, users will either “play to earn” as players or “create to earn” as content artists. We are building Cadenverse to be a sustainable and increasingly rich musical environment where all players and creators can have fun while earning real financial benefits in exchange for their contribution to the community.

Blockchain and NFT in the music world

In Cadenverse, blockchain and NFT will be used for 3 purposes:

First, musicians, incarnated by the players, are unique and will grow with their owner. We will use NFT (Non-Fungible Token) technology to provide full ownership of the characters, abilities and associated collectibles to the players.

Second, the music: the songs and sound mixes created on our platform will be NFT collectibles marked with immuable records of their history for their creators. As such, players can freely decide to exchange, give or sell those creations.

Finally, tracking and paying for music rights: music usage has been a major issue of the music industry over the past 30 years. Especially in a digital environment with complex licensing rules and tracking systems. To reward our content artists, we will use a blockchain infrastructure to provide transparency and tracking of created contents.

Looper Band: our first universe

Our first game within the multiverse is “Looper Band”. Players will have to hire musicians and train them to perform in a band. The Musicians will need to acquire different music instruments and tracks to show their skills and creativity.

3 modes will be available to the players:

Mix and create

With a simple drag & drop mechanism, users can create song mixes. Song mixes are a combination of several soundtracks’ loops with different instruments. With dozens of instruments and variants of soundtracks the players will be able to create unlimited varieties of mixes in the game.

PvE: Play to earn

Before cooking, you need to learn how to cook! After hiring musicians with complementary skills you will train them in the PvE mode to become a real band. Players will have to recognize instruments within song mixes to earn rewards.

PvP: Battle mode

In the PvP mode, up to 5 different bands will be battling together. The fastest player to recognize the instruments will earn the master prize. To enter those challenges, users will need to bet an entry fee.

A Multiverse owned by players and creators

Our multiverse is aimed to be owned and governed by the community of players and creators. That is why the treasury of Cadenverse will be redistributed to reward active contribution and creation within the ecosystem. All users will be incentivized to participate in the development and decision making of the multiverse.

Thanks to the progressive distribution of our governance token, we will ensure that the governance is truly decentralized and benefits the whole community. Cadenverse token ($CDV) is the native cryptocurrency behind our multiverse which will be used for governance, staking and ownership.

How to join Cadenverse?

We have completed our first private rounds of funding and will soon open pre-sales on Polkastarter for individuals to acquire Cadenverse token ($CDV) as early birds. Please follow our website and Telegram group to be updated on the latest information related to the pre-sales.

All the investments are expected to fund the development and continuous improvement of the platform for the next 5 to 10 years.

Cadenverse studio is actively working with alpha users to gather feedback and provide the best experience for our players and creators. “Looper Band” will be launched in May on the Web.

Come join the Music multiverse!

Welcome to Cadenverse! was originally published in Cadenverse on Medium, where people are continuing the conversation by highlighting and responding to this story.