VerseOne Distribution, a prominent music distribution platform, has entered into a strategic partnership with ChordCashAI™, a leading AI-driven royalty prediction platform.
This collaboration aims to redefine how African artists access funding by offering advances ranging from $1,000 to $1 million, leveraging ChordCashAI™’s innovative technology for precise music advance estimation.
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Advancing African Artists with Cutting-edge AI
The partnership focuses on providing much-needed capital to African artists, responding to the surge in popularity of Afrobeats and Afro Pop. The likes of Wizkid, Davido, Burnaboy, Rema, and others have propelled African music to global recognition, resulting in heightened demand for higher quality production and performances. ChordCashAI™’s artificial intelligence processes extensive data from streaming platforms, music libraries, and analytics, ensuring 97% accuracy in predicting future royalties. This swift and accurate data analysis enables a turnaround time of seven days or less for artists seeking advances.
Unlocking Future Royalties and Financial Flexibility
Artists connected to VerseOne Distribution can seamlessly tap into ChordCashAI ‘s platform, revolutionising the application and receipt process for royalty advances. This partnership empowers artists to take control of their financial futures, offering the flexibility to invest in new projects, equipment, or promotional activities. Importantly, ChordCashAI™ is committed to fair and transparent terms, ensuring artists retain control over their creative work while accessing essential funding.
Eric Palumbo, Head of Partner Activation & Growth Marketing at ChordCashAI™, expresses the mission to empower independent musicians globally. The collaboration with VerseOne aligns with this mission, offering modern tools to enhance transparency, efficiency, and artists’ control over their careers. The partnership is set to democratise funding access, catering to artists at various stages of their careers and ensuring they retain ownership of their music.
According to Palumbo, “ChordCash’s partnership with VerseOne is another step forward in our mission to empower independent musicians across the globe. We believe that artists should have access to funding without having to give up ownership of their music or control of their careers and are honoured to work with partners such as VerseOne to provide modern tools to improve transparency and efficiency, and to keep power where it belongs – with the artist.”
The benefits of this collaboration include seamless integration for artists using VerseOne Distribution, financial empowerment for creative projects, transparent and fair terms, and a global reach through VerseOne Distribution’s extensive network. As both companies strive to innovate and uplift artists, the partnership signifies a transformative step in the music industry, promising a brighter future for independent musicians.
This strategic collaboration between VerseOne Distribution and ChordCashAI™ holds the potential to reshape how African artists navigate the financial landscape of the music industry. With a shared commitment to transparency, empowerment, and global impact, the partnership addresses the unique challenges faced by independent musicians, offering them a powerful solution to accelerate their careers. To explore VerseOne Distribution’s services, visit VerseOne Distribution.
About ChordCashAI™
ChordCashAI™ is a cutting-edge platform providing royalty advances to musicians, enabling them to access their future earnings today. With a focus on transparency, fairness, and empowering artists, ChordCashAI™ is reshaping the way musicians fund their creative projects while maintaining ownership and control over their work.
About VerseOne Distribution
VerseOne Distribution is a leading music distribution platform empowering independent artists to share their music globally. Committed to providing artists with the tools and resources for success, VerseOne Distribution offers services such as digital distribution, marketing support, and artist-friendly revenue models.