LODI

LODI is a community platform where “Fans” can actively participate by evaluating (likes), posting comments, sharing, and following the contents of “Artists” who upload them (photos / videos of vocals, choreography, sound recordings, etc.)

Whitepaper

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Interest lvl

Medium

Updated: Aug 17, 2020

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User Rating

Highest

5/5 • 2 votes

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Ticker

LODI

Token standard

ERC20

FoundedKorea, Republic of

Office address376-28, Hapjeong-dong, Mapo-gu, Seoul, Korea

What is LODI

LODI PLATFORM is an artist and fandom training platform aimed at a balanced music industry. In order to become a life-oriented service, LODI PLATFORM was implemented as a mobile application, and a token reward system was implemented as a blockchain so that artists and fans can create a healthy ecosystem autonomously. Since users' data for determining token rewards are very sensitive to forgery and alteration, LODI manages such data in blockchain to prevent forgery in advance.

When a user (aspirants / trainees / artists, herein after referred to as the ‘Artist’) uploads content (pictures / videos of vocals, choreography, sound sources, etc.), a user (FAN, herein after referred to as the ‘FAN’) will be able to rate (like), comment on, share, or follow the content in LODI. The content and activities generated here are rewarded with tokens based on their value, and the tokens can be used for item purchases, crowdfunding, fan club / fan meeting activities, performance requests and ticket purchases, production and sales of goods, and music purchases.

Artists highly rated by FAN (likes, views, comments, shares, etc.) will be able to participate in auditions conducted by LODI, where trainees will be systematically trained at LODI Academy and debuted in conjunction with partner agencies for activities. In this process, artists can upload individual contents (practice, training, daily life, etc.) to LODI, or continue to communicate with FAN through live broadcasts and community activities to form fandom.

FAN will be able to fund the production of the album so that their favorite users (aspirants / trainees / artists) can make their debut and receive some rewards for the album's revenue.