WEB3
by BSCN
September 7, 2023
The collaboration will see HITLAB's patented DNA Technology integrated into ROCKI's platform - a gold mine for musicians.
ROCKI is proud to announce a new official partnership with HITLAB. This leading AI-powered music analysis platform provides solutions for data-driven decision-making to enhance profitability in the music industry. Its DNA Technology (Digital Nuance Analysis) is a patented algorithm for music recommendations with advanced analysis and scoring capabilities. Using its unique DNA scoring system, it filters millions of songs to effectively predict the potential success of a new song.
This new partnership will bring HITLAB’s proprietary Technology to the ROCKI platform. In plain English, this is a gold mine for musicians. Soon they will be able to upload music or mint Music NFTs (ROCKI proprietary Music NFT minting protocol built on the Binance BNB Blockchain), to the streaming ecosystem and get an immediate HITLAB DNA Hitscore of their work.
“With this exclusive, patented technology, musicians gain a valuable tool for measuring a song’s hitmaking potential,” says Bjorn Niclas, founder and CEO of ROCKI. “The HITLAB DNA score provides impartial feedback based on data-driven input of worldwide music charts, including 20 years of Billboard’s Billboard’s number one singles. That gives musicians an indication how their work compares to the hit songs of the last two decades.”
This represents a host of new opportunities moving forward. The two companies have signed a Letter of Intent (LOI) to explore a $3M strategic investment to further develop the HITLAB DNA technology within the ROCKI platform and its web3 music space.
In addition, the two companies are developing a mobile app that makes it easier for musicians and fans to not just discover the next big hit, but also to participate in marketing those artists.
Furthermore, ROCKI will host a large-scale token buyback program exclusively hosted on one of the leading Exchanges, MEXC, in the near future.
“At HITLAB, we’ve always been impressed with ROCKI’s mission to empower independent musicians with new tools to monetize their music using the latest blockchain technology,” says Michel Zgarka, HITLAB President & CEO.
“In the past,” he continues, “our two companies collaborated on several music competitions and various successful joint initiatives for the music industry. Now we look forward to developing our partnership to level the playing field and handing ROCKI’s musicians exclusive patented AI tools to help their music careers.”
This new partnership will also open the door to potential recording and publishing deals for ROCKI’s talented artists, together with HITLAB’s worldwide distribution agreements with Warner Music and Universal and custom Artist mobile apps, as well as further Metaverse exposure through many of HITLAB’s partners.
The future just got a lot more interesting.
Listen in below:
ROCKI official links: Website | Twitter | Telegram
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