Lyric
Lyric revolutionizes the music industry by uniting artists and fans through blockchain, offering decentralized fundraising, exclusive content releases, discovery, and interactive live streams
Created on 10th December 2023
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Lyric
Lyric revolutionizes the music industry by uniting artists and fans through blockchain, offering decentralized fundraising, exclusive content releases, discovery, and interactive live streams
The problem Lyric solves
The music industry, dominated by a few record labels, operates on a model where artists receive 'Advances,' essentially loans repaid through royalties. Lyric revolutionizes this landscape:
1.Dedicated Campaigns: Artists fund projects directly through Lyric, sidestepping traditional advances.
2.Explore Section: Artists retain full ownership, releasing music independently, fostering a decentralized music discovery hub.
3.Exclusive Arena: Live streams connect artists intimately with fans, breaking free from centralized live show structures.
4.NFT Integration: Campaign donors receive NFTs, unlocking exclusive access to the arena, strengthening the artist-fan bond.
Lyric's model redefines industry norms, offering artists financial autonomy, fostering community engagement, and reshaping the music landscape.
Challenges we ran into
Challenges Encountered and Resolutions:
1.RPC Downtime and Rate Limit Issues (Polygon Mumbai Testnet):
- Issue: During smart contract deployment on the Polygon Mumbai testnet, we encountered RPC downtime and rate limit challenges.
- Resolution: Collaborating with the Polygon team, we sought assistance and transitioned to the zkEVM network for contract deployment, ensuring a more stable and reliable environment.
2.Compatibility Issues with Push Notifications and Group Chats SDK:
- Issue: Integration challenges arose when we discovered that the push SDK was incompatible with the frontend, resulting in a time-consuming hurdle.
- Resolution: Overcoming this obstacle required extensive troubleshooting. Through persistent efforts, we eventually devised a solution, aligning the push notifications and group chats seamlessly with the frontend.
3.Achieving Multifaceted Features within Tight Timeframes:
- Issue: The challenge of implementing numerous features within limited hours demanded exceptional teamwork, dedication, time management, and organizational skills.
- Resolution: Successfully overcoming this challenge was a testament to our collective efforts. By fostering effective communication, dedication, meticulous time management, and leveraging organizational skills, we achieved a remarkable feat in delivering a feature-rich project within the specified timeframe.
Tracks Applied (7)
Polygon Track
Polygon
Filecoin Track
Filecoin
The Graph Track
The Graph
Alliance Track
Alliance
Push Protocol Track
Push Protocol
Lighthouse.storage Track
lighthouse
Huddle01 Track
Huddle01
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