Muzika ICO Review-Transforming the Music World through Blockchain

in #cryptocurrency6 years ago

Muzika is adjusting to topple the weakening genuineness of the current propelled music publicize. From begin to culminate, we are going to transmute the machine-controlled music business and re-portray the use of the market players enclosed, checking purchasers and entertainers. The Muzika Coin (MZK) can fill in because the sole medium for all the trades and exchanges elementary within the inchoate natural framework, starting associate degree adjustment within the context within the propelled music business.

About Muzika Network

Previous music blockchain comes have unnoticed the importance of an oversized userbase to attain widescale adoption. These comes have incontestable that it'sattainable to relinquish a better commission rate to artists for his or her work exploitation good Contract transactions. However, for artists, the low commission rate offered from ancient music streaming apps that had large userbases were a lot of engaging than blockchain apps exploitation good Contract transactions. Case in purpose, a tenth commission of $1,000 from iTunes was preferred to ninetieth commission of $1 from a sensible Contract group action.
Muzika aims to produce musicians the simplest of each worlds: a better commission rate for his or her inventive content and a powerful userbase. Muzika has developed a powerful system for incentivizing fans to contribute to the Muzika scheme. These incentives can build the userbase necessary for Muzika to produce each higher commissions to artists together with the mass userbase of ancient music streaming sites. The network impact from a mass userbase are the key to developing associate degree autonomous, self-sufficient scheme. In alternative words, Muzika will give musicians with ninetieth of $1,000.
Muzika has already created vital achievements towards the event of property resolution to inefficiencies within the digital music business. In 2015, co-founders of Muzika saw a chance within the on-line music business and began on-line music platform Mapiacompany. in mere over three years, Mapiacompany has become the #1 worldmusic platform with over two million users. Muzika can depend upon this existing userbase and community.

Features

We will reform however worth is formed and captured by numerous players inside the business. we are going to come rewards to those that produce the worth, from those that simply transfer the worth, whereas ill the share lost from digital piracy through blockchain technology. Muzika can produce associate degree autonomous, self-sufficient scheme driven by artists and their fans in bike, wherever compensations and rewards can become proportional to the amount of devotion place into musical creations and scheme behind them.

  1. good contract can enable digital musical product to be transferred directly from artists to fans, guaranteeing fairer and a lot of clear economic distribution.
  2. Fans are rewarded with loyalty points for his or her numerous community activities, which is able to be frequently born-again into MZK coins - the only real medium of exchange for all economic activities within the scheme.
  3. Fans can have opportunities to create direct support to their favorite artists, supporting them and receiving exclusive edges reciprocally.

Problem

Music is initial digitized in MP3 type, the audio file format is typically compressed to solely three to four megabytes per song on the average. This innovation was provided by all alternative previous media from music, like CDs and cassettes, obsolete and dynamical industries through sanctionative digital distribution. This has positive and negative effects for musicians. On the one hand, they're currently able to unharness and distribute new music round the world at can. On the opposite hand, pervasive copyright piracy ends up in a ensuant decline in music sales, and extortionate commission distributors, combined to scale back musicians' personal gain.
Distributors and publishers relish ample and long terma returns for happening and non-complex work. the difficulty of digital piracy remains unresolved.favorita there's no place to fill apart from having a digital song packaged through distributors and publishers.however musicians happy,
Fans hope to work out their beloved musicians happy, however, there's no place to fill apart from having a digital song packaged through distributors and publishers.

The solution

Muzika is prepared to reverse the unhappy truth of the digital music market these days. From A to Z, we are going to replace the digital adjustment sector and redefine the role of the relevant market players, as well as customers and musicians. The Muzika Coin (MZK) are the sole thanks to create all the required transactions and exchanges within the new ecosystems, so making a paradigm shift within the digital music business. . .
Among a spread of difficulties and solutions projected within the manner of Muzima, I bravely invite you to the current innovative project.
I am certain that you just, and every one people, can feel the advantages of the come to greatness and greatness that Muzika has applied to remodel the planet of digital following.

How can Muzika revolutionize the music industry?

Muzika builds associate degree scheme LED by artists and their fans, rewarded for his or her dedication and dedication to music creation and consumption.

To the fans

Fans are rewarded for his or her numerous community activities (sharing, for example) with loyalty points, which is able to be born-again into MZK coins. Fans will use MZK coins to fund their favorite artists, assist them and receive exclusive edges reciprocally, like the flexibility to relish exclusive product, services and referrals. expertisethe daily lives of their favorite artists and participate within the method of making a musical product.

For the artists

Unlike social media platforms like Facebook, the Muzika user base won't solely move in community activities (such as commenting or sharing), it'll even have the chance to sponsor artists WHO need it. love. their style.
The Muzika scheme also will embody production support to make music albums that enable you to make music while not having to sign with a label. The vital user base and integration with standard platforms like Mapia can facilitate to consume a lot of vital creator content and can be rewarded for his or her creative thinking.
In addition, the Muzika platform can provide community programs and events like competitions, competitions, and in progress events which will facilitate new artists to determine themselves and name them.

Token Information

Total number of tokens% for sale :1,000,000,000
Total number of tokens for sale :205,000,000
Hard-cap : 20,000 ETH

For More Information, Please Follow The Below

Website : https://www.muzika.network/
Whitepaper : https://www.muzika.network/assets/mzk-whitepaper-en.pdf
BitcoinTlak : https://bitcointalk.org/index.php?topic=5042121
Twitter : https://twitter.com/muzika_official
Facebook : https://www.facebook.com/muzikanews/
Telegram : https://t.me/muzika_english
Medium : https://medium.com/muzika-official
Reddit : https://www.reddit.com/r/muzikaofficial/
Github : https://github.com/MuzikaFoundation

Author

Bitcointalk user name : smathjon1234

Bitcointalk profile Link : https://bitcointalk.org/index.php?action=profile;u=1623153

ETH address : 0xE93616059aF66D157b1DFd0241e918149c43381b

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