The music
industry
generates
over

$100 million

per day

goes to distributors,
retail stores,
and concert venues

$67,994,521

per day

Money Too Tight to Mention?​

Major music streaming services compared

The Breakdown

$43,000,000,000 of revenue was generated in 2018,
with over $29b going to non-content creators

How
Artists
sell
Music

How $1 Flows from Spotify
to Recording Artists

The Plight of a Musician

Drivers of Artists’ Profits from ‘86 to ’17 ($ millions)

The Problem
in the Music Industry—

Сompetitive
Landscape

Lack of Optimal Monetization Path for Content Creators

— Gain a following on Soundcloud

— Upload to Spotify to get paid royalties

— Determine splits with your producers on Stem

— Acquire distribution and digital rights on Distrokid

— Announce new releases on Twitter

— Sell merch on Shopify

— Sell beats on Tracktrain

— Sell used gear on Ebay

— Sell tickets through LiveNation

— Show behind the scenes on Instagram

— Receive tips on Patreon

Matter is the
Digital Hub
of Music

Connecting the global music community to create economic opportunity for every member of the industry

 

  

Defining new
payment
standarts

Timeliness, transparency,
and higher splits

 

Blending Music & Fintech

Using blockchain to support smart contracts for copyright and streaming oracle

 

Community with
artists

Providing artists, labels, and their partners tools to monetize, socialize, and streamline their career

 

The digital
​hub
of music

 

Defining New Payment Standards

— Fixed revenue  vs. variable cost of goods (platform sustainability)

— Ignoring ALL operating or business expenses, the entirety of revenue generated from a monthly user active for two hours a day is spent on royalties and music licensing

— Spotify Operates at loss on over 105m of their users

— Artist payments (wage sustainability)

— Platforms pay to distributors who take a cut

— Distributors take from 1 to 6 months to credit the artist’s account

Current streaming mechanics raise two core problems dealing with sustainability

 

Matter

— Transparent division of 80% of subscription revenue
— All creators on platform receive proportional payments weekly per stream
— Scalable
— Allows company focus to be placed on duration metrics through streaming and social features, while increasing likelihood of commercial activity
— More frequent royalty distributions to creators so they can focus on their career
— Higher velocity of money increases likelihood of micropayment transactions

Open source smart contract oracle

 

Blockchain is pseudonymous. Anyone can audit our claims and payments are private unless payment address is disclosed

 

 

Streaming data
oracle

 

Processes stream counts and automates settlements every week

 

 

Community with
artists

— Smart splits: Automatic revenue share between contributors
— Copyrights

— Ticketing

 

Blending Music and Fintech