Distributed content ownership platform stoi.org is coming out of stealth and heading to ETHDenver to debut STOI #2 with singer-songwriter and multidisciplinary artist Jesse Boykins III. Boykins’ STOI Honestly, I’m a Treat, is a piece about self worth, knowing who you are, and being able to stand up for what you represent.
“stoi.org is helping me achieve my mission as an artist by bringing even more awareness to the messages I’m sending through my music and allowing me to connect deeper with my fans,” said Jesse Boykins III.
stoi.org will be on the ETHDenver mainstage with Jesse for the launch of STOI #2. The team will do a deep dive into STOI and AirDrop tokens to audience members. Alongside the IRL experience will be an online A.I game where fans can interact with Honestly and win fractional ownership of The Song [https://stoi.org/s/2/airdrop]. To wrap up ETHDenver, Jesse will be performing at the official closing party.
stoi.org was created to empower artists to create sustainable careers on their own terms. Today, artists create for communities that are not designed to sustainably support them due to centralized hierarchies, limited fan participation, and inequitable profit sharing.
“STOI gives artists full control over their work and creates new tools to reward fans,” said founding DAO member George Howard, a music industry veteran, copyright law professor, and author.
stoi.org is migrating to Algorand to address Artist and Fan Concerns. Amid growing concern from web3 creators (Environment / Cost / Utility – Water & Music Report Dec ’21), stoi.org is moving from Ethereum to the Algorand blockchain. Algorand will allow stoi.org to immediately achieve a carbon-neutral footprint, ensure low transaction costs into the future with no variable gas fees, and expand its established utility and audience. The Algorand protocol has proven to be carbon neutral, fast, reliable, and cost effective for Web3 projects at scale.
While the initial STOI releases are curated by the DAO, stoi.org was built to be a fast-scaling, self-service utility for creators to distribute ownership and revenue. stoi.org operates like a “Stripe for DAOs,” says founding DAO member Aubrey Anderson. “It allows any kind of recurring payments to be fractionalized and shared with creators, collaborators and fans alike.”
stoi.org is reimagining artistic rights, giving shared ownership and governance of Song(s) to the fans. Governed by DAOs, The Song That Owns Itself (stoi.org) is a shared-ownership model for Songs that enables artists, collaborators, and fans to co-own a piece of music and share in its future success and revenue (streaming, sync licensing etc). Smart contracts digitize and automate the collection and distribution of profits to all The Song’s stakeholders, increasing transparency and the rate of return, while essentially eliminating breaches of contract.
