IMUSIFY-Decentralized Music Economy

ardibimbim (9)in #bitcoin • 6 years ago

Greetings Success For You All In The Community Steemit ...

Back with me Ardibimbim,this time I invite you to review the exciting Imusifyproject that will lead you to the next success.

About Imusify

IMU tokens are used as the engine to support Imusify.ico multi-layered, decentralized music economy. This will create an immense potential value for the token’s use throughout imusify’s infiltration into the industry. Through our smart reward and compensation system, ϑ IMU is either rewarded for contributing to the platform or used as a currency for exchanging digital assets and services. By establishing trust and transparency between artists, supporters, fans, and industry service providers; a vibrant ecosystem emerges. The company lets music makers, music fans, and music entrepreneurs connect in new ways to make the music industry a fairer place. Imusify.ico is implementing a »know your customer« process to ensure compliance with the highest industry standards and avoid fraud. The company requires all ϑ IMU Token Sale participants to submit their information via the online form.

The information will then be processed by a provider of automated screening and monitoring services, ensuring regulatory compliance.Imusify.ico are very cautious about the security of your personal information and will do all company can to comply with any applicable laws and regulations. For more information please refer to company Privacy Policy. As with any grand opening, the ϑ IMU Token Sale will offer a discount for a limited time. There will be additional discounts rewarded throughout the ϑ IMU Token Sale.Imusify.ico will continue to sell IMU tokens post-sale at full-price.imusify received 2nd Prize in the City of Zion dApp Competition. If you would like to become a part of company growing team, please join the company by getting in touch with Discord channel.

Problem

The inefficiencies of centralization

The rapid transition to digital media has led to a diminishing rate of return for artists. The exploitation artists currently experience is a result of the extreme inefficiencies that lie within the current centralized music system. Lack of transparency within the system has led to lost revenues, misattribution of ownership, and ineffective licensing processes. Not only are artists struggling to earn a fair and sustainable income, but large organizations continue to grow and withhold unfair portions of revenue.

Connection Failure

Music is more available to global users than ever before but the disconnect between music creators, collaborators and shareholders is growing, making it more challenging to fairly exchange ideas and resources than ever before.

Solution

Imusify.io uses a combination of innovative protocols and frameworks to facilitate the direct peer-to-peer connection between artists, fans, and other stakeholders. The platform integrates the best practices of traditional crowdfunding, streaming, media sharing, economic and social networks. This way, imusify eliminates the need for existing intermediaries, resolving inefficiencies, providing transparency, and ensuring everybody is fairly rewarded for their contribution. Use cases include artist crowdfunding, transparent artist royalty payments, incentivized content curation, open-source development and network collaboration.

Music. Made. Smarter

Crowdfund your music project
Support your favorite artist
Discover new music
Stream your favorite tracks
Collaborate with anyone anywhere
Get exclusive tickets to shows
Connect with your fans
Get paid for your creative services

Proof of concept

The proof of concept (PoC) platform as it exists now demonstrates two basic functions that the full platform will contain. Using testnet IMU, content curation is rewarded at a basic level distributing 1 IMU to each user for each post they like. Additionally, a crowdfunding functionality exists where users can create campaigns and receive IMU from supporters to fund their projects.

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Payment methods are accepted

The ϑ IMU utility token is a NEP-5 token that will be available for purchase with NEO/GAS. If you are interested in the purchase of IMU tokens and need assistance, please contact Imusify.

Token IMU

The IMU utility token can be used to pay for services and also to reward users. This is a NEP-5 token.

Artists will be rewarded for providing music, and users for curating and contributing to the content. The token can also be used to purchase and license content, as well as to crowdfund projects, and to exchange value between creators and service providers.

Of the billion IMU tokens created, 120 million are up for sale in the private & pre sales, with 380 million in the public sale later on.

Imusify Team

This project is based in Berlin. The imusify site lists a team with just 8 core members.

David Walters is the Chief Executive Officer and his profile suggests that he has 25 years of experience in the music industry. Chief Financial Officer is Dina Yedigeyeva, who is described as being an Entrepreneur in the fashion industry.

Nate Strang is the Chief Operating Officer and Jennie Legary takes on the role of Chief Marketing Officer. The other job titles in the team include Project Manager & Legal Advisor, Project Director, Chief Technology Officer, and Product Designer.

In addition, there are a total of 12 Advisors listed. These include Blockchain Advisors Anders Larsson and Joakim Holmer,