Venture Description

PROBLEM

Today it is difficult to discover and build with artists of ranging niches and genres. Furthermore, there is a lack of platforms specifically for building artist relationships. 

SOLUTION

Glissando is an app that will allow artists to both discover and share new music while making their music available to the general public

BUSINESS MODEL

The model is advertising-based. Revenue will be generated from advertisers using the platform, paying prices contingent upon level of outreach

We will also include a tiered-based subscription where users can pay monthly for certain benefits. The lowest level will be Gold which is a fee of $5 monthly and includes unlimited swipes on artists’ connections. Base level accounts will see a limit of 10 swipes per day. The second level will be premium, for a price of $10 monthly, and for this, they will receive unlimited swipes as well as ad-free music on the explore page. The final and most beneficial payment plan is called Platinum, for a fee of $20 a month our users can enjoy unlimited swipes, ad-free music, and promotion for their profiles. This will allow them to show up first on the search pages for other users and make their profile more visible to a wider audience. These payment plans will contribute to our ad-based revenue. 

TARGET MARKET

Local musicians, A&Rs, Seekers of new music

KEY COMPETITORS

Bandsintown, Songza, Sonarflow, Soundcloud

USE OF FUNDS

65% Marketing and Customer Acquisition, 15% Legal, 20% Employees