What is Imusify Project?
What is Imusify Project?
Imusify is an award-winning music platform that is reinventing the global music industry in order to liberate music makers, music fans, and music entrepreneurs. Let imusify help you find your creative voice, build a loyal following, discover great music, and reward your contribution. IMU tokens are used as the engine to support imusify’s 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 contribution 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.
Imusify wants to create a fully decentralized music marketplace that will provide a solution to these and many other challenges facing artists in the music industry. By use of innovative protocols and frameworks, Imusify will facilitate a direct peer-to-peer connection between artists, fans, and other stakeholders.
Imusify Problem:
The digital age has transformed the music industry. Creating millions of copies of digital content now costs next to nothing, and the adoption of the internet has done the same for its distribution. More songs are now just a click away than have been recorded in decades before the advent of the internet, and consumers now prefer streaming (access) to downloads (ownership).
Streaming services are on the rise, but the business industry as a whole failed to adopt. Instantaneous access and global nature of the services caused problems with digital rights management, payment transparency, and monetization of content.
As a result, most musicians are not fairly compensated, despite the fact that their music is enjoyed by more people than ever. The 12 billion USD global market for digital music requires a new solution, where musicians are paid, listeners get access, and labels get a fair deal.
Imusify Features:
The features of the platform include:
Audio Player
Users can upload songs, podcasts, and audiobooks among other content that can be distributed and shared within the platform or externally.
Curate Content
Users can vote for content, which will allow for the curation of good and bad content. Users are rewarded in IMU tokens when they participate in making sure that content provided by Imusify is of high quality.
Creation Of Channels
Users are able to create their own channels with even playlists that are based on different topics and tags. Users can also invite others both from the platform and outside the platform using email so that only invited members will have access to the channel.
Imusify Solution:
The imusify platform builds on the solutions provided within NEO Smart Economy and implements several proprietary solutions to address the problems of scalability and security, hampering other distributed applications.
These solutions allow the imusify platform to (i) surpass the scalability limitations by reducing the volume and number of transactions, required to be validated on the main chain; (ii) implementing digital identity and automated content screening solutions to prevent fraud and copyright infringement; and (iii) allowing each user to generate revenue by content production, ownership or curation, depending on their role in the economy.
How Does Imusify Work?
The platform will integrate the best practices of streaming, crowdfunding, media sharing, social and economic networks. This will do away with the need for intermediaries. It will also provide transparency, resolve inefficiencies and ensures that every artist and other service providers are rewarded in line with their contribution. Some of the use cases of the platform services include artist crowdfunding, incentivized content creation, transparent artist royalty payments, network collaboration, and open source development.
The platform has an easy to use interface. It will also use neo-python as a blockchain middleware for communication between UI and the smart contract. Imusify is set to revolutionize the global music industry and it will liberate music fans, music makers, and music entrepreneurs.
Roadmap:
Token Sales Detail:
The IMU tokens will be used as the engine to support Imusify multilayered decentralized music economy. This will increase the demand for the token since the token will have many uses throughout Imusfy’s infiltration into the industry.
The platform has a smart reward and compensation system where users are rewarded for contributing to the system. The token will also be used as a currency for the exchange of digital services and assets. The token will be used to establish trust and transparencybetween fans, artists, industry service providers, and supporters. This will create a vibrant ecosystem.
Token: IMU
PreICO Price: 1 IMU = 0.044 USD
Price: 1 IMU = 0.05 USD
Bonus: Available
MVP/Prototype: Available
Platform: NEO
Accepting: NEO, BTC , ETH, LTC, XMR, BCH, DASH
Soft cap: 1,000,000 USD
Hard cap: 25.000.000 USD
Country: Estonia
Whitelist/KYC: KYC & Whitelist
Restricted areas: USA, Canada, China, South Korea, Singapore
For more information:
Website: https://imusify.com/
Whitepaper: https://imusify.com/whitepaper.pdf
Facebook: https://www.facebook.com/imusify/
Twitter: https://twitter.com/imusify
Telegram: https://t.me/imusify
Medium: https://medium.com/imusify
Reddit: https://www.reddit.com/r/imusify
Github: https://github.com/imusify
Ann thread: https://bitcointalk.org/index.php?topic=4327428.0
Author: tinhkhuat
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1885373