# Idea for an music investment platform

## Open questions or thoughts:

* Should the music created by the investment, prevented to be published on other platforms?
*

## Problem:
Talented musicians have a long way, till they get a record deal or can finance their life with their music. Additionally it seems like these labels sometimes misuse their power and take a lot of the income.

## Solution:
We want to build an tokenized ecosystem, where regular people can fund their favorite talents or genres, which gives them the opportunity to earn returns from their funded art. The earned money should have a better distribution between artist and "label", where the "label" is a pool of liquidity providers. The platform should also offer the created music through NFT access, to be able to distribute the earnings.

Another opportunity for the future is to fund a whole production environment, owned by LP's. Where the LP's can decide through governance about hiring producers, which artists they want to record and so on.

The platform itself should exist in form of a DAO, to make decisions about fees and other structural conditions. This should enable earnings for further developments.

## Milestones

1. Investment Pools for genres(artist applications & governance process), music distribution, producer reputations
3. Artists can create Pools with proposals
4. Investement Pools for production environments

## Discovery Phase, Milestone 1

To give this thing a name, the platform is provisionally called **Music&Me**.
To simplify the notation in the following, the name is abbreviated as **M&M**.

### Agents

* Liquidity Provider

* Service Provider
* Artists(provides art creation)
* Producers(provides production environment)
* Storage Provider(music files)

* Listener

* DAO Members

### Design Objective:
Enable new investments opportunities, that increase the creation of desired music and leads to a fair distribution of earnings.

### System Goals

* Technical Goals

* Data storage for music files
* Fast file access
* mobile usage
* No security vulnerabilities

* Economic Goals

* Low voting costs
* affordable music access compared to other platforms
* Earning of fees for further developments
* Fair pay for Artists and Producers
* Storage costs should not exceed the cost for the art

* Agent Goals

* Liquidity Provider...
* want to make sure they get a real output from their investment(music & earnings)
* need to have a say on the investment decision, related to their pool share
* would like to have free access to the creation of their investment
* would like if their recommendations are recognized by the artist

* Artists...
* want easier access to production cost coverage
* desire freedom in the product creation
* would like that their reliability will be recognized
* need a pay that incentiveses further interactions

* Producers...
* would like that their reliability will be recognized
* desire a competitive pay

* Listener...
* want affordable access to music
* would like to have flexible payment models

* DAO Members...
* want to make decisions about the use and distribution of revenue
* desire earnings from their investment in the platform development

### Requirements

* Tokens required
* DAO member Token (M&M)
* number of Tokens should represent the percentage of provided liquidity in relation to the overall provided liquidity
* Stable Coin for Liquidity Pools (e.g. DAI)
* the value of the investment pool should not be volatile
* Genre-Pool-Share Token (e.g. JPT(Jazz-Pool-Token))
* should represent the percentage you're allowed to earn from future revenue created by the investment
* should represent the weight of your vote in relation to the percentage of liquidity you provided
* gives you access to music files, created by your investment pool
* NFTs for music access
* should allow flexible payments(per month/year/art)
* should allow flexible accesses(genres/artists/whole platform)
* NFTs for reputation(reliable service provider)

* Functions M&M organization infrastructure
* Member proposal for further development with token reserves
* Member voting about the proposal
* Buy and sell DAO Tokens
* fees to fill token reserves
* recurring voting about fees charged
* recurring voting about reserve distribution(yearly)
* yearly reserves distribution(part of it)
* Inital pool creation with Pool Share Token allocation

* Functions M&M investment infrastructure
* deposit DAI to Liquidity Pool
* receive Pool Share Token
* propose investment
* vote for investment
* make investment

* Functions Music distribution service
* music file access through NFT
* link payments to Pool Share Tokens

### Stakeholder

### Interactions and Value Transfers

Mechanism Interaction Diagram

* Blue Ellipses: Mechanisms
* Boundaries: Systems/Subsystems
* Arrows: Interactions
* Dotted Arrows: Impacts


Value Transfer Diagram
(goes here)

### Metrics