Grounding news for artists everywhere!⚡️ Symphonic has officially partnered with FORMLESS to empower artists by integrating their SHARE protocol. Learn everything you need to know right here.
Symphonic Partners with Formless
Formless is a Boston, Massachusetts headquartered music technology company with the mission of creating virtual and physical experiences that enable people to live more fulfilling lives. The Share Protocol (SHARE) is decentralized distribution using peer-to-peer, pay-for-access micro-transactions on blockchain, created by their team with the mission of creating virtual and physical experiences that enable people to live more fulfilling lives.
How does it work?
With SHARE, Symphonic artists gain even more control over their success path by easily creating smart contracts, determining audience access, setting a price they choose, enabling permissionless curation, revenue sharing and receiving instant payments.
SHARE is the new way to distribute your media, where you can succeed on your own terms.
“Formless has developed intuitive, dynamic, and highly innovative technology rooted in pragmatic control-based tools for artists,” says Nick Gordon, Chief Partnership Officer for Symphonic. “Brandon Tory is one of the smartest people we have met in Web 3, and as a distributor, we applaud a business model rooted in building logistical bridges to the future of Blockchain marketplaces.”
What does this mean for you?
As an engine for Web3 applications and digital content streaming services, this SHARE Protocol will initially roll out to a select group of Symphonic clients who specifically express interest in Web3 as well as the willingness to explore innovative release tools.
As an alternative to traditional streaming services like Spotify and Apple Music, artists using the technology can control the access terms to their music, including the streaming price, and receive payments instantly while splitting royalty revenues with collaborators and their audiences.
“Symphonic is one of the biggest and clearest leaders in the space of media distribution. When we built our peer-to-peer distribution protocol SHARE, we immediately thought partnering with Symphonic would be instrumental to help usher in this new innovation and to solve some of music’s biggest challenges by leveraging the robust experience of a company that has already done this for decades. We could not be more thrilled about this partnership, and we think that this is a glimpse of a bright future where established media companies can work together with new technologies to bring about the best experiences for creators and consumers on the internet.” – Brandon Tory, Founder & CEO of Formless
Want to learn more?
Check out the official landing page for this partnership right here.