#Vezt begins revolution in the #music sphere
Enthusiasm and adoration of musical fans to their artists have no limit. They seek to follow and imitate their idols in any possible ways. Now, together with the Vezt project, fans can participate in the life of the stars. For example, to help artists create music, which is absolutely unique.
The movements of the fans are global. Due to social media artists have hundreds of thousands and even millions of subscribers from all over the world. And of course, many musicians would like to count on their fans, especially when thanks to them you can create a new musical masterpiece.
Artists receive multi-million views on youtube and downloads from paid content stores. Digital advertising and online playgrounds help stars sell tickets to concerts in the most remote countries. Musicians, perhaps, have never been so popular and recognizable. This stunning success is provided by new technologies that have brought star crowds of fans.
Now with the help of Vezt the artists will be able to count on the help of their fans, who will have the opportunity to invest in the music of the performers. In turn, music lovers, making investments in songs, directly participate in the creation of new hits.
The project allows you to purchase copyright on the music through the application on your smartphone. And this means that you can buy some of your old, but your favorite song. Previously, such opportunities were only for large music labels and publishers.
Having realized a part of copyrights to a musical work, their authors will get the means to create new ones. It turns out that fans, due to their strength, can "dump" a musician for a new song, an arrangement or even a clip. This approach dramatically changes the relationship between listeners and artists. Another unique feature is the transparency of transactions.
The project Vezt is created on the blockbuster Ethereum and in its work smart contracts are used.
Having received a part of the ownership of authorship in a musical work, users will receive income from royalties (remuneration to authors for the use of their works), which come from the organizations protecting authors' rights. In 137 countries around the world there are such organizations.
Also royalties come from online giants: youtube, spotify, itunes and other services. That is, it is a source of passive income for crypto-currency investors. But do not expect superprofits. In this role with Bitcoin is now not enough to compare.
For the convenience of users, Vezt creates its own monetization system. Payments of royalties will be carried out in the local currency of the platform - tokens Vezt (VZT).
To sum up, we note that now the passion for music allows not only to enjoy it, but also to earn on it. Thanks to Vezt, musical works become a new form of digital currencies, which artists can get by selling their works.
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👉 https://vezt.co/
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