VAULT Protocol
p/vault-protocol
A New Digital Music Format Built on Crypto Rails
Kara Burney
VAULT — A new digital music format built on Crypto Rails
Featured
4
Created by the co-founders of FanDuel, VAULT launched the mobile-friendly Digital Music Collectible (DMC) music format and the VAULT protocol, an open and fully decentralized network for purchasing, playing, and sharing music on third-party apps and websites.
Replies
Kara Burney
At VAULT we are building a new music format. Our Digital Music Collectible, or DMC music format is designed to be the digital version of a box set. Fans can buy, unlock, and play DMCs with rare recordings, stems, archival footage, voice memos, & more that play instantly on their phones (no ugly zip files). The question is... who need another music app?! We couldn't agree more. That's why VAULT is a format, not an app. What really sets VAULT apart is our open protocol, which allows music fans to play DMCs on any website, application, or music player. In addition to scaling the DMC format to more artists globally, we will open our proprietary decentralized protocol to the broader music industry. Currently, digital music and content ownership models fail because they don’t allow owned content to move with a user across platforms. However, by creating a fully decentralized and open network, the VAULT protocol can be utilized by artists or music companies on third-party apps and websites. As a result, music superfans are free to move, trade, sell, or play their DMCs on any website, application, or music player supported by the VAULT protocol.
Andrey Vinitsky
I've been following Vault's journey for a while and I love what the team is building. Sent it to my brother who is a musician. Congrats on the launch 🙌
Nikhil Roy
open and fully decentralized network for purchasing, playing, AND sharing music? Spotify just got wheeeeels son or should I say Crypto just got on rails
Arush Tiwari
Is this built on ruby on rails?