this post was submitted on 22 Sep 2021
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cross-posted from: https://lemmy.ml/post/81992

Resonate is a really cool co-op and they could really use some volunteers & users.

I've been looking for a more ethical music streaming service since I discovered Spotify and other streaming platforms are terrible for small artists. Only the top 3% of artists make $1000/yr and only the top 1% make more than $5000/yr. You'd have to be in the top 0.2% to actually earn a living of $50,000/yr on Spotify.

Resonate is the only platform I've found that's doing something radically different. They have a stream to own model in which listeners pay artists directly about 1/4 of one cent for their first stream then the price increases exponentially with each stream until the 9th stream at which point the listener has paid ~$1.50usd. At that point the user can download the song for offline listening and never has to pay to stream that song again.

Perhaps the coolest part is they are a co-op, 45% of governance weight is reserved for artist shares, 35% for listener shares, and only 20% for staff.

Resonate is a small project that could use all the help it can get. If anyone knows of any other cool music platforms, I'd love to know about them, too!

https://github.com/resonatecoop/stream

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[–] pereputty@lemmy.ml 3 points 3 years ago (4 children)

Interesting concept! Do you think there is a need to replace Bandcamp as well? To me it seems to be a better alternative to spotify, with a focus on the small creators as well

[–] Cloak@lemmy.ml 6 points 3 years ago* (last edited 3 years ago) (3 children)

Yes! I think for me it is better than bandcamp, the perfect combination between streaming and ownership. I joined the coop, (5$ membership + some shares). I hope extra funding can help them market themselves and get their service on the streaming service lists that publishers/indie artists use to launch the album on many platforms, because at the moment there is not much of my style of music.

I have conflicting feelings though, I like the spotlight on indie, but I am not sure how well it will work for the platform's growth to only have artists no one has heard of. I think ideally we have an indie only section and then the hybrid section with a bit of everything

Edit: Bandcamp is closed source!

[–] pereputty@lemmy.ml 3 points 3 years ago

The ownership part sounds exciting to me as well, this is the first time I've heard about a coop. You also raise a valid point about it being open source. I just don't really see it becoming as popular as bandcamp or Spotify, since for a regular consumer (who doesn't like to hop platforms) I don't think the features could be warranting a switch. I'll definitely will keep an eye on this project though, I hope it takes off!

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