Last updated 6 months ago

Cardano Hub Indonesia: NuSound Terra Music Platform

Problem

Inspired by “Nusantara” (Archipelago), Indonesian regions harness Cardano tech to grow national interest and expand global reach in the music industry.

Solution

  1. NFT ownership ensures identity & security.
  2. Cardano web & mobile music platform.
  3. End-to-end features incl. stream-to-earn.
  4. Artists control streaming royalty distribution to holders/fans.

Total to date

This is the total amount allocated to Cardano Hub Indonesia: NuSound Terra Music Platform.

89,730 $ADA
Total funds requested
84
Total votes cast
4.05M
Votes yes
23.3M
Votes abstain

About this idea

Team

Project’s Operation mechanism

This project managed by the collaboration KITA Cardano and Cardano Hub Indonesia and we decide to go forward under the Accountable belonging to Cardano Hub Indonesia and Consulted a legal terms by Mr. Aryoputro Nugroho; With Mr. Darma as Project Manager in charge and responsible for delegating the task for everyone and consulted to Randy from Civic Committee, and Fanny will be accountable for Budgeting and distributing the fund to the team member. Alfino will be in charge of the responsibility of all technical outputs while informing Mr. Wisnu and consulting Randy and Mr.Darma.

Compliance pathway: Register as PSE with Ministry of Communication; integrate MELON/PAPPRI for royalty distribution; implement tiered KYC (basic for streaming, enhanced for fiat withdrawals).

Fulfilling Clarity Funding Commitment Form:

Our team will fill the funding commitment accompanied by google form as documentation; following the rules of Fund14 rules, The items will be present as the commitment of working hour between developer and other team member or based on features and committed to Sprint retrospective to do evaluation at certain time and date to ensure the project progress tracked down and deliver satisfaction to the internal stakeholders.

Type: Funding from Project Catalyst Fund 14

Disbursement schedule:

Milestone 1: 50% up front and 50% when completed.

Signed agreement between developers(Responsible) and KITA Cardano(Accountable) for Intellectual Property Ownership.

Milestone 2: 75% up front and 25% when completed.

Milestone 3: 50% up front and 50% when completed.

Milestone 4: 50% up front and 50% when completed.

Milestone 5: 50% up front and 50% when completed.

Reporting template for non tech and technical team members produced after milestone 1 completed.

Proposer Commitment: at maximum of 2 days period after receiving from Catalyst, convert to USDT.

Joint Responsibilities: Sprint Retrospective by all team members and identify steps of remediation.

Our Project’s team credentials: