Many people like to listen to music, write lyrics, enjoy this process, it helps to relax emotionally, and this is confirmed by the way music bands gather all the stadiums of fans at their concerts, thousands and thousands of people are fanatical, loyal to their artists.
Thanks to such events, the organizers and musicians collect a good fee for the sale of tickets, and also made a significant number of albums with songs. Content creators should monetize their work with the help of such intermediaries who receive a significant portion of the funds received and can reach 50-70%.
As a result, the music industry is now governed by large monopoly services, which, although they have a large number of users willing to pay a lot of money steadily, but at the same time, the commission reaches 90%. Current artists sometimes find it difficult to create a song to get copyright and earn so much. We have to look for sponsors, spend hundreds of hours in music studios, face wicked leaders who can relate their work to themselves.
Novice artists should put up with this situation, and you can say that to get a penny for their work or not paid at all, only a few of them are selected, and talented guys cannot realize their dream. But, fortunately, this situation may change the project called Muzika.
Muzika creates a decentralized platform for direct interaction between the creators of music, artists and their fans, the audience based on blockchain technology. Thus, intermediaries are excluded, who may one day buy a song from the author and many times to pay for it.
That is, this is the only platform where creators will be able to upload their songs, music, get copyrights, and are immediately able to implement it to their fans for digital tokens, cryptography used in the application. It helps to eliminate copying, digital piracy, transactions are concluded between the participants using smart contracts.
This creates a friendly ecosystem and favorable conditions for all its participants, users will be able to receive bonuses for loyalty, loyalty to their artist. The main task of Muzika is to increase the commission up to 90% and pay only one dollar for a reasonable contract.
For various reasons, traditional platforms may be limited by the state and blocked, censored, Muzika also removes this barrier and allows people from anywhere in the world to use services and products. This will increase the number of fans of artists several times. The application has already been developed for three operating systems.
The development team has already developed in 2015 a music platform called Mapiacompany, in which there are already more than 2 million active users from 150 countries, and Muzika will start using this database. Unlike other ICOS, there is already a positive experience, startup participants are among the best young entrepreneurs in South Korea.
More information:
➤ Website https://muzika.network/
➤ Whitepaper https://muzika.network/assets/mzk-whitepaper-en.pdf
➤ Telegram https://t.me/muzika_english
➤ Facebook https://www.facebook.com/muzikanews/
➤ Twitter https://twitter.com/muzika_official
➤ Reddit https://www.reddit.com/r/muzikaofficial/
Author
Bitcointalk username - voron83-05
Bitcointalk - https://bitcointalk.org/index.php?action=profile;u=1362595
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Interesting overview! I would also reccomend you to check out the Infleum ICO, an ICO that is based on the "reverse ICO" concept.