The Choon advisory board also boasts Mark Gillespie, manager of international DJ Calvin Harris. Choon has launched a blockchain-powered music streaming service that aims to pay musicians more and faster. By combining music streaming and digital payment, Choon aims to pay musicians 80% of streaming revenues generated by their tracks. The company is launching the platform in South Korea this week, with plans for expansion into other countries. The company plans to publish stream count data, profit split information and wallet balances to create more transparency.
Choon has launched a blockchain-powered music streaming service that aims to pay musicians more and faster. By combining music streaming and digital payment, Choon aims to pay musicians 80% of streaming revenues generated by their tracks. The company is launching the platform in South Korea this week, with plans for expansion into other countries. The company plans to publish stream count data, profit split information and wallet balances to create more transparency.