What is PENTA
Product
We provide PENTA, Play2Earn Music Player.
Once users purchase HeadphoneNFT(a digital item on app), paid token will be staked on Liquid Staking Derivative like LIDO. They will get tokens as rewards for listening to music by distributing LSD's staking rewards.
We focus on collecting listening music logs on-chain to build Decentralized Music Recommender System(MRS) to more context-based, personalized and diversified than Spotify's one.
What we Solve
What we solve are musicians' problems, especially, it's difficult to deliver their tracks to more and more people.
More than 90% of the world's musicians' music is not listened. This is because music marketing is complex and difficult, and many musicians have to do it themselves.
And Spotify's Music Recommendar System has scalability problem. The more music is increased, the lower accuracy of recommendation is getting (According to Spotify's Research Team Report).
How we Solve
The first solution is Play2Earn.
We incentivize the activities to "listen to music" with money to make easily to deliver their music.
Especially, using Liquid Staking Derivative on the back, the listeners can participate in Ethereum's Distributed System while they only listening to music.
The Second solution is more decentralized music recommendar system.
DecentralizedAI based music recommendar system can recommend more personalized and various music.
What Challenges we are facing
Decentralized Music Recommendar System's design is difficult.
That needs to combine these technologies:
- Federated Learning
- zkML
- FME
And Recommendar Engine has some categories like:
- context-based
- collaborative-filtering
- hybrid
First of all, we should design and test what architecture is the best for all listeners.