Craig DeWitt has made it clear that he is working on a music platform that will be beneficial to the thousands of musicians worldwide known as xsongs.
Craig DeWitt is the director of product at Ripple. According to him, the platform which is known as Xsongs will make it possible for the artist to sell their work directly to those that need it using Ripple (XRP) as a medium of exchange. this method will reduce the stress and cost the artist might have gone through.
Craig DeWitt made this known while talking to the Block. this idea was inspired by the existing platforms such as Bandcamp.
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Craig DeWitt wishes to build on the flaws of the existing music platform thereby producing a better platform.
Below are some extracts from his exacts words.
“When you take the intermediary out, you get lower prices, more sales for the artist and more art.”
“While Bandcamp charges 15% plus 6% processing costs, total + 21%, xSongs is a model in which artists can sell directly to interested parties, which means that the costs and processing costs will always be 0%.”
“We have developed a wallet experience designed to enable musicians to accept payments from all over the world and for buyers to have that ‘one-click’ experience anywhere on the internet,’
The good news is that Xsongs is already available in the Beta version. the number of the artist on the platform is growing and He hopes to see at least a thousand artists before the second half of 2020.
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